City of Monticello Iowa

Live, Work, Play

You are here: Home / Resolutions / Resolution 18-95

Resolutions ·

Resolution 18-95

The City of Monticello, Iowa

IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA

 RESOLUTION #18-95

Resolution proposing the implementation of an increase in the City of Monticello Hotel/Motel tax from five percent (5%) to seven percent (7%) and authorizing the submission of the proposed increase to a general election of the City of Monticello, Iowa electorate

WHEREAS, Chapter 423A of the Iowa Code authorizes a City to impose by Ordinance a hotel/motel tax at a rate not to exceed seven percent (7%) within its boundaries, and

WHEREAS, The Iowa Code only allows the imposition of a hotel/motel tax, or in this case an increase in the previously approved hotel/motel tax, after an election at which a majority of those voting on the question favor the proposed increase of said tax, and

WHEREAS, The City Council for the City of Monticello, Iowa, after discussion and review, finds it to be in the best interest of the City to increase the current hotel/motel tax rate, previously approved by the electorate, from five percent (5%) to seven percent (7%), said increased rate of seven percent (7%) to be applied and/or to commence on January 1, 2019, and

WHEREAS, The City Council recognizes the obligation of the City, as set out in the Iowa Code, to designate fifty percent (50%) of the taxes generated from said tax for the acquisition of sites for, or construction, improving, enlarging, equipping, repairing, operating, or maintaining of recreation, convention, cultural, or entertainment facilities including but not limited to memorial buildings, halls and monuments, civic center convention buildings, auditoriums, coliseums, and parking areas or facilities located at those facilities, or the payment of principal and interest, when due, on bonds or other evidence of indebtedness issued by the City for those purposes and/or facilities; or for the promotion and encouragement of tourist and convention business in the City and surrounding areas, with the remaining fifty percent (50%) to be used for any City operations authorized by law as a proper purpose for the expenditure, within statutory limitations, of City revenues derived from ad valorem taxes.

NOW THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve the following and authorize the following:

  1. The City of Monticello, Iowa shall hereby submit to the electors of the City, at the next regular general election, the question whether or not the City should increase the hotel/motel tax from five percent (5%) to seven percent (7%), consistent with the following proposed ballot language:

Shall the City of Monticello adopt by Ordinance an increase in the current hotel/motel tax in the City of Monticello from the current rate of five percent (5%) to the increased rate of seven percent (7%), said increase to be implemented and effective as of and including the 1st day of January, 2019, with the revenue derived therefrom to be used for those purposes permitted by Chapter 423A of the Iowa Code.

  • If approved, the City of Monticello shall designate the funds generated from such a hotel/motel tax to be disbursed on the basis of fifty percent (50%) for the acquisition of sites for, or construction, improving, enlarging, equipping, repairing, operating, or maintaining of recreation, convention, cultural, or entertainment facilities including but not limited to memorial buildings, halls and monuments, civic center convention buildings, auditoriums, coliseums, and parking areas or facilities located at those facilities, or the payment of principal and interest, when due, on bonds or other evidence of indebtedness issued by the City for those purposes and/or facilities; or for the promotion and encouragement of tourist and convention business in the City and surrounding areas, with the remaining fifty percent (50%) to be used for any City operations authorized by law as a proper purpose for the expenditure, within statutory limitations, of City revenues derived from ad valorem taxes.
  • That the City Clerk-Treasurer and the Mayor are hereby directed to take those steps necessary to place this proposition before the electors of said City during the November 6, 2018 general election.

IN THE TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal for the City of Monticello, Iowa to be affixed.  Done this 6th day of August, 2018.

Brian Wolken, Mayor 

Attest:

Sally Hinrichsen, City Clerk