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Summit County Council enacts 1.1% impacted-communities sales tax and authorizes parameters for up to $99M in bonds
Summary
The Summit County Council voted 4–1 to adopt a 1.1% Impacted Communities sales tax for unincorporated Summit County and approved a parameters resolution enabling up to $99 million in bonds to finance transportation and transit projects; projected initial revenue at 1.1% is roughly $17 million annually.
Summit County’s Council voted 4–1 on Nov. 12 to add a 1.1% Impacted Communities sales tax in unincorporated areas and to authorize a parameters resolution that allows issuance of up to $99 million in bonds backed by the new tax.
The ordinance, enacted after staff presentations and public discussion, applies only to unincorporated Summit County and is narrowly limited to transportation infrastructure and transit projects listed in the state statute enabling impacted-communities levies. County staff estimated a full 1.1% levy would generate roughly $17…
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