CITY OF HOMER



HOMER, ALASKA

City Clerk

ORDINANCE 05-10

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA AMENDING ORDINANCE 05-03(A), REPEALING SECTION 3. DEDICATED SALES TAX, COMMUNITY ENHANCEMENT FUND.

WHEREAS, The Homer City Council adopted Ordinance 05-03(A) on February 14, 2005; and

WHEREAS, The Council made amendments to delete the dedicated tax of .25% and deleted the creation of the Community Enhancement Fund; and

WHEREAS, In the amendment process Section 3. was overlooked.

NOW THEREFORE, the City of Homer Ordains:

Section 1. Section 3, To amend the City Code by the enactment of a new section 9.16.015, is hereby repealed in entirety.

[ 9.16.015 Dedication. A portion of the sales tax levied and collected pursuant to subsection 9.16.010(a) is dedicated as follows: ]

[ a. The proceeds from the levy of one-quarter of one percent (0.25% levy) is dedicated by the voters to the Community Enhancement Fund, generally for the purposes of making grants to local governmental and non-governmental organizations and making direct expenditures to implement, enhance, or supplement the City's overall economic and community development strategies. ]

Section 2. This ordinance is a non code ordinance and of a permanent and general character.

PASSED AND ENACTED by the Homer City Council this 14th day of March, 2005.

CITY OF HOMER





JAMES C. HORNADAY, MAYOR



ATTEST

MARY L. CALHOUN. CMC, CITY CLERK

Page Two

Ordinance 05-10

City of Homer

Introduction: 02/28/05

Public Hearing: 03/14/05

Second Reading: 03/14/05

Effective Date: If approved by the Voters and Upon Certification of the Election

Ayes:

Noes:

Abstain:

Absent:

Reviewed and approved as to form and content:





Walt Wrede, City Manager Gordon Tans, City Attorney



Date: Date:

Fiscal Note: No monetary impact.