Title 08 Taxation and Revenue
Chapter 08.07C Sales and Use Tax for Housing and Housing-Related Supportive Services
Section 08.07C.060 Sunset
The tax imposed by the City under this chapter shall expire twenty (20) years after the effective date of this Ordinance No. C-35982, unless earlier extended by ordinance. Beginning three (3) years before the expiration date, the City’s Chief Financial Officer or designee shall provide notice to the City Council and the Mayor of the impending expiration date of the tax, and shall also promptly notify the City Council and Mayor of the repayment status of any bonds issued and secured by the revenues received by virtue of the tax imposed by this chapter.
Date Passed: Monday, November 30, 2020
Effective Date: Wednesday, January 13, 2021
ORD C35982 Section 1
