1974-33 Authorizing Sales Tax Question on the Election Ballot1
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' AN ORDINANCE OF THE KODIAK ISLAND BOROUGH ASSEMBLY ADTHORIZIlVG
THE QUE9FICN OF A BOROUGH AREAWIDE SALES TAX TO BE PLACED CN THE OCICBER
CAL ELECTION BALLOP
WHEREAS, the Borough Assembly and City Council have
reviewed the Tax Study as
y prepared by Foster & Marshall and,
WHEREAS, determination has been made that an areawide
sales tax of 1% is in the best interest of the Borough, and
WHEREAS, such levy would insure a more equitable
taxation of the entire borough population,
IT IS ORDAINED, that the question:
"Shall the Kodiak Island Borough initiate a one - percent
areawide sales tax ?"
be placed on the October 1, 1974, general election ballot.
It is further ordained, that a second reading and
public hearing shall be held on the question of an areawide
sales tax and on the establishmOpt of any exemptions,
Notice of said hearing shall be given by publication
in the Kodiak Mirror at least seven (7) days prior to the
public hearing. After the public hearing the Assembly shall
make the determination of whether or not the question of an
areawide sales tax shall be placed on the general ballot along
with the accepted exemptions.
PASSED AND APPROVED THIS DAY OF , 1974.
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AT ST:
Boroug C er
KODIAK ISLAND BOROUGH
ORDINANCE NUMBER 74 -33 -0
KODIAK ISLAND BOROUGH
BY:
BY:
Borough Mayor
Presiding Officer
/ f
First Reading, approval date:
Second Reading, Public Hearing and Passage Date:
Pa# TWO, ORDINANCE NO. 74 -33 -0