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08-14-17 Town Council Work Session Packet.pdfTown Council Monday, August 14, 2017 3:55 PM Agenda 1.Start Time 4:00 P.M. 2.Item for Discussion Continued Discussion on Marijuana Memo Continued Discussion on Marijuana Medical Retail Status pg 3 Local Medical Marijuana Actions pg 9 Tax Revenues pg 17 Ballot Language pg 19 5.Adjournment 1 WORK SESSION AGENDA ITEM SUMMARY TOWN OF SNOWMASS VILLAGE Meeling Date:August 14,2017 Agenda ltem:Continued Discussion on Marijuana Presented By:Clint Kinney, Town Manager John Dresser, Town Attorney Description:The Town Council is continuing its discussion and exploration of municipal marijuana issues. The Council's stated goal is to eventually make a long term determination ol how it would like to address retail and medical marijuana distribution (and other potential regulations) prior to the end ol the existing moratorium, October 2018. There is a large spectrum of options for the Council to consider, including an outright ban on distribution or allowing retail and/or medical stores under a regulatory scheme. Both ol these options can either be put in place by a vote of the Council or could be put lo a vote of the citizens as well. At some point the Councilwill need to determine how it wants to address this issue and provide direction to Staff. At the last Council discussion on this topic, the different gpes of licenses available under the state statute were discussed. This discussion will provide information regarding what other municipalities in the state have allowed for (or prohibited) for both medicaland retailmarijuana. The information also shows existing tax rates and revenues. TC Work Session 08-14-17 Page 2 of 31 2 Municipal Retail Marijuana Status Prohibit lMoritorium il lhru date)Permlt ffax rate, if any) rora (5%; up to 10%) Blanca (5% excise) Blue River Boulder (3,570) Bow Mar Breckenildge (5%) Brighton Erookside Broomfield Brush (thru l1112016l Euena Vista Burlington Calhan Cherry Hills Village Coal Creek Cokedale Collbran (Permanent) Colorado Springs Columbine Valley Commerce City (5olo excsie) Gortez ba tt eld (s%l City Lle Roch e Pines e (5'lo) Centennial Cily (s%) ne Hawk (570f TC Work Session 08-14-17 Page 3 of 31 3 jCnig Cnwford Creede Crested Butte I Crestone (5%l Cripple Creek Crook Crowley Dacono lDe Beque (5%) Del Norte lDelta iDenver (f.5%; up to 15% authorized) I l0illon 0inosaur Dolores (thru 12i31118l, Oove Creek rDurango Eads Eagle (S5 I lransaction) Eaton Eckley Edgewater Elizabeth Empire {S5 I transaction) Englewood (3.5%) Erie Estes Park Evans Fairplay Federal Heights Fireslone Fleming (thru 1l1l201il Florence (Permanent) Fort Collins Fort Lupton Fort Morgan Fountain Fowler Forfield Fnser (596) Frederick Frisco (5%) Fruita Garden City Georgetown (S5/transaction) Gilcrest TC Work Session 08-14-17 Page 4 of 31 4 Holly Holyoke Hooper Hot Sulphur Springs Hotchkiss Hudson Hugo ldaho Springs lgnacio iliff Jamestown (permanent) Johnstown Julesburg Keenerburg Kersey Kim Kiowa Kremmling La Jara La Junta La Salle La Veta Lafayette (5%; up to 10%) Lake City Lakewood Lamar Larkspur Las Animas Leadville (5% excise tax; up to 1 0%) Limon Littleton Lochbuie (7.S/o excise taxl Glendale nwood Spdngs Junction Lake Golden Granada Gunnison (5%) Gypsum Mountain Falls wood Village TC Work Session 08-14-17 Page 5 of 31 5 lLog Lane Village {1.5% ercise tax) lLone Tree I Itonemont lLouisville lLoveland I iLyons (3.5%;f/o excise tar; up to 10%) iMancos (uR to 31 0 I transaction) lManitou Springs (5%) lManzanola Mead Meeker Miltlken Minturn Moflat Monte Vista Monlezuma Montrose Monument Monison Mountain View (5%) Mountain Village Mt. Crested Butte Naturita (thru 0410312018) Nederland New Castle Northglenn (?%) Non,lood Nucla Nunn (tr/' ercise) Oak Creek Olathe Olney Springs 0rchard City Ordway (thru 6,2912017) Otis 0uray Ovid Pagosa Springs Palisade (5% excise) Palmer Lake Paonia Parachule (59/o excise tax) Parker Peetr Pierce Pitkin Platleville TC Work Session 08-14-17 Page 6 of 31 6 o (8% excise tax up to 15%) Raymer Red Clifl (up lo 570 relail; up lo 15% wholesale) i Rockvale iRocky Ford jRomeo Rye Saguache Salida I iSan Luis Santord I Sedgwick (S5 retail; 51 00 wholesale;270 excise) l..,o"n l r.u.rrn.. lsrreriaan I Silt (3.5% ercise| Silver Clitf Silver Plume (no greater than 8%) lSilverthome (5%) Silverton (1% retail; 3% wholesale) Simla Snowmass Village {thru 3/15/17} Sourh Fork Springfield Steamboat Springs Sterling Stratton Sugar Cig Superior Swink I ellun0e Ihomton (5%) Timnath Springs chett gley (5%) idad (5%) nburg lvail Victor Vilas Vona Walden TC Work Session 08-14-17 Page 7 of 31 7 Ward Wellington Westclifle Weslminster IYheal Ridge Wiggins Williamsburg Windsor Winter Park IYoodland Park wny Yampa Yuma sh TOTALS Tolal Opl out 167 Moratoria: I Licensing:68 Taxes: 39 Total Action Taken. 244 90.04% of Colondo munlclpalltler have taken acllon to address retail marijurna eslablishmenb ln lhelr communlty TC Work Session 08-14-17 Page 8 of 31 8 itunicipal Actions & Elections Sunnary ol Lual tuledical Muiiuana Aclions lhru Sptng 2016 Munlclpallty Typcollssuc 2009 2010 201'l 2412 2013 2011 201 5 al6 Akron Shall Prohibil Mli,lJ Centers, Cultrvation, ard Manulacturers?PASS Alamoea Prohitition of MMJ Centem, Cullivaton, and ilanulacturers ADOPTED. Alma RegulaU'on ol Homegro,rs ADOPTED^ Arvada P,ohitilim of MMJ Cenlss, Cultivation. and Manufaclurers ADOPTED. ADOPTEO^ Arpen Regulatioo of MlAl Centes, Cullivaftm, and Manulaclurers ADOPTE0+ Aurora Shall Prohibil MlvlJ Cenlers, Cullivation, and Manulrlurers? Regulalim o{ thmegro,vs PASS ADOFIEO^ Avon Pmhitition ol MMJ Centets, Cultivation. and lllanufacturers AOOPTEO. Basalt Ertensst of lt'loratodum to 10/2312014 ADOPTED Regulatlm o{ MMJ Centers, Cullivdion, and Marulalurens ADOPfED+ Ptohitition ol MMJ Centen, Cultivalim, and Manulacturers FAIL Black Hawk Regulatim d MMJ Cenlers, Cutlivalim. and Manul*lurers ADOPTED+ Blanca Prohibtim of lvllvlj Center, Cultvalion, and Manufaclurers ADOPTED. Boulder Regulatron of MMJ Cenlers, Cultivalisr, and Manulaturers ADOFTED+ Bow ilar Prohitition of MMJ Ceflters, Cultivatiofl, and Manuladurers ADOPTED. Bnckrnddge Regulalkm of [illJ Cenlers, Cullivalbn, and Matuletuec ADOpTEO+ lnqease Taxes by 575.0(X) by taxi.E MW 5% h reimburse lor pdice lnaining and administration lorMtulJ regulaliom?PASS cf) o O) oo)oo- Brighton ProhiUlim ol MtrU Centers, CultNatiofi, and Manufaclurers AOOPTEO. Bmomlleld Prohitifim of MMJ Cenlers, Cultivaton, and Manufacturets Shatl Pmhibit MMJ Cenlem, Cultrvatron. and Manuhlurers? ADOPTE} PASS Brush Shall Pmhibit MiAl Cenlem, Cullivalion. and Maulaclurers? lncrease laxes by $100.000 by taring MNIJ 5%,50t to go to generd? PASS FAIL Buena Vista Regulatkn d MMJ Centers, Cullivatm, and Msrul*turers ADOPTED+ Calhan Ptohibtion ol lvlMJ Cenlea, Culbvatbn, and Manulaclurem ADOPTED- Campo Prohitiliot ol MMJ Cenles, Cuttrvatron, and Manulaclure$ ADOPTED Grrtondrle Regulation o{ MMJ Cenlea, Cullivalron, md Malulacturers ADOpTED+ lrloralorfum on lhe establbhment ol any new medical or retail madfuana fmility to 12111Q013 AOOPTED l- I$ I@oc .9aaq)a -Yt-o =oF CasUe Plncs llorth Shall Prot{bil MMJ Centen, Cultivatioo, and Manufaturerc?PASS Regulatims lc Home Grorvs ADOPTED^ Caslle Rock Pmhititioo of iil,LJ Centers, Cuthvalion, and Maflufaclurers ADOpTED SnTtit protutlt Utrtteillsrs, Culivdior', ard Ma'ufalurcE?- *-'"*i'ASS Cunmercial potribitbn adopted by council adioo + Commerchl reguhticns adopted by co.Ilci adion ' Honegrow reguldims adoplad by umcil adion 9 Alunicipal Actions & Elections Sunmry ol Lm,al tladical l4arijuana Adbne hru Srying Nl6 Municlpality Typr ol lesue 2009 201 0 2011 2012 2013 20t1 ?0't5 20r6 Canlennial Fm[i ADOPTED. Cenler Prohibrlron ol MlvlJ Cenlers, Cullivalion, and Mandadurers ADOPTED. Csntral Regulation ol MMJ Cerles, Cul$vation, and Manulrturers of MMJ Cenlem. MMJ ADOPTED+ ADOPTED- ADOPTEO. Hills Cokedale Collbnn Ptohibrton of Mlru Cenlea, Cultivdion, and Manulaclurers ADOPTED. Colondo Sprlngs Regndatioo ol MMJ Cenles, Cultivatioo, ad Manufaclures A0OPTED+ Moratodum on mw MMJ facililies ADOPIED Commerce Clty increase tares by $1fi),0$ by taring MlvlJ 7%, revmue used to promote public safety?PASS Corte:Reglation of MMJ Centea, Cultivation, and Manufacluren ADOPTED+ Crawlord Shall Prohibit MMJ Centem, Cultivaton, ald Manufalurers?PASS Creede Prohititim of MlAl Cenlers, Cullivdion, and Manuladurers ADOPTED. Cested Eutte Reguldiot ol M[u Dispensaties ADOPTED+ Creslone Regulatioo of MMJ Centes, Cultivalion, ard Manufrlurers ADOPTED+ Crlpple Cnrk Pmhititioo ol MMJ Cenlers. Cultvalton, and Manufaclurers AOOPTEO. Regndaticrs for Home Groun ADOPTET}^ Dacono Regulatron of MiAJ Centers, Cultivalion, aM Manufaclurers ADOpTED+ Shall permil not more lhan three medical madjuana businesses lo operate wilhin he cily beginning limnse year 2015? PASS r CO oo (D o)(s o-De Baque SMI Permrt MMJ Centers, Cullivalion, and Manulaclurers?FAIL Shall lares be increased $50.000 by taxing $5 per MMJ trasetion?PASS Oonuar Reguldion ol M[,tJ Center, Cullivatim, ard Mansfaclure]s A0OPTED+ Dsl l{orte Shall Prohibit Mti4J Centem, Culliyation, and Manu{alurels?ADOPTET} 0oltr Prohitilio of MMJ Cenlers, Cuttrvation, and Manufactwers Shall Prohibi( MMJ Centea. Cullivation, ard Manufaclures? Ag9lrlq _ PASS Dlllon Pmhibrlisr of MMJ Cenlers, Cullivalion, and Manulaclwers ADOPTED Dlnosaur Shd Pemil MMJ Center, Cullivation, and lvlanulaclurers?FAIL Dolores Prohitilio ol MMJ Centers, Cullrvdroo, and Manuteluers ADOPTED. Durango Regulatim of MIr,lJ Centers, Cultivation, and Manulacturen ADOPTED+ Morato,ium on nafl lriedcal Madiuana Lic€nses lo 07101/2013 ADOPTED Eagle Regdalim ol MMJ Cenlers, Cuttivatioo, and Manuf*lurm ADOpTED+ l- ts I@oco'6 @ c) U) .Yl-o =()F Ptohitilicn of MMJ Cenlers, Cullivation, and Manulrclum ADOPIED Shal allorv cuoenlly opporatirg hilities lo remain?PASS Ad'itional changes in Mlvtj regulations ADOPTED Moratodum on additiond license reqests lo [,|Iil facilities.AOOPTEO Conmarcial Fohibili:n Bd@led by courcil eclion + Commeoal regulaliols adopted by couno'l adion ^ Hunegrcw reguhtims adoiled by c*ncilaclim ADOPTED+ t I I I I I I I t 10 Municipal Actions & Elections lrlunlclpallty Typcoflssue 20t19 2010 20tI 20lZ 20'13 2011 2015 2016 Regulation of residenlial MMJ cultivatinr. requiring pdmary care givers lo obtain a business license and eslablishing a fee for lhe license Elizabelh Shall Prohibit Mlvu Centers, Culliyation, and Manulacturers?PASS Fairplay Pmhititioo ol MlvlJ Cmler, Cultivation, ard Manufadurers AOOPTE} Fcdcral Heightr Shdl Prohibit MMJ Centem, Cullivation, and Manulaclurers?PASS Shdl medical ma{uana centers be permitted in he City? PASS Florence Prohihtioo of MilJ Cenlers, Cullivation, and Manuladurem ADOPTED. Fountain Shall Pmhibil MMJ Centers, Cultivatim. and Manulacturers?PASS Forlleld Prohihtion of MMJ Cmters, Cultivaton, ard Manuladurers ADOPTED. Regulation ol l"bnegroYrs ADOPTED^ Fnser Shdl Pmhitit [,lLtlJ Centes, Cuttrvation, and Manulacturas? FAL Shall taxes be increased $100,000 by imposrng 5* grcs lax on sale MMJ paraphemalia, producls? REulation ol lv[rlJ Ceilters, Cullivation, and Manufacturers PASS ADOPTED+ Frededck Pohitrition ol MMJ Ceoterc, Cultivalion, and Manulaclurers ADOPTE}, (f) o (Dg) (u o_ ADOPTET}^ Frulta Shal laes be increoed by $100,000 adopting a 5% medbal mariluana and paraphemalia lax on lhe pdce paid lo be used [or enlorcemeot? PASS Additional changes in MMJ regulalions lrloralorium qr new licenses lo 6802012 AOOPTED ADOPTEO Shall Prohibil l,tMJ Centers, Cultivation. and Manurelurers?PASS Ft Golllns Regulatron of MtrlJ Cente.s, Cultavation, and Manufaclurers lnitiated pohibitim sr MMJ Centes. Cdtication, and Manulrturm ADOPTED+ PASS REndatioo and zmfg fu MMI Centea PASS FL Morgan Prohibitior of Mtr,lJ Cenlers, Cullivalion, and Manulaclffem ADOPTED. Frieco lncrcase lues by 375.00 by taxing MlnlJ 5% to reimhne for police lraining and administralion for Ml*J regulations?PASS Regutatioo ol Mi,u Centea, Cullivation, and ADOPTE0+ Garden Glendah Regulatioo ol Mld,J Centers, Cultivation. and Manulaclurers ADOpTED+ caegivers {primary caegiver l- Is t @o C .oaao U) lz o =Ot- AOOPTED^ ADOPTED+ Glenurcod Spdngs Regulatioo and zming for M[lJ Cente{s A0OPTED+ Golden Regdation ol MMJ Cenlers, Cultivahon, and Manulaclurers ADOPTE0+ Granby r Hanegmu regulalims adopted by council adim Strall Prohitil MMJ Cmters, Cultavation, and Manufadureo? - Coomercial prohibnim sdopled by muncil adim PASS + Carmercial regulafms Edopted by corrtlcd sctrm ADOPTEDN 11 rltunicipal Actions & Elections Sunnary ol l-ual Madbal Marijuana Aclnns lhru Sying 2A16 Munlclp.llty Type of lsruo 2009 2010 2011 2012 20't3 2011 2015 20't6 Shalllaxes be rncteased $100,000 by impciry 5*grcs tax on sale MMJ paraphemalia, podncls?PASS Grand Juncllon Prohihlm of MilU Centers, CultivaUoo, ad Manulaclurers ADOPTE} Shall Prohibit M[,lJ Cenlers. Cuttiyation, and Manulaclurers?PASS ADOPTE} &eeloy ADOPTED. Green lilountaln Falk Prohiut on ol MW Centers, Cultivatiofi, and Manulaclurers ADOPTED. Greenwood Villago ProhiHUm d Mlvu Centers, Cullivatim, and Manulacturers ADOPTED Gunnison Allor MiIJ Dispensaries and associated lacilities?FAIL tax on PASS Allow medical madjuana eslablshments?PASS Hayden Prohitition d MtrtJ Centers, Cullivation, and Maufriurers Shall the Town permil, rcgulate and license cullivalion relail and medical mariiuana o appo'ad by Tolm ordinance?PASS Hlllroee Shall Prohibit Mli,lJ Cenlens, Cullivalion, and Manrl*lurers? peSS Shall taxes be increxed $100,fi10 by imposing 5% grcs tax an sale MMJ paraphemalia, pmducls? ADOPTED- FAIL (e o N (D o)o o-Hotchkles Prohititim d MMJ Cenlels, Cultivalisr, and Manulaclures Shallmedicd maiiuana centers be permitted in the Tom? 2!l sales lax? ADOPTEO. FIIL PASS ldaho Spdngs Regulaliar of MMJ Cenlers. Cullivatioo, and Manulactuers ADOPTED* Iut Prchibilbn o{ MMJ Cenlers, Cullivalim. and Manulmlurers ADOPTED JamBtown Shall Prohibit MMJ Centers, Culiyation, and Manulacturers?PASS Julesburg Prohibition o{ MMJ Centers, Cullivalioo, and Manulaclurers ADOPTED- Slrall lhe eslaHishment and operalion ol medical mariiuana orltivation f*ililies, relail mariiuana produd manulacluring facifities and relail stues be pemitled in lhe Torn? MMJCmlels,andKiowa ADOPTE} AOOPTED FAIL I- Is I@o C ,oaao U) .Yl-o =oF FAILLaJamfohibil medhd nadiuana establishenb? La Junta Sha[ Prohibit MlrJ Centers, Cultivatioo, and Manu,acture{s?PAS$ Shall dlow beming ol relail or medical madiuana establishmenls? FAIL La Veta Regulatlon ol MMI Centem, Cullrvalron, and Marlrlurers A0OPTED+ Lafayetle Regulation ol MMJ Cenle{s, CultivaLul, and Maulmturea - Cqnareraal prohfirilbn adQbd by coocil adim ADOPTED+ + Commercbl reguldims adopled by ound adim ^ Hornegror legulalims adopled by council sdisl Grand Lakc Prohit lim o{ MiilJ C€nter, Cultivation, and Manulrluers Addilional changes in MMJ prohitition ADOpTED 12 Municipal Actions & Elections Sumnary ol Local lladical Wituana Aclioos thru Spmq 2016 Municlpality Type of lseue 200s 2010 2011 2012 2013 20t1 20I5 2016 Regulatim ol Homegrorrc. 12 phnt max ADOPTED^ Lako City Shall Allorv MirlJ Centers, Cullivation, and Manulaclurec?FAIL Larhspur Shall Prohibil MMJ Cenler?PASS Shall Prohibil Cultivation Opa'atilms?PASS Sh all Prdibil MMJ lnfused Producl Manufaclurers?PASS Las Anlmag Prohitstiur ol Mlrtl Cenlen, Cullivatim, ard Manulaclurers ADOPT€0. Leadvllle Regulatiu o( MMJ Center, Prditilion ol m-sile Cullivafim and Manulactr.res ADOPTED+ Llttjeton Regulation ol MMJ Centers, Protribilion on Cultivation and Manulactues ADOPTED+ Lochbuie Pmhititio.r of MlAl Centem. Cultivatim, and Manufaclurers ADOPTED. Log Lane Village Plr*tititio,t of MIAJ Centers. Cultivation, ard Manu{adurer ADOPTED REulalion d MlvdJ Centels, Cultivation, and lvlanulacturers ADOPTED+ Lona Tre:Shall Prohibil MMJ Centers. Culluation, and Manufdurem?PASS Longmont Prdrihlion ol MiAl Centes, Cultivatm. and Manulaclwers AOOPTEO. Loulsvllle E{enspn ol Moratooum lo 4E0rm11 ADOPIED Regulalion ol iililJ Cenlen. Cutlrvation, and Manufacturm ADOPTE0+ Regulation ol Homegrorvs. 12 planl max ADOPTED^ Loveland Shdl Allor },t[,lJ Cenlers, Culliratlm, and Manufacturers?FAIL (f) o (f)r oo)oo- Lyons Shdl Ptohibit MMJ Cenler, Cullivation, and Manufmlurqs?FAIL Mancos Regulatioo ol Ml,U Centes, Cultivatkn, and lrlanulacturers A0OPTED+ Mrnltou Spdngs Regulation ol iiMJ Ceflters, Cultivatkxt, and Manufacturers ADOPTED+ Mead Regulatioo ol [,{vU Cento]s, Cul[vatkxr, and Manulacturers A0OPTED Prohibilion ol MMJ Calem, Cdtivation, and Manuladurers ADOPTEO. Milliken Regulalicn d iiMJ Cenlers, Cullvatio. and Manulacturers ADOPTED+ Mintum Shdl Prohibit MMJ Centes, Cultivalion. and Manufaclurers? Prohihtioo ol MMJ Cenles, Culliualim, and Manufadurers FAIL ADOPTED. Mofht Regulalion ol MMJ Cmters, Cullivatim, and Manufacturers ADOPTED+ ilonte Vista Prchititioo ol MMJ Cenlen, Cullivation, and Manuladurers ADOPTED Montrosg Prohibrtion ol MMJ Centers, Cultivalion. and Manulaclurers ADOPTEE Mountaln Vlsw Regulalim of [tMl Cmlea, Cultivalio, and lylanulac.lurers ADOPTED+ Nededand Regulatim ol MMJ Centers, Cultivalim, and Manufacturers ADOPTED+ llewCmtle Prohibrtim ol MMJ Centers, Cultivalion, ard Manufadurers ADOPTE} Northglenn Regulaliot ol lr,{vlJ Cenlens, Cultivatigt, and l4anufrturers ADOPTE0+ I- Is I@oco'6 thoa -vt-o =oF ?6 ncdical ancl retailmariiuana tar lol rec center PASS Normod Prohibrtion ol MMJ Ceolers, Cultivalioo, ard Manutaclurers AOOPIE} lnitided prohibitior on Mlrtl Centem, Cullicatin, and Manrlaclurers FAIL Oak Creek * Cornmarcial regulatidls adopted by co{,nd adion A00PTED+ ^ Hornegrou regulathns a&0ted by coonql adjon lncrease amual licensing fee lo dispensaries lo $2,000. - Conmocial pohibilin adqtad by coomil adiur 13 lvtunicipal Actions & Elections Sunnary of Loo,al l,l ical Muijuana Adions thru Spttng 2016 Municlpallty Typeoflesue 2009 2010 2011 2012 m13 2014 20t5 2016 Olney Sprlngs Prohibtmn ol allmadjuana eslaUbhmenls AOOPTEO. 0rchad Og Prohibtion of MtvU Cenlers, Cultivalion, and Manu,acturers ADOPTET} Otls Shall Pohitil MMJ Centers, Cultoatioo, and Manulacturers?PASS AOOPTEO. lncrease laxes by 500,000 by occupation lax of $5 per LllrlJ lransaction?PASS Shall Pmtibat MMJ Centen, Cullivatim, and Manulaclures?FAIL ADOPTEt)+ Paonia FAIL Shall Altow Cultivation and Manulaclurers? shall therc be a tax? FAIL PASS Pad(er Pronrbilon d lvfl\lJ Centers, Uultvaltm, and Manulaclurers ADOPTED. PeeE PrchiHlion ol lvtrlJ Certers, Cultlvadoo, and Manufaclurers ADOPTED. Plerce Shall ProhiUl MMJ Cenlers, Culliyaton and Manufaturers?PASS Poocha Sprlngs Shallalhut MMJ Centem?FAIL Shall allow MMJ Manulaclurers?FAIL Shall allow MMJ Cullivaton Opoalions? Shall allow MlrtU Centem? FAIL Shall allow MlvlJ Manulaclurers? 5% sales lax? r(a o $ og) (u o- FAIL FAIL PASS Shall laxes be increased $500,000 by impcing 4.3?6 grcs tar or sale MltlJ paraphemalia p,oducts?PASS Ramah ShallPemit MMJ Cenlers, Cdtivalim. and Manuladwers? frul Red Oif Shall Profrlbit MMJ Cenlefs, Cultivaticn. and ManulrturersT FAIL Rlco tioahdun protritilirg al maiuana eslablishments until Januay 15.2015 AOOPTED. Rldgway Regula0on ol Mti,lJ Centers. Cullivatim, and Manufacturers ADOPTED+ Rifle REulatim ol MMJ Centers, Cullivatim, and Manufaclurers ADOpTED+ Amend Regulatioos ADOPTED Amend Regulatioos ADOPTED RoclYah Pdritilion ol MlvlJ Centea, Cultivalm, ard Manufaclurers ADOPTEI} Rocky Ford Regulahm ol MMj Centes, Cullvation, and Manufaclurers ADOPfED+ f- I$ I@o c .9aa 0) U) -Y o =oF Regulatim ol Mi,LJ dbpensades and grour operations and estaHishing a sales lax ADOPTED+ Commerdal pohibitim adogled by concil adim + Commercial regulafcrs adopled by counol adifil ADOPTED ^ Hanagrow regulalims adopted by nlnd aclion Sanlord Ptditition of MIAJ and R[tl Centers, Cultivation, a]d Sales 14 Municipal Actions & Elections Sunnary ol Local Med'ral Maijuana Adions lhu Sp(W 2016 llunlcipality Type oflssue 9rerldan Pmhitition of MiAJ Centers, Cuttrvalion. and Manufaclurers ADOPTED-glf Pmhihtroo ol MMJ Cenlers, Cultivalion, and Manufac,turers ADOPTED Ucon$ng and Zooiq Regulalions lu sale of MMJ ADOPTED+ Siilver Cllfl Prchibtioo ol h,l{tlJ Centers, Cutfuvalim. and Manulaclurers ShallTo*n rescind its curenl prohibition on rnedical ad relail madiuana businesses? ADOPTED- FAIL liihar Plumc Regutdip dual MMJ RMJ stor€s ADOPTED+ Sllvsrthome Regulation d MMJ dispercaies ADOPTE0+ South Fork ProhiUtion of ttlilJ Centers, Cuttivation, and Manufaclurers ADOPTE} Starkvllle Prohititior d n$, constmclion, alleralion, or use ol ary building, structure or property for lhe sde, distribulion or dispensing ol medicd m*iluana, or the operation ol the new lt ledical Marifuana Center, Cdtivatim, and Manufaclure. ADOPTED. Stratlon Pmhitritim ol MMJ Centem, Culliva[on, and Manulaclurers ADOPTE(} Steambort Springs FAIL Sugar Clty Shall Prohibil MMJ Centers, Cultivation, and Manulacluem?PASS Shalltaxes be incmed $100,000 by imposing 5% gross tax on sab M[,lJ paraphemala, pmducls?PASS CA rFo rr) oo)oo-Superlor Prohibition ot MMJ Ceolers, Cultivalioo, and Manuraclurers ADOPTED. Tellurlde Rqulaliur of MMJ dispensades ADOPTED+ Thomton Prohiiltin o{ MMJ Centers, Cullivatisr, and Manufaclurea ADOPTED Trinldad Prohit tiofl ol MMJ Cenlers, Cullivation, and Manufelurers ADOPTED Regulatim of MMJ Centec, Cultivalion, ard Manulaclwes ADOPTED+ Vall Prohitition d MMJ Ceoler, Cultivalisr, and Manulaclurers AOOPTE} Vlctor PohiUlion ol MlflJ Cenhr, Cullivalior, and Manulaclurers ADOPTED. Watoenburg Regulaliat of MMJ Centers, Cullivation, and Manulaclwer ADOPTED+ Welllngton Prohititioo of MMJ Centers, Cultivatim, and Manulacturss ADOPTED ADOPTED. Windsor Prohiht MMJ Centers, Cultivatioo, and ManulaclureE?FASS l{oodland Prr* Pmhitilhn d MllJ Centers, Cuttivdion, and Manulmlurels ADOPTED- Y.mp. Sha[ Ptohibit MtvU Center, Cullivatim, and Manrd*lurea? PASS Lmd Opl^Out Bafiol Queslions Resulls: Ptofiihil: AIlour 0 a 25 ? 0 q 3 z 0 1 3 2 12 3 0 g f- Is I@oc .9aaoa .Yt-o =oF TOIALS - Commonial p(ohMbn adopled by cooncjl adion + Cqnmercial regulat$s adopled by coundl adim r lhn4row rcgdatims adopted by council adion 200s 2010 20tl 2012 20'13 2014 2015 2016 15 Municipal Actions E Elections Summary ol Local Medicol Marijuana Aclans thru Sgrng 201 6 Nunlcipality Type of lssue 2009 2010 20t1 2012 2013 2014 2015 2010 Councl Aclim to Prohibil Commercid: Council Action lo Regulate Commercial: Cuncil Actiu lo Regulate l-krnegror: Tolab Tolab 0 CUMUI-ATIVE COUNOIL ACTION TOTALST {Commerual) Prohibil 72 Allol 52 TOTAL 124 (58.1% gotrit*tim rate) I 6 q 7 t5 t8 il & 37 27 45 19 1 65 5 0 0 0 0 5 2 I 1 1l 1 6 b I 12 0 0 I a 1 0 0 2 q 2 I(f) Ibl(ol;l*l I\lI+l5l@tolclolI.Dlalol@lxlol =lPl CI,MUI.ATIVE ETECTION TOTALS; PmhiHl43 Allow 10 TOTAL 53 (81.1% pmhihtion rale) . Conmarcid pohib{i:o adopled by council adioo r Commeroal regula!$s adopled by munci scton r Homegrcw rogdalims adopled by ounciladicr 16 Marijuana Tax Revenues + Note-This information is published on a monthly basis by the Colorado Department of Revenue. The latest full report is from April2077. The revenues shown below are only the jurisdiction's 75Yo share of the 10% state sales tax on recreational marijuana. That rate recently went up to LSoA across the state, but the revenues from the increased tax rate have not been released yet. t Severaljurisdictions also have additional local tax rates on rnarijuana in place, but the revenues from those taxes are not listed in the first table. The second table provides some examples of local tax rates and their revenues. Distributed to Local Jurisdictions April 2017 Local Jurisdiction 157o of Total CO Special Sales Tax Approximatc Annual Revenue Municipal Additional Spccial Tax Rate, if any Cit-v Antonito $6,226 $74.7 r2.00 Aspcn $ r8,997 $227,964.00 Aurora $ r50,886 $ I .8 10,632.00 Boulclcr $54.057 $648,684.00 3.57,, Breckcnridge s r8,658 $223,896.00 5.OVo Central City $2.900 $34.800.00 5.OVa Cortcz $20,384 $244.608.00 Crcstcd Buttc $1.785 $57,420.00 Dcnvcr $452.740 $5,432,880.00 3.5 to I57o Dillon $9,85 r s I 18.212.00 Durango $32.461 $389,556.00 Edgewatcr $48,5 r r $582. 132.00 Ft Collins $60.258 $723,096.00 Carden City $4 r,269 $495,228.00 Glendalc $26,971 $32-1.724.00 Clenwood Springs $7.799 $91,588.00 Cunnison $4,889 $58,668.00 5.OVc Idaho Springs $6,0 r 5 $72, 180.00 Nederland $2.536 $10,432.00 Northglenn $s0,844 $6 r0,128.00 Salida $6.356 s76.212.00 Telluridc $6.279 $75.348.00 Trinidad M9.660 $59s,920.00 Wheat Ridge $ r5,s34 $ 186,408.00 TC Work Session 08-14-17 Page 17 of 31 2.OVo 17 Adams County s29,4 t 2 $352.944,00 Bouldcr County $ 15.183 $ t 85.796.00 Eagle County $ 19,870 $238.440.00 Park Countv $3,878 $46,536.00 Pucblo County $48.351 $580.2 t2.00 Combined Cities and Counties thot Cunnot be Disclosed Combined Locul Governments l $208,353 $2,500,236.m Total {$1,4u,219 $17,090,62E.00 Counties lt is difficult to compare marijuana revenues as each jurisdiction has different rates in place, and some publish their revenues differently in their budget books. & Restrictions Moratorium on all new licenses. Zoni restrictions in ce. 1-Medical Marijuana License available; 2-Retail Testing Facility Licenses available; 2-Retail Product Licenses available Zon restrictions Jurisdiction Additional Tax Rate Approx, 2016 MJ Tax Revenue Total 2016 Sales Tax Revenue % of all 2016 sales tax revenue Colorado t1Yo s200,000,000 s19,118,8s9,000 t.OYo Aspen o%S356,426 S14,983,428 2.4% Breckenridge 1Yo 5s24,188 s19,118,859 2.7% Carbondale SYo s80,000 s544,130 74.7Yo Gunnison 5%S110,296 S4,352,049 2.s% Leadville 5% up to tlo/o Durango o%s325,000 StE,t6s,ooo 2.OYo TC Work Session 08-14-12 Page 18 of31 18 Fetall Mrrllueru T:rallon B.llot Qu6tlqlt - thru F.ll 2015 MunkiorlltY Bellat lansLele &!'EallLN tAtL 2013 Salar Tar Me:iures 2C: SHAIL lHE TOWN OF CAREONOALE S T&(ES 8e INCREASED 8Y 5394,875 lN THE FIRST FUtt FISOqL YEAR. BEGINNING IA'{UARY 1. 20T4, ANO 8Y SUCH AMOUNTS AS ARE RAISED ANNUALLY TfiEREAFTER, BY IMPOSIT{G AN ADOINONAT SATES TAX OF SX ON IHE SATE OF REfAIT MARUUANA ANO RSTAIT MARUUANA P8ODUCTs, AND AN EXCISE TAX OF 5'6 OF THE AVERAGE MAR(EI RATE OF UNPROCESsEO RETAIL MARUUANA ON THE OAIE THAT IT IS FIiST 5OI.O OR TRANSFEBREO FROM A BETAL MARIJUANA CULTNATION FACITITYTO A RETAT MARUUANASTORE OR R€TAII. MARIIUANA PRODUCTS MANUFACTURER, WITH THE RESULTING SATES OR EXCISE TAX RATES CAPA8T€ OF BEING LOWEREO OR REVOI(ED IN THE 50LE OISCREIION OF THE BOARD OF TRUSTEES OF THE IOWN OF CARBONOAIE, WITH ITIE RESUT]ING TAX REVENUES AUOWEO TO 8E COLUCTEO AiIO SPE}IT, NOTWTHSIANDING ANY OTHER UMITANONS PROVIDEg 8Y I.AW, ANO U5€O TO FUNO THE ENTORCEMENT OTREGUI.AIIONS ON TH€ RETAIL MARUUANA INOUSIRY, OI}IER COSTS RELATEO TO ENFORCEMENT OF MARUUANA IAWS, EOUCATION ANO PU8[IC HEATTH PROGRAMS NSOCIATED WITH MARI.lUANA CONSUMPTION, AND OIHER rOWN EXPENSES? PAsS, 1152.425 Referred Queitlon 2A "SHALL CITY TAXE! BE I',ICREASED 8Y 54.48 MILTION ANNUALTY IN THE FIRST fUlT TI5€AI YEAR AND 8Y StrcH AMOUNTS AS ARE RAIS€O ANNUAI-LY IHENEAFIER SY IMPOSING AN ADDITIONAT 5ALE5 TAX Of 3.5T ON IHE SALE OF RETAIL MARUUANA ANO RETAIL MARUUANA PROOUCTs, wlIH TH€ TN( REVENUES BEING USEO TO FUNO THE ENFORCEMENT OF REGUTATIONS ON THE BETAIL MARUUANA INDUSTRY, OIHER COfis BELATEO TO ENFORCEMENT OF MARUUANA I.AWS, EDUfANON AND PUBIIC HEALTH PROGRAIV6 ASsOCIATEOWITI{ MARUUANACONSUMPTION INCLUOING PREVENIION OF UNOERAGE CONSUMPTION, AND OTHER CITY EXPENSES, WTH THE RAIE OF THE TAI BEING AIIOWED IO BE INCREASEO OR DECREAS€O WITHOUT FURIHER VOTER APPROVAT SO tON6 AS IHE RATE OF TAXATION DO€S NOT EXCEEO 15X, AND wlTH THE RESUTNNG IAX R€V€NU€ SEING ALLOWTO IO S€ COI,TECTEO AND SPENT NOTWITH5TANOING ANY TIMITATIONS PROVIDED BY tAW?' PAss,59,6-3lli Raferred Mealure 2C SHALT TOWN OF IRASER IAXES BE INCR€AS€D 8Y STOO,OOO ANNUALLY IN THE FIRsT FULL FISCAL YEAR ANO 8Y SUCH AMOUNTs A5 ARE RAI5ED ANNUAttY THEREAFTER BY IMPOSING A REIAT MABI.,UANA TAX OF FIVE PERCENT {5XI ON THE SALE OF R€TAII- MARUUANA AND RETAIL MARUUANA PROOU6T' WHICH SHALL BE lN ADDITION TO THE MUNICIPAI SALES TAx ON SUCH SAIES; ANO SHALI Alt REVENUES DERIVED FROM SUCH TAX BE COLLECTEO AND SPENTTO PROMOTE IHE GENERAI. PURPOSES OT THE TOWN OF FRASER A5 A VOIER APP8OVED REVENUE CHANGE NOTWITHSTANOING ANY REVENUE ON IXPENOITURE TIMITAIIONS CONTATNEO IN ARTICI.I X, SECTION 20 OF THE COLORADO COI'TSIITUNON? PAsS, 219-85 Eallot lssue 2E sHAtt C|IY Of LtTTrEfOil TAIES 8E TNCREASEO By AN ESnMATEO 5120,trc0 tN 2014 (THE ftRST FUU FISCAT YEAR} AND WHATEVER AMOUNTS MAY gE COLLECIID IN FUTURE YEARS BY AI'OING A NEW CHAPTER Z] TO TITI! 3 OF THE CITY COD€ OF IHE OTY OF LITTLETON IO IMPOSE A TAX OF THREE PERCENT (3'.} OF THE PURCHASE PSICE PAIO OR CHARGED FOR SATES OF RETAIL MARI.IUANA ANO RITAIL MARIIUANA PROOUCIS IN THC CITY OF LITTLETON IN AOOITIOI'I TO THE SATES TAX ANO ANY OTHER STATE TAX IMPOSEO ON SUCH SAt€s OF REIAII MARUUANA ANO SETAIL MARI'UANA PROOUCTS? AND SHALL ALL REVENUE RECEIVEO FNOM sUC}I TAX INCSEASE ANO ANY INVESTMENT INTESIsT IHEREO'g 8E A VOIER APPROVED RRJEiIUE CHANGE UNOER ARTICTE X, $CflON 20 OF THE COTORADO CONSTITUIION OR ANY OTHER tAW? PASs, 63.8X.35.1% 2A. CITY OF MANITOU SPRINGS SHAU CITY OF MANTTOU 5PRIN65'fAXT5 BE INCREASEO BY ONE HUNOREO TTVENTY TWO NIOUSANO OOTIARs ISTz2,MO,M) AIVNUATTY IN ?HE FIRST FUIL FISCAL YEAR ANO BY SUCH AMOI'NTS AS ARE RAISEO ANNUAIIY I}IEREAFTER BY IMPOSING AN AODITIONAT SATIS TAX OF 5,6 OiI IHE SALE OF RETAII MARI,UANA ANO REIAT MARIIUANA PROOUCIS wlTH IHE RATE OF SUCH TN( 8E NG AILOWEO TO BE DTCREAS€O Of, INCREASEO WTHOUT FURTHER VOTER APPROVAT SO LONG AS THE RAIE OF THE TAX DOES NOT EXCEEO lo't, ANO WITH THE REST'LTING TAX RE'\r'€NUE EEING ALTOW€O TO 8€ COI.IECIEO ANO sPENT BY THE CIW WITHOUT SEGARO TO ANY EXPENOIIURE, REVENUERAISING, OR O'HTR UMIIATION CONTAINEO IN ARTICLE [ 9 20 OF THE COI.ORADO CONSTITUTION OR ANY OTHER IAW? PASS,56X-33X TC Work Session 08-14-17 Page 19 of 31 19 BAttoT rssrr€ No. 1 STIAIT TOWT{ OF MOUMTAIN VIEW IAXES BE INCREASED slOO,OM M ANNUATLY IN THE TIRST FISCA! YEAR AN9 SY WHATEVER ADOIITONAL AMOUNTS ARE RAISED ANNUAIIY IN EAC}I SUS$QUEMT YEAN BY THE IMPOsIIION Of A 5X TAX ON THE PURCHAS€ Of, SALE OF RETAIL MAEIIUANA AND RETAIT MARUUANA PROOUCIs, COMMENCIN6 ON JANUARY 1, 2014 THE PROC€EDS OF SUCH TAX TO SE USEO FOR POTICE PROIECTION, COSTS RELAT€O TO ENFORCEMENT OF MARUUANA [AWS, ANO REI.ATEO SERVIC€' AND 5TIAILTHE PROCEEOs OF SUCH TAX AND INVI TMEilT INCOME THEREON CONSTITUTE \6TER-APPROVEO REVENUE CHANGES ANO BE COUICTEO AND SPENT BY THE TOWT.I WITHQUTREGAR.D TO ANY €XPENDrTuRE, RwENUE-RAI9NG, OR OTHER UMTTAnON CONTATNED rN ARI|CtE X, I 20 OF THE COLORAOO CONSTIIUNON OR AT.IY OIHER IAW? PAS5,8S:14 SHAIL CITY OF NORTHGL€NN TAX€S BE INCREASIO BY FOUS HUNOREO FIFTY THOUSAND OOTIARS (s4Al,oml ANNUALLY tN IHE HRST FlSCAt YEAB, ANO 8Y SUCH AMOUNTS AS ARE RATSED ANNUATLY IHEREAFIER BY IMFOSING A NEW 9ALES TAX OF TWO PERCENT {2X} ON THE SALI OF RETAIL MABUUANA ANO MEDICAI. MARIIUANA AND REIAIT MARI'UANA ANO MEOICAT MAR!.'UANA PROOUCTS, WHICH SHAIT BE IN ADDITION TO THE MUNIOPAT SATES TAX ON SUCH SAIE5, ANO SHALT ALL REVENUES O€RIVEO Ff,OM SUCH TAX BE COTLECTED A','O SPENT TO BE USEO EXCTUSIVELY FOR THE CONSTRUCTION OF PUBI.IC FACITITIES, INCIUDING. BUT NOT LIMITEO TO, IH€ NORTHGLENN RECREATION CENI€R, TIIE NOfi]tIGLENN SENIOB CENTEA, ANO THE NORITIGT!NN TTIEATRE AS A VOTER APPROVED fiEVENUE CHANGE WIIHOUT BEGAAO TO AI{Y EXPENOITURE, REVENUE RAISING, OR O1HER UMITANOT.I CONTAINED IN ARIICLE X, 6 20 OT lHE COLORAOO CONSTIUNON OR ANY OTHES TAW? P455, 5791-1926 2G SHALT TOWN Of REo CUFF TAXES BE |NCR€ASEO SY S50,m0.00 lN THE FTSCAL Y€AR COMME'.|C|NG ANUARY 1. 2014 AND ENOING DECEMEER 3I, 2OI4 AND BY SUCH AMOUNTS AS MAY BE COLUCTED ANNUATIY IHEREAFIER 8Y THE IMPOSITION ON JANUARY T, 2OI4 OF A NEW SATES TAX ON THE RETAII SAtE OF MARIJUANA, MARUUANA PRODUCfS AND MARIIUANA ACCESSORIES BY TICENSEO MARUUANA ESTASLTSHMENTS AT A RAIE Or UP TO 5 PERCENT 1516l, ANO BV THE TMPOSTflON ON JANUARY l, 2014 OF A NEW €XCIS€ TAx ON rHE SALE OF MARUUAIIA BY A MARIIUANA CULTIVATTON fACILITY TO ANOTHEB LICENSED MASUUANA ESTABLISHMENT AT A RAIE OF UP TO 15 PERCENT (15T), wlTH SUOI ADDTTIONAL fiEVENUES AS ARE GENERATEO 8Y IHE NEW TAX TO BE COIUCTED. RETAINED AND SPENT FOR fH€ PURPOSE OF FUNDIN6 MUNICIPAT SERVICES ANO OPERATIONS ANO/Off OI}I€R IAWFUT GENERAL MUNICIPAT PI.IRPO5E5, AS A VOIER APPROVEO REV€NUE CHANGE, O'FsET AND EXCEPIION TO THE LIMITS WHICH WOUTO O1H€RWISE APPLY UNDER SECNON 20 OF ARTICU X OF THE COIORADO COiiSNTUTION OR ANY OTHER LAW? lErclcr Trr Mcarwcr BATTOT ISSUE NO. 24 RECREATIONAL MA8IJUANA TAX 5}IATI CITY OF EOULDEF TA"YEs 8E INCREASED 8Y (53,350,000 FIRST FULL FISCAI YEAR OOtl.AB INCREASE} ANNUATI,Y ANO 8Y SUCH AMOUNIS AS ARE RAISEO ANNUATLY THER€AFTER BY THE IMPOSIIION OF AI.I EXSSE TAX OF 5 PERCENT IN 1OI4 ANO UP TO IO PERCENT THEREAFIER ON TH€ CULTIVATION FACIUTY AI IH€ AVTRAG€ MARXET RAIE AT THE POIN' OF TRANSF€R FROM THE CUITIVATION FACILITY AND AN ADOITIONAL SALES ANO UsE T$( OF 3.5 PIiCENT IN 2014 ANO UP TO IO PERCET{T THEREAFTER ON RECR€AIIONAL MARUUANA AS PBOVIDED IN ORDINANCE NO, 7915 COMMENC NG IANUAfiY I, M14 WITH SUFFICIENT REV€NU€S FROM THE EXCIS€ AND SALEs ANO UsE TAX TO BE T,|SEO TOR PUBUC SAFETY, ENFOf,C€MENT ANO ADMINI'TRATIVE PURPOST5 ANO TOR COMPREHENSIVE SUSSTANCE AEUS€ PROGRAMS INCIU0ING WTHOUTUMITATION PREVENT,ON, TREATIyI€NT, EOUCATION, RESPONSIBL€ USE, INTERVENIION, AND MONITORING.WIIH Al{ [MPHASIS ON YOUlH,AND w'TH rHE REMAINDER USED BY fHE GENERAT FuNO; ANO lN CONNECT ON IHER€WTH, SHALI THE FUIL Pf,OCEEOS OF SUCH TAx€s AT SUCH NA?ES ANO ANY EANNINGS THER'ON gE COLTFCTFO NFYAINfO AND S9FNT Aq A VOTFR APPPOVFN PASS,18,46r.9.299 2C: SHALLTOWN OF BRECXENRIDGE TAX€S 8E INCR€NED BY SEvEN HUNoRED FIFTY IHOUSANO BOILARS {5750,0001 rN THE FrscAL YEAR COMMENCTNG.TANUARy 1, 2014 AND €NotN6 D€CEMEER 31. 2014, ANO 8Y W}TATEVER AOOIIIONAL AMOUI,ITS A8E RAISEO ANNUATLY TH€REAFTER, gY IMPOSING, EFFECTIVE ,ANUARY 1, 2014, A NEW EXCIsE TAX ON THE 5AI.T wlTHIN THE TOWN OF RETAIL MARIIUANA ANO RETAIL MARIJUANA PSODUCTS AS DEfINEO IN THE COLORAOO RETAIT MARIJUANA COO€ ANO APPIICABI€ TOWN ORDINANCES, AT THE NATE OF FIVE PERCENT I5TI OF THE PRICE PAIO 8Y THE PURCHNER OF IHE RETAIL MARUUANA ANO BETAIT MA8UUAT,IA PROgUCIs, IN ACCOROANCE WTH ORDINANCE NO. 29, SERIES 2013, WHICH 15 HEREBY APPROVEO, Al',0 SIIALL THE REVENUE RECE \rEO 8Y Il{E TOwN FROM lH€ COLUCNON OF SUCH NEW TAX BE USEO TO PAY 08 R€IMEURSE TT{E TOWN FOR DIRECT ANO INDIRECT COSTS INCURRED OR EXPENOEO BY THE TOWN TOR AO€QUATE TRAINING, ENFORCEME'{T, ANO ADMINISTRAIION OF ALt APPLICABI,E MARIJUANA LAWS AND REGUI.ATION' TO SUPPORT TOCAL ORUG AND ALCOHOL PEOGRAMS ANO FACITIT E5, AND FOR OTHER GENERAL PURPOSES OF THE TOWN, ANO SHArt TH€ TOWN BE AUI}IOfiIZED TO COUECT ANO SPENO SUCTI REVENUE A5 A VOTER APPSOVEO REVENUE CHANGE UNDCR ARTICLE X, SECTION 20 OT IHE COLORADO COI{S TUTOI.I ? PA5,5 73*-2796 TC Work Session 08-14-17 Page 20 of 31 PAS5,9l-27 20 24, SHAII- TOWN OF FRIsCO T&(ES BE INCREASEO BY TWO HUNDRED STVENTYTIVE II{OUSANO OOLTARS (527t00o1 tN THE FrscAr YEAR COMMENCTNG 'ANUARY t, 2il14 ANO €No|NG DEC€MSIR 31, 2014, ANO 8Y W}IATEVER ADDITIONAL AMOUNTS ARE RAISED ANNUALTY TII€REAFTER, gY IMPOS'NG A NgW EXCISE TAx, EfFECTTVE .|ANUARY r, 2014, ON rHE AUTHORIZ€O (UNDER SrATE rAWl REIATL SAt € wlTHrN TrlE IOWN OF MARIJTJANA IN ANY FORM, INCI.UOING 8UT NOT TIMITED TO, A MARUUANA Pf,OOUCT AS OEFINED SY STATE tAW, AT THE RAIE Of FIVE PERCENT IsX) Of IHE PRICE PAID 8Y THE ruRCHASER Of THE MARLjUAl{A lN ACCOROANCE WITH TOWN Ot FRIsCO ORO'NANCE t:1.-., ANO SHAIL THE TOWN 8E AUTH]RIZED 'O COLI.€CT AND SPCNO SUCH R€VENUE AS A VOITR APPSOVEO REVENUE CHANGT UNDES ARTICLE x. SECTION 20 OF THE COTOnAoO CONSTITUnON ? PASS,78r( 22y. 2F: SHAtt TOWN Of gwERTHORNE TAXES BE INCREASED gY Slm,m0.00 lN CATENDAR YEAR 2014 AND BY WHATEVER ADOI1IONAL AMOUNTS AR€ fiAISEO ANNUATLY IN EACH SUBSEQUET,JT YEAR, BY TTIE IMPOSITION OF AN EXSSE TAX ON THT sA'.E OF MARIJUAN,q AND MARIJUANA PROOUCTS (AS SUCH ARE AUIHORIZED 8Y STATE IAW, (WTH THE EXCEPTION OF MEDICAL MARUUA',IA AND PROOUCTS REI.ATED THERETO), COMMENCTNG JANUARY 1. 2014 AT THE RATE OF FlvE PERCENT (5*l OF THE PRICE PAD BY THE PURCHAS€R, WHICH TAX REVENUES SHALI. BE EXPENOEO FOR, 8UT NOT 8E IIMITEO TO . MENTAL HEATTH SUPPORT sERV.C€S WITHIN THE TOWN, AND . OUI ENFORCEMEfT I WTHIN THE TOWN, ANO sHAI,I THE TOWN BE P€RMITTED IO COtt€Cl, RETAIN AND SPEND THE BEVENU€S FROM SUCH TAJ(. INCtUOIN6 A'"1 INTEREST DERIVED IHEREFROM, WITHOUT iEGARD TO 'HE RTVENU€ RAISING, OEET UM:TATION OR OTHER iESTRICTIONS OF ARTICU X, SECIION 20 OF THE COTORADO CONSTITUTION? PASS, 72.18-27.9n Oc(ullllon Tlr ldetsuret 2F: SHATL THE TOWX OF EAGLE'S IAXES gE INCREASEo sY Sy),000 0O ANNUALLY IFIRSI FULL FISCAL YEAR INCR€AsEI AND 8Y WHATEVER AMO{JMTS ARE RAIS€O ANNUALTY THEREAFTER THROUGH THE IEVY OF AN OCCUPANON TAX UP TO S5.OO TOR EACH SALES TRANSACIION BY ANY RETAIL MARUUANA STORE, AilY RETAII MARI'UANA CULTIVATION TACITITY AND ANY RETAIL MARUUANA PROOUCT NIANUFASTURING TACITITY WITHIN I}IE TOWN OF EAGLE, EfF€CIIVE 'ANUARY 1, 2014, A'!D S+IAIL AU R€VENUES DERIVEO FROM SUCH OCCUPANON TN( gE COI.LECTED AND SPENT, AS A VOTER APPROVEO NEVENUE CHANG€, NOTwlTHSTANDIN6 ANY REV€NUE Ofi €XPENDITURE TIMITATIONS CONTAINEO IN ARNCLE X. SECNON ZO, OF IHE COLOf,AOO CONSTIIUNON, ARNCLE 1 Of IIITE 29, COTORADO REVIS€O STATUTES OR ANY OTHSR LAw? PAss, 1298 54:l sPRil{G 20r4 Sale:lax Mercures Ballot lrsue ll. Shall Cny lares be increased by lmposlnt a new rales tax of 5!6 ofi ,ale o, ietail arrl,uana & medlcal mariluanr and retail mariluani & medlaal manjsana groducts.PASS.40-4 RTFERR€O MSASURE A SHAIL THE TOWN OF S}LVEBTON's TA(Es 8E INCR€AsED BY 92O,MO ANNUATTY IN I}IE fIRST IULL FISCAT YEAR AND BY SI'CH AMOUNTS A5 ARE RAISEO ANNUAILY IHEREAFTER OY IMPOSING AN AOOITIONAL SATES TAX OF 1X ON TTIE SAIE OF RETAIT MARUUAXA ANO RETAIL MARUUANA PRODUCTS, WYH THE TAX REVENUES BEING USEO fO FUND THE ENFORCEMEIIT Of RE6UIATIONS ON IHE RETATL MARIIUANA INOUsTRY, OI}IER COSTS RETATED IO ENFORCEMENT OF MARUUANA IAWs, EOUCAION AND PUBLIC HEAIIH PR@RAMS ASSOCIATEO wlTH MARUUANA CONSUMPIION INCTUDING PREY€NTION OF UNOERAGE CONSUMPTION, ANO OTHER GENERAL PURPOSESOF THE TOWN, WTH THE RATE OFl}I€ TN( 8€IN6 ATTOWTO TO gE INCREASEO OR OECREASED WI1IOUT FURTHER VO1EN APPBOVAL SO LONG As THE RATE OF TAXANON OOES NOI O(C€EO I". ANO WITH THE 8€SUINN6 TA'( REVENUE BEING ALTOWED TO BE COLTECIED AI{O SPENT NOIWITHSIANOING A'{Y UMIIATIONS CONTAINEO WITHIN ASIICTE X, SECNON 20 Of ]T.I€ COTORADO CONSTTTUIION Oi ANY OIHER SP€NDING, REVENJE.RAISING, ON OTHER LIMIIANONS PROVIDEO BY TAW? PA55,348-64 TC Work Session 08-14-17 Page 21 of 31 f{i{l iltr*cfftHsRtitt in i:i rcl$ Tax Mrl$Jrrt 21 sHAtL THE TOWN OF DTLLON TAXES BE |NCREASEO By ONE HUNDf,ED THOUSANO DOLTARS 15100,000) tN 2Ol5 lFrRSr FUL| FTsCIL YEAR OF SUClr TA)( TNCREASEI. ANO BY WHATEVER AODTTTONAL A ^OUNTS ARE RAISED ANNUALLY THEREAFTEfi 8Y IMPOSING EFFECIIVE Ianuary 1, 2015, A N€W EXCIS€ TAX ON lrl the flrJt sale or transflr of unprore$ed ,etall marlluana by a retall marijuana cuhivatlon faclllty and (21 fH€ SAI,E wlltllN IHE TOWN OF RETAIL MARI.IUANA AN0 RETAIL MABUUANA PROOUCTs permltted by Artlcle )Mll, Seclion 16 of thE Colorado Constltution but not on th! ial€ of medical mar[uana pur$ant to Anlcle XUll, Section 14 ol lh. Coloredo Corutitutlon, AT THt RATE OF FIV€ PERCENT (whlch retr mey be adrurted from tlme to time by the Councll 50 lonS ar lt does not exce€d flv? percera, OF IHE PRICE PAIO BY fHE PURCHAsER OT THE RETAIL MARI'UANA AND REIAIL MARUUANA PROOUCTS IN ACCOROANCEWITH ANY ORDINANCES HER€AFTER APPSOVED BY IH€ COUNCIq AND SHATT ?HE REVENUE RECEIVEO BY THE TOWN FROM THE COTLECTION OF SUCH NEW TAX BE USEO TO PAY OR REIMEURSE IHE TOWN FOR DIRECT ANO INOIRECT COSTS INCURRED OR EXPENOED BY THE TOWN TOR ADEqUAIE T8AININ6, ENFORCEMENT, ANO ADMINISTRATION OF ALI APPI.ICABLE MARIJUANA TAWS AND REGUI.AIION5, TO SUPPORI TOCAI. DRUG ANO AICOHOL PRO6RAMS A'.IO FACITITIES. ANO FOR OIHER 6ENERAL PURPOSES Of THE TOWN, AND SHAIL THE TOWN BE AUTHORIZEO TO COIT€TT ANO SPEND SUCH REVENUE AS A VOTER APPROVED REVENUE CHANGE UNOER ARTICL€ X s€CNON 20 OF TH€ COTORADO CONSTITUTION? PASS, t15-34 Re'erred Isgue B: sHALI ITIE CITY OT FRUITA.S TAXES BE INCREAS€O 8Y SIOO.OOO ANNUALLY (FIRSI FUIL FISCAI. YEAR INCREAS€I. ANO EY WHATEVER AMOUNTS ARE RAIS€O ANNUATLY THEREAFTER, 8Y IMPOSING A MARIJUANA EXCISE TAX AT THg RATE OF 9'6 OT THE PRICE PAIO FO8 IHE PURCHNE OF RfiAII MARIJUANA, RETAI! MARUUANA PROOUCTS ANO RETAIL MARIJUANA ACCESSORIES WIfi SUCH REVENUE IO BE T.,5€O FOR ADOITIONAL COSTS INCURREO FOR ADEOUATI ENFORCEMENT OF BEGULAlIONS ON IHE RETAII MARI'UANA INDUSTRY, AND ADMINISTRATION OF RETAII MARUUANA REGUtANONS AND OIH€R GENERAT PURPOSES OF THE CITY; AfiD SHAIL ALL RE!fENUES OERIVEO FeOM SUCH TAx BE COLLECTEO ANO sPENT A5 A VOIER APPBOVED EEVENUE CHANGE, NOTWTHSIANDING ANY AEVENUE OR EXPENOITURE LIMITATIONS CONTAINED IN ARIICI.E X, SECTION 20, OF IH€ COTORADO CONSTITUTION? PAsS,1913 1425 sHA,T THE TOWN OF LARK5PUR, COTORAOO ENACT ORO|NANCE 7,85 TO ADOPT AN AOUTT USE MAiI'UANA EXCISE TN( Of 5i'ON THE PRICE PAID FOR RETAIT MAUUANA. R€TAIL MARUUANA PRODUCTS, ANO R€TAIL MARI]UANA ACC€s5ORIE5 IO COVER THE COST Of AOMINISTRATNE AND ENFORCEMENT OF REGUIATIONS ON IHE RETAI MARIJUANA INOUSTBY A5 AITOWED UNDER AMENOMENT 64 OF IHT COIONADO CONSIIrUTION? FAr[,23.75 SHAtlTHE TOWN OF SITV€RION IAXE5 BE INCREASED BY 550.0tr ANI{UATLY IN THE FIRST FUU FISCAL YEAS AND gY SUCH AMOUNTS A5 ARE R&SEO ANNUALLY TH€R€AMR BY IMPOSING A 396 WHOLTSALE EXCISE TAX ON AL! MARIJUANA WHOLESAIE TRANSACTIONS, WITH THE TAX R€V€NUES SEIN6 USED TO FUND THE ENFORCEMENT OF REGULAIIONS ON IHE RETAIL ANO MEDICAL MARiJUANA INDUSIRY, OTHER COSTS BTI-ATEO TO ENFORCEMENT O' MARUUANA I.AWS, EOUCANON ANO PUEUC HEALTH PROGRAMS ASSOCIATED WIIH MANIJUANA CONSUMPTON INCTUDING PR€VENTION OF UNOERAGE CONSUMPTloN, ANO OTHER 6ENERAI PURPOSES Of THE TOWN. WIII THE RATE OF THE TAX BEING ALLOWED IO 8E INCREASED OR DECREASID WIIIIOUT FURTHERVOTER APPROVAT 50 IONG AS THE RATE OF TAXATION DOES NOT EXCEED 3T, ANO WiTH THE RESULTING TAX REVENUE BEING ATLOWED IO BE COLTECIEO AND SPENT NOTwlIH'ANOING ANY LIMITATIONS CONTAINED WITHIN ARIICLE X, SECTON 20 OF THE COTORAOO CONSTITUTIOAI OR ANY OT}IER SPENDING, REVENUE.RAISING, OR OTHER !IMITATIONs PROVIOEO BY TAW? RET€RREO MEASURE B PASs,331-79 Occupttion far Mearurer - TC Work Session 08-14-17 Page 22 of 31 fn tl r, !h fi,)n 22 Pt6S,205.66 ISSU€ 1A sHAtt TowN oF SEDGW|CT rArES 8E TNCREASEO BY 5r,mO,(m.00 (F|R5T FUrt FISCA| YEAR INCREASEI AND ANNUATLY THEREAFIER IN SUCH AI!,IOUNTS As AfiE R€CTIVEO EACH YEAR FROM THE TEVY OF AN OCCUPATION TAX AT A RATE OF 55,OO PER 5ATE5 TRANsACTION gY ANY RETAIL MARUUANA STORE WT}IIN THE TOWN OF SEOGWICK, TO COMME,\ICE JU!Y T. 20T4. AND WTH AI.L BEVENUES DERNEO FROM SUCH TA)( T0 B€ COILECIEO, RETAINEo AND SPINT FOR ANY TAWFUL MUNICIPAL PURPOSE; ANo SHALT THE TOWN 8E PERMITIED fO COtI.TCT, RETAIN ANO EXPEND ALI REVENUE5 DERIVEO FROM 5T,,(H OCCUPATION TAX A5 A VOTER.APPROVEO REVENUE CHANGE ^NO AN EXCEPIION TO LIMITS WHICH WOULD OTHERW5E APPTY UNDER ARTICTE X SECIION ZO OF TT{E COLORAOO CONSTITUTION OR ANY OTHER I.AW? PASS.27-4 ISSUE ZA SHAIL TOWN OF SEOGWTCT rAXES 8E TNCREASEo 8Y 91,000,(m.@ (flRsr FULL f ISCAL Y8AR INCREASE, ANO ANNUATIY IHERIAFTER IN SIJCH AMOIJNTS A5 ARE RECEIVED EACH YEAR FROM THE UVY OF AN OCCUPATION TAX AT A RATE OF STM.OO PER SAII 08 TRANSTER Of UNPROCESSEO RETAIT MARIIUANA BY AI'IY RETAIL MARIJUANA CULTIVAIION FACII.ITY WTHIN T}IE TOWN OF SEDGWICX, TO COMMENCE JULY 1, 2014, ANO WTH A[[ RIVE}IUEs DERIVEO FROM SUCH TAX IO gE COLICTEO, RETAINED AND SPENT FOR ANY TAWFU! MUNIOPAI. PURPOSE, ANO SHALI THE TOWN 8E PERMITTED TO COIUCT. NETAIN ANO EXPENO ALI R€VENUE5 OERIVED FROM sT'CH OCCUPAIION TAX AS A VOTER.APPROVEO REVENU€ CHANGE AND AN EXCEPTION TO TIMITS WHICH WOUTO OIHERWEE APPLY UNDER ARNCT€ X SECNON 20 OF THE COLORAOO CONSTIUTION OR ANY OTHER tAW? PA55,26 5 trll rct4 I SHALL THT TOWN OF SASAIT. COLORAOO, ASNil THROUGH TT5 TOwl,I COUNCIT, SEGINNING ,ANUARY I. 2015, BE AUTHORIZED TO IMPOsE AN ADDIIiONAT MUNICIPAL SALES TAX OF 5'( ON THE SAMPIE 5AI.E5 OF RETAIL MARUUANA ANO MARUUANA PROOUCTS WTH ]}IE RESUIIN6 5ALE5 TAX RATE CAPAETE Of 8EIN6 LOWERED OR REVOKED IN TTIE s{'t'E OI5€REflON Of THE BNATTTOWN COUNCIL, wlTII THE RE5ULNN6 T$( REVENUEs TO BE COUECTED AIID SP€NT TO PAY OIRECT AND INOIRECT EXPENSES REIATEO TO THE UCENgN6 ANO REGUIATION OF THE RETAIL MARUUANA INOUsIRY, ENFORCEMENT OF MARUUANA [AWs IN 6ENERA[, €DUCJTION ANO ru&rc HEALTH PROGRAMS TO MITIGATE ANY NEGANVE CON5EqUENCE5 ASSOCIATEO WITH THE CONSI.IMPIION OT MARIJUANA ANO MARIIUANA PRODUCG, PROGNAMSTO PREVEMTTH€ IITEGAION€NSiON OF RETAIL MARIJUANA AND RETAIL MARUUANA PROOUCIS IO PERSONS UNOTR THE AG€ OT IWEilTYONE (21I, ANO IO OTHERWISE PAY THE EXPENSES OF OPIRATING AAIO IMPROVING THE TOWN AND ITS FACIL'Ii€S? P^SS.97G37S TC Work Session 08-14-17 Page 23 of 31 lUil!al}r !.:dtst: lalat i:r Matturet ,dt 23 31 sHAU THE CITY OF fEDERAL HEI6HTS'TAXES BE INCREASEO BY (S3OO,{MO} ANNUATLY BEGINNING IN 2015 (FIR5T FULL FISCAI. YEAR OF SUCH TAX INCREASEI ANO BY WHATEVER ADOINONAL AMOUNTS AR€ RAISEO ANNUAII-Y THER€AFTER 8Y IMFOSIN6. EFf€CTIVE 'ANUARY I, 2015, AN ADOITIONA! SAL€S IAX AT THE RATE OF FIVE PENCENT UPON THE SALE OF RETAIL MARUUANA ANO BETAT MARUUANA PROOUCTS wTHrN TlrE C|TY A5 IEGALIZED 8Y ARTTCLE Xvilr, 5ES0ON 15, OF THE COLORAOO CONSTTTUTTON (WH|CH RAIE MAY BE AD'UsTEO, FROM TIME TO TIMT 8Y OTY COUNCIL UPON THE SAIE OF RETAIL MARUUANA AND RETAIL MARUUANA PROOUST5 WITHOUT FURITIER VOTER APPROVAI. 5() IONG A5 SUCTI RATE OO€S NOT EXCEEO rEN PERC€rfil WrTH SUCH SALES TAX rO BE rN AOD|TToN TO rHE APPI'CAION Or rHE C|TYS SALES TAX ANO THE REVENUE RECEIVEO BY THE C|TY TROM THE COUECTION OF THE SATES TAX TO gE USIO TO PAY OR REIMBURSE TH€ CITY FOR DIEECI AND INOIRECT CO5T5 INCURREO OR EXPENDEO 8Y THE OTY REIATEO TO THE REGUTATIOI{ OF THE USE OF RETA'L MARUUANA ANO RETAIL MARIJUANA PAOOUCTs, TO SUPPORT LOCAI. DRUG EDUCANON PROGRAMS, PfiEVEMIION OF UNOERAG€ CONST.,MPTION OF RETAIL MARIJUANA AND RETAIT MARUUANA PRODUCTS, AND TOR OIHER GENERAT PTJRPOSES OF THE CITY, wllH THE REV€NU€ FROM SUCH T'"I ANO ANY EARNINGS F8OM THE INVESIMENT THEREOF TO BE COUECTEO ANO SPENT AS A VOTER APPROVED REVENU€ CHAN6€ UNDER ARICTE X, sEgroN 23 OF THE COLORAOO CONSTTTUflON? PAs!, 1175-1052 SHALL THE CrTy OF GUNNTSON IAXES 8E TNCREAS€O By S150,00O m ANNUATTY rN THE FIRST FUtt HSCAL YEAR AND EY WHATEVE8 AMOUNTS AR€ RAISED ANNUALIY IHEREAFTER IHROUGH THE IMPOSITION ANO A55€59vlENT OF AN AODITIONAL SALES TAX lN THE AMOUNT OF F,VE PERCENT (5x) ON Il{E SALE OF MEDICAf MARUUANA, MEOICAL MARIIUANA INFUSED PRODUCT9, RETAIT MARUUANA AND RETAIt MARUUANA PEODUCTS ANO AN EXCTSE TAX rN rHE AMOUNT Of frVE PERCENT (s!il OF rHE CASH VALUE OF THE TRANSACTION ON T}IE SAIE 8Y A BETAIL MARUUA,.IA CULIIVATION FACII.ITY OR RETAIT MABUUANA PROOU T5 MANUFACTURING FACILITY IO A LICENSED MARUUANA ESTABtISHMENT OUTSIOE I}IE CITY OF GUNNISON, AND SHATI AI.L REVENUES OERIVEO FROM SUCH TAX COLLECTED 8€ 5PENTTO DEFRAY CO5T5 INCUNREO IN REGULAIING THE MARIIUANA INOUSTRY, 'UNDING SOCIAI, RECREATIONAT. ANO EDUCATIONAI PROGRAMs WIIHIN THE COMMUIIITY A5 MAY BE OETERMINED 8Y THE CITY INCLUDING SUBSTANCE A8U5€ PREVENTION, EOUCATION ANO COUNSELING PROGRAMS, AND TO PROMOTE THE GENERAL PURPOSES OF THE CITY OF GUNNISON AS A VOTER APPROVEO REVENUE CHANG€ AND AN EXCEPNON TO THE RIVENUE ANO SP€NDING LIMITS OF ARTICLE X, 5€STION 20, OF THE COLORADO COT{STITUTION 7 PAsS,9?.1472 SHATT TOWN OF HOT S'JLPHUR SPRINGS TAXES 8E INCREASTO BY SSO.O()O ANNUAILY IN IHE FIRSI FISCAI YEAR COMMENCING JANUARY I, 2OI5 AND ENOING OECEMSER 3T, 2015, ANO 8Y WHATEVER ADOITIONAT AMOUNTS ARE RAISEO ANNUAI.LY IHEREAFTER, ANO ONLY IN THE EVENT IHATTHE TOWN SOARD OF TRUSTEES TAI(E5 ACTION TO PERMIT THE REIAII SAI."E Of MAf,UUANA ANO MARUUANA INFUSEO PSOOUCrS WIHIN f HE TOWT, BY IMPOSING, €FFECNVE 'ANUAfiY T, 20T5" A NEW SAI.ES TN( ON THE SAIE WITHIN IHE IOWN O' RETAIL MASIJUANA ANO RETAIL MARIJUANA PRODUSTS AS DEFINEO IN THE COIOSAOO REIAIL MARIJUANA COOE AND APPLICABIE TOWN ORDINANC€s, AT THE RATE OF IEN PERCENT (I(tr6I OF THE PBICE PAIO gY THE PI/RCHASER OF THE RETATI MAR}'UANA ANO f,EIAIL MARUUANA PROOUCI5, WHICH IS HENEEY APPROVED, WITH THE RAIE OF SUCH SATEs TAX BEING AUOWED TO BE OECREASEO OR INCBEAsEO WITHOUT FURTHER VOTER APPROVAL SO IONG PS ITIE RATE OT SUCH TN( DOES NOT EXCE€D ET? frr!, 1?' lJa SHAII. TOWN OF TYONS TAIES 8E INCFEASEO 8Y 995,0q' OO ANNUA|.LY IN TH€ FIRST FUL! FISCAL YEAR COMM:NCING 'AIIIUARY 1, 2OI5 AND ENOING DECEMBER 3T, 2015, ANO BY WHATEVER AODITIONAL AMOUNIS ARE 8A!SED ANNUAITY THER€AFTER, BY IMPOSING, EfF€CIIVE JANUANY T, 20T5, A N€W SATES TAX ON THE SAIE WITHIN IHITOIA'N OF FETAIL MARI'UANA AND R TEIL MASIJUANA PRODUCIS AS DCFINTO IN THE COLORAOO RETAIL MARUUANA COOE ANO APPUCASI,T TOWN OROINANCES. AT THE RATE OF ITIREE POINT FUE PERCENT I3.5X' OF THE PRICE PAIO BY THE PURCHASER Of THE REIAIT MARIJUANA ANO REIAII MARUUANA PRODUCTS. WHICH IS HERESY APPf,OV€0, ANO 5HAtT IHE REVENU€ RECEIVEO 8Y THE TOWN FROM IHE COLLECTIOII OF SUCH NEW TA'( BT USEO TO PAY OR REIMBURSE THE TOWN FOR DIR€CT AND INOINECI COSTS INCUSREO OR EXPENOED 8Y ITIE TOWN FOE ADEQUATE TRAININ6, €NFORC€MENT. ANO AOMINISIRATION OF ATT APPt}CABtf, MARUUANA IAWs AND REGUTATIONS, IO SUPTgNl 19661 9'U6 AND AICO}IOT PRO6RAMS AND FACILIT}ES, ANO FOR OTHER 6ENEMI. PURPOSES OF THE IOWN, WTH THE RATE OF SUCH SALES TAX BEINC ALTOWEO IO 8E OECREAS€O OR INCREASED WITHOI,,T FURTH€R VOTER APPROVA 50 I.ONG AS THE RATE OF SUCH TAX oOES NOT EXCEED 1Ot6; ANo SHATLTHE IOWN SE AUTHORTZEO TO COLTECT ANO SPEND SUCH REVENUE AS A VOTEf, APPROVEO R€VENUE CHANGE UNDER ARTICLE X, SECTON ZO OF lHE COTORADO CONSNTUTION ? Prss.5{r.lsa TC Work Session 08-14-17 Page 24 of 31 24 SHALI- gTY OF NORIHGTENN TAXES BE INCREASED BY FOUR HUNDRED FIFTV T}ICIU5ANO DOLIARS (S4sO.MO} ANNUATLY IN THE FIRST FISCAL Y€AR, AND BY S..'CH AMOUNTS AS ARE RAIsEO ANNUAITY TH8R€AFTER BY |MPOS|NG A NEW SALES TAX OF TwO PERCENT (2t) ON rHE SALE OF R€TAtr MAiUUAT,TA AND MEOICAI MARI]UANA, AND RTTAIT MARIJUANA ANO M€DICAL MARI'UANA PROOUCTS, WHIC}I SHALT 8E IN AODITION TO THE MUNICIPAL 5ALE5 TN( ON SUCH 5AIE5, AND SHALT Att REVENUES DERIVED FROM SUCH TAX gE COTUCTEO ANO SPENT TO 8€ USEO EXCLUSIV€IY fOR TH€ CONSTRUCNON OF PUBTIC FACIUTI€S, INCLUOING. BUT NOT UMIIEO TO, I}IE NORTH6TENN RECREAIION CENTEf,, THE NORTHGTTNN SENIOR CENITi, ANO THE NORTHGTENN THEATRE A5 A VOTER APPROVED SEVENUE CHANGE WiTHOUT REGARD ?O ANY EXPENOITURE, REVENUE RAISING, OR OTHER LIMITATION CONTA NEO IN ARNCLE X. g 20 Of THE COTORAOO CONSNTUNON OR ANY OTHER IAW? P453.6?91.1926 SHALI. CITY OT OURAY'S TAXES 8E INCREASEO 8Y FIFTY.THREE THOUSANO DOLTARS (Ss3,OOO,M} }N TH€ FIRST FULT FIS€AL YEAR ANO BY sUCH AMOUNTS A5 ARE RAISTO ANNUALLY TH€BEAFTER 8Y IMPOSING AN AODITIONAT SALES TAX OF 5X ON THE SAI,f OF REIAIL MARUUANA AND RETAIL MARUUANA PROOT, T5 WITH THE RAIE OF SUCH TAX 8EIN6 ALLOWED IO 8E DECREASED OR INCREASED WTHOUT FURT}IER VOTEN APPROYAL SO LONG AS THE RAT€ OF THE TAX OOES NOT EXC€EO lC'I, AND wlTH THE RESULTING TAX fiEVENUE BEING AITOWEO TO SE COUECTED ANO SPENT BY THE CITY WITHOUT REGARD TO ANY EXPENOITURE. REV€NUE.RAIsING, OR OTHER UMITATION CONTAINED IN ARNCLE X, 5 20 OF THE COTORADO CONSTITUNON OR ANY OTHER TAW? P455,59-!lt( SHALI. THE TOWN OF PAONIA TAXES BE INCRTASED 8Y SSO,OOO.OO IN ZO15 (TH€ FIR5I FUII TISCAL YEAR OF SUCH TAX INCSEAsE) ANO BY WHATEVER ADOIIIONAT AMOUNTS ARf RAISTD ANNUAI.I.Y THEREAFTER, BY IMPOSING, EF'ECIIVE IANUARY 1, 2015. A NEW TA)( ON 11) ftE f IRST SArE On TRANSFER OT UNPfiOC€SS€D RETAIL MARUUANA BY A RETAIL MARUUANA CULIVANON FACII.ITY ANO (2I THE SAr.E wlIHIN THE TOWN OF PAONIA BEIAIT MARIjUANA AND RETAIL MAR.]UANA PRODUCTS PERMITTED BY AR]IctE XVIII , slCflON 15 OF THE COTORADO CONSTTUTION AT IHE RATE OF FIVE PERCENI 15'6I OF IHE PRICE PAID 8Y THE PURCHAS€R OR TRANSFTREE OF THE RETAIT MARUUANA AND RETAIL MAf,IJUANA PRODUCTS, W]TH THE RATE Of EITHER OR BOTH TAXES 8€ING ALTOWID TO BE INCREASED OR OECREASED wlT}IOUT FUSIHER VOTER APPROVAL 50 LON6 A5 TllE RATE OF TAXANON DOES NOr O(CE8D TEN plRCENr (10t61, tN ACCOROANCE WTH ANy ORDTNANCES HEREAFTER APPROVED BY THE BOARo OF TRUSTEES OF THE IOWN OF PAONIA: PROVIDED THAT ANY SUCH TAX SHATL gE IMPOSEO ONLY IF RETAIL MASIJUANA ESTABLISHMEI{TS ARE PERMITTEO wlIHIN THE TOWN; ANO SIIAU IHE TOWN Bt AUIHORIZED TO COITEC' ANO SPENO sUCH REVENUE A5 A VOTEE REVENUE OIANGE UNOER ARNCLE X S€CIION ZO OF THE COi.ORADO CONSNIUTION? PAst aEt.2t6 iemrh 5HALLfH€ TOWN OF RArvlAH TAXES BE INCREASED 8Y 550,{rc0 ANNUALLY lN tHE tlEST FULL rECAI YEAR OF SUCH TAX I''ICR€ASE, AND 8Y WHATEVER ADDIIIONAT AMOUNTS ARg RAISEO ANiIUAUY THEREAFTTR, BY IMPOS NG A NEW TAX ON TH€ SALE WIIHIN lHE TOWN OF R€TAIL MARI.IUANA ANO RETAIT MARUUANA PROOUCTS PERMITTED BY ARTICLE )ryIII, sECNON T5 OF THE COTORADO CONST]IUTION AI THE RAIE OF FIVE PERCENT (5,6} OF THE PSIC€ PAID 8Y THE PURCHAS€R OR TRANSFEREE OF THE RETAIL MARUUANA AND RETAIT MARUUANA PRODUCIS, WITH II{E RAT€ OF THE TN( SEING ALTOWED TO BE INCREASEO OR OECREAS€O WITHOUT FURTHTR VOTER APPflOVAT SO I.OiIG As IHE RAII OF TA TloN OOES NOT EXCE€D IEN PERCENT (10,6), IN AICORDANCE WITH ANY OROINANC€S HEREAFIER APPROVEO BY THE BOAf,D OF TRUSTEES OF THE TOWN Of RAMAH, PROVIDED THAT ANY SUCH TAX SHAIL BE IMPOS€D OI.ILY IF RETAIL MASUUANA ESIASI.ISHMENTS ARE P€RMITTEO WIHIN THE TOWN; AND SHAIT THE IOWN 8E AUIHORIZED TO COLLECT AND SPEND 9UCH REVENUE A5 A VOTER APPROVEO REVENU€ CHANGE UNDER ARNCU X S€CTION ZO OF IHE COLORADO CONSTITUTIOil? Il8. t, tlr 5HAL! CIW OT TB|NIDAD TAXES 8E INCREASED BY STOO,OM.OO (FIRST f 6CAL YEAR DOLI.AS INCREASE} IN THE FI5CAL YEAR COMMENCING ]ANUARY T, 2OI5 AIIID ENOING DECEMEER 31, 2OI5 ANO 8Y SUCH AMOUNTS AS MAY gt COI.T€CIED ANNUATLY ITiIREAFTER BY THE IMPOSITION ON 'ANUARY 1, 2OTS OF A ilEW ICIES TAX ON THE RETAIL SAIE OF MAEUUANA MARI'UANA PROOUCIS ANO MARIJUANA ACCESSORTE5 8Y UCENSEO MARUUANA tSrABLrSHMENrS Ar A RATE OF FtVE PERCCr,rT {5r), WTH SUCH AOOITIONAL REVENUES A5 ARE GTNERATEO BY THE NEW TAJ( IO BE COTLECTEO, REIAINED AND SPENT FOR THE PURPOSE OF 'UNDING COfoIMUNITY DEVELOPMENT, PUgtIC SAFETY, YOUTH PROGRAMS, MUNICIPAL SERVICES ANO OPERAIIONS AND/OR ON.IER TAWFUL GTNERAL MUNICIFAL PURPO5E5, A5 A VOIER APPROVEO REVENUE CHANGE, OFISET AND EXCEPNON IO ]}IE IIMITS WHICH WOULO OTHERWISE APPLY UNOER S€CIION 20 OF ARNCLE X OF IT{E COIORADO CONSTITUNON OR ANY OTHER I,AW? P455, 64t(-!5X ErcBe Tax Me:iur€r TC Work Session 08-14-17 Page 25 of 31 25 PASS, S3621.r212{ SHAL AUROfiA'S TAXES BE INCREASEO SY S2.4OO,OOO ANNUALLY IN THE fIRST FUIL fISCAI YEAR OF SUCH INCBEASE AND 8Y WHATEVER ADDITIONAL AMOUNTS ARE 8AI5EO ANNUALLY THEREAFIER FiOM THE IMPOS|TION OI A s,OX EXCISE TN( ON THE AVERAGE MARI(ET RATE OF UNPSOCESSEO RETAIL MARIJUANA THAT 15 SOID OR IRANSFERRED FROM A RETAIT MARI.'UANA CULTIVATION FACII,ITY AND AN ADOIIIONAL 2,OX SALES AND UsE TAX ON TIIE sALE ANO U5E OF BETAIL MARIJUANA AND RETAIL MANUUANA PROOUCTS, WITH THE RATE OF SUCH SAI.ES AND UsE TA,\ BEING ALLOWEO IO BE INCREASED OR DECRETSEO WITHOUT FURTHER VOTER APPROVAI SO I.ONG AS THE RAT€ OF TAXATION OOES NOT EXC€EO 1$6, AND SHALI IHE R€VENUEs FROM SUCH TN(ES 8E COLI€SIEO, RfiAINED. ANO SPENT AS A VOTER.APPROVEO REVENUE CHANGE ANO AN EXC€FTION TO THE LTMITS WHICH WOULD OTITEBWISE APPLY UNOER ARTICLE X, SECNON 20 OF THE COLORAOO CONSTITUIION, SE TION 1I.27 OF THE AURORA CHAETR. OR ANY OTHER IAW WHICH PURPORTS TO LIMIT AURORA'S REVENU€S OR EXPENDITURES? STIATL THE CIW OF CAIION CITY IAXES BE INCREASEO BY STOO,OOO ANNUALLY IN THE FIRST FUU TISCAL YEAR OF SUCH TA)( INCREASE. AND SY WHATEVER ADOITIONAL AMOTJNTS ARE RAISED ANNUATLY THEREAFTER, BY IMPOSING A NEW EXCISE TAX ON 11} THE FIRS' SAII OR TRANSFER OF UNPROCESSEO RETA'L MARIJUANA BY A REIAIL MARUUANA CULTIVAIION fACITITY ANO I2) THE SALE wlIHIN IHE CITY OF RETAL MARIJUANA ANO REIAIL MARUUANA PRODUCG PERMITIED BY ARTICLE XVIII, SECTION 15 Of TH€ COLORADO CONSNTUNON AT THE RAIE OF FIVE PERCENT (5'TI I WHICH RATE MAY BE AOJUSTED FSOM T|ME TO TIME By rHE COUNCTT SO LONG AS rr OO€S NOT EXC€ED rEN pERcENt (10r(l I OF IH€ PRICE PAIO BY IHE PUf,CHAsER OR TRANSfEREE OF TtE RETAIL MAiUUANA ANO RETAIL MARIJUANA PRODUCTS IN ACCORDANCE WITH ANY ORDINANCES HEREAFTER APPROVED 8Y THE COUNCIL OF CAftON OTY; PROVIDED THAT ANY SUCH TAX SHAtt BE IMpOSED ONIY lf fiETAIL MARI,IUANA ESTABLISHMENTS ARE PERMI.TCO WIIHIN THE CITY, AND SHALT THE REVENUE RECEIVEO SY THE CIry FROM THE COLTECTION OF SUCH NEW TAX 8E UsED 8Y THE CIW TO MAiNTAIN, REPAIR ANO STCONSTRUCT PUSLIC 5T8EET5 WTHIN THE CITY, AND s}IALL IHE CIW gE AUTHONIZED TO COLLECT ANO sPENO SUCH REVENUE AS A VOTER APPBOVED REVENUE CHANGE UNO€R ARTICLE X SECTION 20 OF THE COTONADO CONSTITUTION? PA55, !tor.:257 SHAIL THE IOWN OF OE EEQUE'S TAXES BE INCREASEO BY S3@.O()(}.OO IN CATENDAR YEAR 2OI5, AND BY WHATEVER ADDITIONAI AMOUNTS ARE RAISEO AT,INUAttY IN EACH SUBSEQUENT CALENDAR YEAR, BY IHE IMPOSITION OF AN €XCIsE TAX ON THE SALE OF R€TAIL MARIJUANA ANO REIAII MARI]U^NA PRODUCTS AS SUCH ARE AUTHORIzEO BY STATE IAW ANO BY THE TOWN OF DE BEqUE, COMMENONG ,ANUARY 1, 2015, AT THE RATE OF FIVE PERCENT (9X) OF IHE PURCHAS€ PffICE PAIO 8Y EACH PURCHASER OF RETA'L MARUUANA AND RETAIL MARUUANA PROOUCTS WTTHIN THE TOWN, WHEIHER fROM THE SAIE OR TRANSFER OT UNPROC€SSEO RSTAIL MARI.,UANA gY A RETAIL MARIJUANA CUI.TIVATION FACITITY ANO/OR FROM 1}IE SATE Of REIAIT MABIIUANA BY A RETA!t MAfiIJUANA STORE, ANO SHAIL AtL SUCH TAX REVE'{UEs 8E COILESIED, RETAINEO ANO SPENT As A VOIER APPROVEO REYENUE CHANGE UNDER A8?ICLE X, SECTION 20 Of THE COLORAOO CONSTITUTION, NOT WITHSTANDING ANY SEVENUE OR EXPENOITURE UMITATIONS CONTAINEO IN THE COLOSADO CONSTITUTION OR OTHER APPI,ICAELE TAW? ,t t. tI{ StIAtT TOWN OF HOT SUI.PHUR SPRINGS TAXES 8E INCfiEASEO BY 35O,MO ANNUALLY IN THE fIRST TISCAT YEAR COMM€NCING JANUAEY 1,2015, AND ENDING OECEMEER 31.2015, ANO 8Y W}I,AIEVER AOOITIONAL AMOUNTS ARE RAISIO ANNUAUY THEREAFT€& AND ONTY IN IHE EVENT THAT THE TOWN BOARO OF TRUSI€ES TAI(ES ACNON TO P€RMITTHE OPERATION Of N€TAIL MARIJUANA CULTIVATION FACILrIITS WITHIN THE TOWN, SY IMPOSING, EfFECTIVE JANUARY T, 2015, A NEW EXCISE TO( OF TOXTO BE PAID TO 'HE IOWN WHEN UNPROCESSED R€TAIL MARI.,UANA IS FIRST SOLD OR TRANSF€RREO BY A RETAIL MARUUAflA CUI.TIVAIION FACILITY, WTH THE RATE OF SUCH EXCIsE TAX EEING ALLOWEO TO BE D€CREASED Oi INCREASED WfTHOUT FUSTHER VOTER APPiOVAL 5(] LONG A5 IHE RATE OF SUCH TAX DO€SNOTSXCEEO r5r? lArL l7tt52 TC Work Session 08-14-17 Page 26 of 31 Ci{ron (rti ' Jl 't ,,r *fq.uf 26 SHALL THE CITY OF |-AFAYEIE TA(Es 8E TNCREASED SY s240,00O ANNUALLY BEGINNTNG tN 2015 (F|R5T FULI. FISCA! YEAB OF SUEH TAX INCREASE} AND BY WHAIIV€R ADDITIONAL AMOUNIS ARE RAIsEO ANNUAI,IY THTREAFIIR 8Y IMPO5IN6, EFTECnVE 'ANUARY 1. 2015, A NEW EXCISE TAX UPON ITIE FIRST SALE OR TRANSFER OF UNPf,OCESSEO RETAIT MA8IIUANA BY A RETAIL MARI]UANA CULTIVAYION FACIUW WITHIN THE CIlY ANO UPON THE SALE OR TMNSFER OF RETAIL MARUUANA AND RETAIL MARI]UANA PROOUCTS wlIHIN THE OTY, ALt AS LEGAUZ€O gY ARTICLE XVIII. SECTION 16 OT TH€ COLORADO CONMTUTION, AT THE RAIE OT f IVE PERC€NT {WHICH RATE MAY 8E AOJUSTEO FROM NME TO TIME 8Y THE CITY COUNCIL ON SIIHTR THE FIRST SAI€ OR TRANSFER OF UNPROC€sSEO RETAII. MARUUANA 8Y A RETAIL MARI'UANA CULTIVATION FACIUTY OR UPON THE SATE OR TRANSFER OF RETAIT MARUUANA ANO RETAIL MARI'UANA PRODUCTS OR UPON EOTH SUCH SAI.ES OR TRAN5F€RS WTHOUT FURTHER VOT€R AppRovAL 50 LONG AS SUCH RATE OOES NOT E(CEED TEN PERC€NTI, WTH sUCH EXCTSE TAX TO BE tN ADOITION TO ITIE APPLI€ATION OF THE CTTY'S SALES T&\, ANO THE REVENUE RECEIVEO BY THE CITY FROM THE COTL€CTION OF THE O(CIsE TAX TO BE UsED TO PAY OR BEIMSURSE THE CITY FOR DIRECT ANO INOIRECI COsTS INCURRED OR EXPENDEO EYTHE CITY REI.ATED TO THE REGUTATION OF THE UsE OF RETAIL MARIJUANA ANORETAIL MARIIUANA PROOUCTS, TO SUPPORT LOCAL DRUG EOUCANON PROGRAMS, PiEVENT UIIOERAGE CONSUMPIION OF R€TAt MARI'UANA AND RETAIL MARUUANA PROOUCTS, ANO FOR OTHER GENERAT PURPOSES OF THE CITY. AND wlTH THE REVENUE FROM SUCH TAX ANO ANY EARNINGS FROM THE INVESTM€NT THEEEOF TO 8E COLIESIEO AND SPENT A5 A VOTER APPRCryED REVENUE CHANGE UNOER AfrTICTE X SECTION 20 OF THE COTORADO CONSTMJNON? PA!S.48!&17{l SHAITTHE CITY OF PUSEIO'S TAXES 8E INCREAS€O 8Y 9 985.249 AT.INUALLY (FIRST FULL FISCAI YEAR INCREAS€) B€6INN NG ]ANUARY I, 2015 AND BY WHATEV€R AMOUNTS ARE RAISEO ANNUALLY TH€8EAFTER, IHROUGH THE ADOPION OF OfiDINANCE NO, 8794 IMN)SING AN EXCISE TAX Of 8,0 X WHEN UilPROCEsSED RETAIL MARI'UANA '5 FIBST SOTD OR TRANSFERRED 8Y A BETAIT MARUUANA CULTIVATION FACIUTY AND BY IMFOSING AII AOOITIONAT 5AI.E5 TAX OF 4,3 t6 ON IHE SALE OF SETAII MARUUANA ANO RETAI! MARUUAIA PRODUCTS WrrH THE RATE OF EITHER OR BOTH TA)(ES BEING AI.LOWED TO 8E OECREASEO OR INCREAS€D WTTHOUT FURIHER VOTER APPROVAi- 5() TONG A5 THE RATE OF EITHER TN( DOEs NOT TXCEED 15.O X AND SHAtt AtL REVENUES DERIVED FROM SUCH TAXES 8E COIIECIED, R€TAINEO ANO SPENT, NOTW|IHSTANDING ANY LIMlrATONs Pf,OVIOED 6Y TAW, AS A VOTER APPROVED R€VENUE CHAN6E AND AN EXCEPTION TO THE LIMITS WHICH WOUTD OTHERWSE APPLY PURST'ANT TO ASTICIE X, SECNON 20 OF THE COIORAOO CONSNTUTION OR A'.IY OTHER LAW ANO ATLOWING SUCH REVENUE TO BE EXPENOED A5 THE C'TY COUNC ! 5HALI OEIERMINE? ,a t. 32 tta SHOULO THE CITY OF RIFIE,S TAXES BE INCR€ASEO BY S25C.(x,0, BEGINNING JANUARY T, 20T5, AND BY SUCH AMOUNTS THAI ARE RAIsEO ANNUATTY THEREAFTCR. BY IMPOSING AX EXCISE TAX IN TH€ AMOUNT OF 59t OF THE MARTET RATE OF RETAIL MARUUANA,UPON THE SAIE OR TRANSFER OF RETAIL MARI;UA'{A FROM A RETAIT MARUUANA CUTTIVATION FACILITY wlTHIN THE CITY OF R!FLE TO A REIAIL MABI.,UANA PRODUCT MANUFACIURING FACIUry, A RSTAIL MARIJUANA STORE, ANOTHER SETAII MARUUANA CULTIVANOil FACIUTY OR ANY OIHER PURC}IASER OR IRANSFERE€, W THIN OR WITHOUT ]IIE CIW OF RIFLE; WTH THE MARfgT EATE OF MABITUANA IO EQUAL lN ArW EVENT.THE AVERAG€ MARKET RATE FOR RETAIL MASUUANAUIIDER C.R 5.9 39-28.8-t0r, AS THAT COO€ SECIION MAY 8E AMENDE0; WITH THE BESULNNG IAX RIVE'IIUE5 TO 8E CO[IECTEO BY THE CITY AS A VOTER APPROVED REVENUE CHANGE, NOTWTHSTA'{OIN6 ANY APPI.ICAEIE REVENUE OR EXPENOIIURE LIMITATION IMPOSED BY ARIICTE X, sECnoN Z0 0F IlrE cotoRAoo coNsflTu'loN oR ANY oTHEn uw? PASS,1,191.8.49 SHALT THE TOWN Of SITVER PLUMES TAXES BE INCREASED BEGINNING IN CATENOAS YEAS ZOI5, BY IMFOSINCi A NEW EXCISE TAX EFFECNV€ 'ANUfiA8Y T, 2O!5, ON THE SALE WITTIIN THE TOWN OF RSIAIL MARIJUAIIA ANO RETATL MARUUA'{A PROOUCTS A5 st'CH A8E AUTHORIZEO BY STATE IAW, AT TTIE RATE OF FOUR PERCENT OF THE PRICE PAIO BY THE PURCHAS€R OF THE RETAIT MARUUANA ANO RETAIT MARUUA'{A PRODUCTs, WTH THE RATE OF TAX 8EIN6 ATLOWEO IO 8E INCREAsEO OR DECREASED W|IHOUT FURTHER VOIER APPROVAT SO tONG ASTHE RAIT OF TA)(ANON OOES NOT EXCEEO 8'( AND ITIE RISUI.TING TN( R€VENUE BEIN6 ALI.OWEO TO BE CO.LESI€O AIID s?ENT NOTWITH'TANOING ANY LIMITATIONS PROVIDEO 8Y TAW? Pr3!. t9.' lOcculrllon far Hce:ures TC Work Session 08-14-17 Page 27 of31 27 sHALT TH€ TOWN OF EMPIRE.S TAX REVENUE 8E INCREASEO 8Y AN ESIIMATED SIMO ANNUALY (FIRST FULL FISCAL YEAR INCR€AS€I AN'D 8Y WHATEVER AMOUNIS AR€ RAISEO ANNUAIY ITIEREAFTTR THROUGH THE |.EVY Of AN OCCUPAnON rAr( UPrO s5.00 FOR EACH WHOLESALE TBANSACnON INON- M€OICAL) Of MARUUANA OR MARIJUANA PROOUCTS BY ANY AOULl US€ MARUUANA CENT€R, MARI,'UANA CULTIVAIION FAOLIIY ANO MARUUANA PROOUCT MANUFACIURING FACITITY WITHIN THE IOWN OF €MPIRE. EFFECflVE JANUARY l, 2015; ANO SHALL AtL R€VENUE OERIVED FROM SUCH OCCUPAIION TAX BE COU.ECTED AND SPE}IT, AS A VOTEfl APPROVED REVENUE CHANGE. NOTWTTISTANDING AIIY REVENUE OR EXPENDIIURE I}MITATIONS COI{TAINED IN ARTICTE X, SECTION 20, OT THE COTORAOO CONSTITUIION, ARNCLE 1 OF TITI,E 29, COLORAOO FEVISEO STATU'Es OR ANY OTHER I,AW? Pr$. !0,!t .SHATL THE 'OWN OF PAISAOE'S TAXES BE INCREAS€D 8Y '2M,0@.OO ANNUATLY (FIRST TUtT FIsCAt YEAR INCREASE} ANO BY WHATEVER AMOUNTS ARE RAIS€O ANNUALIY THER€AfTER IHROU6H THE LEVY OF AN OCCUPAIION TAX IN THE AMOUNT OF 55.00 fOR SACH SATES TMNSACIION THAT IS TESS THAN 51M.OO, IN THE AMOUNT OF STO OO FOR EACH SATES TRANSASIION IHAT 15 51OO.OO ON OVER BUl TESS rHAN SsOO.M. A'.,IO IN THE AMOUNT OF S25,OO FON EACH SALES TRANSACTION THAT IS 55M,OO OR OVER ,NVOLVING THE SA'.E OR PURCHAsE OF RETAI! MARI'UANA, RETAIT MARUUANA PSOOUCTs OR RSTAII IUARIJUANA ACCESSOR.ES BY ANY BEIAII MA8I.'UAI,IA STORE, ANY RETATL MARUUANA CULTIVATION FAOLITY AND ANY RETAIT MARUUANA PRODUCT MANUFACIUR NG FACIUTY WTHIN THE TOWN OF PALISADE, EFFECTiVE ,ANUARY 1, 2015; AND SllALL Atl REvENUES OERIvED FROM SUCH OCCUPATION TAX 8E COTLECTEO ANO sPENT, AS A VOTER APPROVED REVENUE CHANGE, NOTWITHSTANDING AI,IY REVENUE OR EXPENDITUf,E I,IMITATIONS CONTAINEO IN ARTICLE X, s€CIION 20, OF IHE COIORAOO CONSTITUIION, ARNCLE 1 OF TITU 29, COLORADO REVIS€O STATUTES OR ANY OTHER I.AW? PASs,6040't Sorlnr 2015 There were no marituana tax balJot actiong in sorinc 2015 electiong Fall 2015 I!!UE NO tg{At!THECITY Of COMMERCEON TAXES 8E INCT€ASED IY O'{E HUNDEEDTHOUSAND OOIIAN! Iil THE FIICAL YEAN coMMENOi{G IANUARY 1, 2016, A|lO Eilttt{G D€CEMEEr !1, 20t6, AND 8V WT{AIEWn A00llrOLAt AMOUM'S AIE iAr3€D A}iNUTUY THEiEIFTER EYlHE IMPOSIIION OI AI.I EXIISEIAXOil IHE SAII Of MANIIUANA AND MAAIruANA'NODUCIs AS SUCH ANE AI.I'HOTI:ED 8Y 'TATE IAW COMMET{OI{6JAIIUAIY I, 2016AITHE iAIEOF FIVT PERCENI Of IHE IiICE PAD 'VTHEPUiCHASER, Ill ACCOf,DATICE wllH OIYOnDINANCE 2050; Ar.l0 SHAL!TrlE OTY B€AUIHOllz€0tOCOLllcT^NDSPEND5UcH RFVENUE ^S AVO'TI A?PROVEO ftEVENUE CHANGE UNOER AiNctE X, S€CIION 20Of T}IE COIORAOO CONS'I'UIION? P.!! 53-37X lB M.y th! CtW t6d Comryol Ocffit.ataln sd !p.rd.ll 2C:.l r.v!M! dlrivad |rm tlia rpc(C r.[ll rorllum xlt! tlr a! xitindy algrgvrd ty lhe rctlrr stl4nbCr 5, 201,, r^d @nthuc tglh99!G rad.ollcct thr lrr p dia fid crmt ?.rmntd by P.!r E l.l9ta IHALLnTE Towlt OFGEOAGE OWNTATES TETICnEASEO 8Y $oO,mO N 2016 lSRSr FUtt ftlCArYEAI Or IUCH TAX FrCn€AlEl, t'ID BY WHATEVEf, AI'OITIONAI AMOUT{I5ARE TAISTDANI{UAIIY THERTAfiM AY IMPOIING, EF'ECIIVE,lAI{UARY 1,2016, A IEW OCCUPAI}Aft IAI ON IH€ OCTUPA1ION Of IETUT'G WIIHINIHETOWN REIAII. ANO WHOI.€5ALE MAiIJUANA AtiO iEIAIt AilD WHOL€SAEMAilrUAI|A PnOOUC'S PEiMTITED ey AnlrCrt xvu,3€Clror{ 15 0t t}rt COTORAoo COrEtlUlrON,5UCXrax IO B€ tMPOSEo Ar A MAxMUM talE Of frvE oOr,tAiS PEi SrlrGLE RErArr Oi WHOIESaLE lnAlrsrgltor{ wllHlli IHEIOWN lwH o{ rAr MAY EEAOIUSTIO mOM nME TO ttME 8Y tHE BOARo OF SE[ECrME8 U/rrot.t rtjirHEl EUqnONS 50IONC 15 lt DoEsHol ErcEEDfrvE 0orlr85 PER IMNSTCI|ON) rN ACCORoAfiCE wlTH ANY OlDrNA|,CES HERCAfIEi ADOT'ED BY rlE BO^ND Of sET!CIME'I, ANO ' TU THT ?ROCEEDt OT ^NY 3UOI TAXES AIIO TNVESIiITNT ,tiCOME THENEOH 8€ COII.ICIED ANO IPENT EY THEIOWN A5 A VOIEi.TPPROWO NEWNLE CH^NGA wlIHOUT 8EGAND IO I'{I SPENAilG, iTVE'IUE.IAI5ING, OT cr]i€R t t0T llotl coNr tflEo wl?Htil AntrclE x. sEclrcN 20 0l'txE cc,oRAoo ioNsrrl(mox antrctE t oF ntlE 29, EOTOTADC NEVIgCD STAIUIES, OR A'IY OfiEN [AW? P.rt 5z*ltx RE IiSTDUM 20 g{AtL THE TOWN OF I{ATOEN'S IA*5 8€ TXCRE StO gy Or{E HullotED follY lBnft IHOUsAtro ftl/€ riuNDtEo oort^Rs aND No cENrs 13t4.tjool ;fi arscAt yElR lc:6 (lnfi tuu nsc^LYarR DoulR rNciEAt€l aNo Bf $,fiAIEV€F EDOIIIOX^IAMOUNT5^f,f RAISEO ANIJUALI.Y TBINCAFITE IHIOUGH ]HE IMPOSINON OFAN EIOSE IAT N INE AMOUM OF SEVEII AND o.'rE.HAIF ?EnCENr (7.510 rN lilt6 ^HD UP tO lrFtElN peBCENr (UXl THEntAFTEn Oil rHE tAl.f Ot rnril5tm of MATUU^N^ IBOTH MtDrC r Ar{0 nfiarl 8y A MAfirUrN^ cUrTrvATloN fAoUTY AT THt AynAGE MAR(EI fiATE ATIHE POlt{? Ot SAI-E On In$IStER ttOMIHE CuttlVA'IOt{ tAOl.tY. COMM€'{ONG ON |ANUIIY I, 2016: rr{0lN coirHEcnoN Txma,vrlH, 3HAu fHE FUU rtocctos 0f 3uo.r tAx At s{ror tAtE AND ANy EAailr65 tHEtEoN 3€ coutctEo, iEIAI}rtD, AilO iPIN', ^s AVO'EN.APPTOT'TO NEVENUE O{AI|6E WTHOW UMlIArlON OR CONDMON, AND wl'HOUT UMIIING THECOITICTION, Fg'ENNOfl. OR 5PE'IDING OF ^I{Y OTHIN iF.IE'{UE5 OR 'UNDT IY YHE IOWX Of XAYOEN UND€R ^nnctE r t€clroN 20 0F n€ coLolaoocoNslTttmon 08 ^ilY olHgi rAwl PrI 6:.:l8X lA 5HAL! CrY OE tEADVtLtE 'AIES 8E rNCnEAstO. COMMENOTG IANUAiY l. 2ltE. Ey St50 000 ANNUAIY tN ll{E trisI fisCAL 'EAi EIIDING OECEMBEN 3I,2OIt,ANO BY WfiATEI.IEf, ADdTONAL AMOUMTTAR€NA iEO ANNUATLYTH€RETFIEi. SYIM'OSINO r &W UOSI IAI O' 5" Of TH€ AV€NA6€ MAIXE FA'E AS TTTERMINEO BY TXE C.,IOTAOO OEPARTIVIENT Of 8€VE!'UE WHEiT U?,IPiOC!S5€D iFIAII MAFI.,UAIIA I5 RruT SOLD OR TiANSTENllD 8Y A MAII'UAI{ACIJ1IIVAIION fACITTY. wlTH IHE RAIE O' trcH ErosE rAI 8Er.rG a[or/Eo to 8E o€ctEAs€o oilncnEAsED wrlHoul turrHEi vt tER APPRoVAL 30 tolrc As lrrt RAIE oF SUCH rAX OO€9 NOr EXGEO lo'a. AND sHAU All tEWr{J€S DEttvEo rCRM 9uol €rOSE rAx 0€ CotltCIEo Ado sPailt, ^sA VOTI8 A''ROVED REVENUECHINGE, iIOTHW|TH'ANDING AI,IY fiEVENUE OR ExPENOITUI€ UMI'AT]ON5CONIAIiIEO IN AR'ICT€ x. $Cnofi lr. Ot ll{€cotolADo co{slruTroN, AeI clE I oF nlrE 29, coroRADo t€vlsEo sfAruTES,0iaNv orHER uw? P.t! 61-3!r!a TC Work Session 08-14-17 Page 28 of 31 28 : sllAu TlrE lOwN Of IOG t^rlE VlLLA6€'S TA(E5 lE ll.ClEAiEo BY fm hunCi.C thouDnd l35m.Oo0l AilNUALIY lN tlSCAi Yf i 2015 lFrR$ rutLRscA! YEAA 034Ai [{(iEAsE} AN0 8Y WHATEVERAOOTT.ONAtATTTOUT|ISAnE RAISE! ANilUAuy THIRIAF lt lHfiOr,,GH lH€ IMPOSIIION OF lfl EXC:SE IAX'li I}l€ ^MOIJM OF ONE AlrD ONE riALF PE[CEilt lt 5ra] Oar rHl flisY 5AtE OR IRANS'ER O' UNPiOCESICO AEITI i'ARIJI'ANA BY A AETA,I MAiXUilA CULIIVATION FACIUIY AT THE AVERAGEMATXET RATE AT tHE POINT 09 5At^E On IRANSfER fROM IHE CUIIwAT'ON FACII iW,COMMEtlOtlG ON IANUARY!.2015; Al{D I,{ CONNECNONI}|IiEWIH IHAII.IHETUUIiOCETOSOfIUO{I^)(ATSUCHNAIEAIIDANYCANNNGIIHETEONBECOLITcl€0. IETAIIITO, AIIO SPEI{I, A3 AVOIEi.APPTOYEOISVTNI,E CHAN6€ W THOUI I.,MIIATION OI CONUTIOil, ArlO WITHOT'T UMITING txE coutc'ro.{, rEIEimoN. oi !PExDTNG ot Al{Y of}rEt t€wNUEt oi fuHDt gv lHa lowNoF Lo6 LANE vrLr aiE uNDtt Af,lICt E X s€CtrON l0 OF IHE COIORTDO COilSI|IU1ION Oi A'rY On{Ci tlw? Pr!t 5E.4Ir{ 28 5|rAtL IOWI| Ol T,YONS IA(J 3€ TN(}EAS€D, COMMETJOIG rANUAiy l, 1016. 8Y 32?O,mO 00 ATiNUAIY llr rHE Fritr Frsc^r. r€.^R ttlott'tc oEctMStR tl,2015, At{o 8Y wx^rEvgt a00rnoNALAMouN?SARtiArsED aNiluAtLyrH:REAFtEi. ty IMPOsI'{G, A NTW SCIIE TAX O' !* OF 'HE AVEf,AGC MARXST NATE A5 O€TERMIN€O 8I THECOTORAIX' OIPAi'TMEilTOF ncvftuc wlrEN iEIATL M^iuuAilA rN ANY totM lS atRsl so10 0n rnAtrtEiRlD 8y a MARruAt{a culrvAltot{ FAouTy oR MABl.lUAllA lllrUSED,nOoUCls'AOUIY; wrlH TllE RAIEol SuCH IIOSE IAx OEING ALLOwEO IO B€ D€CTEA!EOOR ITICR€AtEO WIIHOUT FURIHER VOTEi APIiOVA IO IONG A5 T8E NATE Of SUCH IAX DO€s NOI EICEED '0", ANO THAUATT RTI,'ENUEI O&IVED IIOM sI.,CH EIOSE IAX 8E COUECI€O AND sPC'{T, A5 A VSIER APPiOVED iEVEt{UI CTAN6E, NOTWII}II'ANOllc AI{Y REVTfiUE O' UPENDITUREUMITAT1ONS COI,I'A'N€O I'{ AI'IOE I,5ECIION ZO, OT IHE COtOiADO CONSIITUTIOH, ITTICI^T I OT II'TE 29, COTORAOO R€VIIEO STAII,'I€5, OR ANY OIHET LAW? P8t 69.35!a zEJHAttllrEo'l oF MAr{lTou JPnNGs, coroRAootE PER,wmD To iglarn xo ETPENDS 57,99tril ErcESs nEvEnug RECEIV€D 8YT8EO"T FiOM'HEC[Y'5 SPIO^! REIAII. MAAIIUANA IALE5IAX AJ ONIGIMTLY AP?TOV.o 3Y THE VOTET5 ON ilOvEMgER l 20lr, wHlcx O(G55BEvtilUE wouto OI}tC.RfisE gE tE u!IDCD 8Y l TEMPjOt^Rl REDUCITOI{ lN }lE glrs SPEC|AL iEtAlt MAilrrAr.r^ rax, PuiSuANl to iH€ i€aLfliEMENrs 0F AFTTCIE X. 5rCflON 20 Ot IHE CO|ORAoo collilruflox? PIt 84'l6ta E lot l!rE 2.1 SHALI tHE lowtl O, Mll,llxEH's1x(t5 gE INCnEASEO BY 550,000.O BEGlttlill{G lil 2016lflRsf fUU f lscll,lt^t tt{RE 5E} AltO BY !V}I^IEVEi AMOUNiI ARE RAEEo ANNUAT,LY tH€RElfiEn IXFOUGH lHe l,5vr OF A,l OCCUPAT|Oa{ rllx UP rO $10,OO 'OI EACI{ 5AE5 If,ANSACIION gY AT.IY NEIAIIMARUUANA $ONE, ANY RSIAII MARUUANTCULINANOil FACII,I'Y AIiO ANY RETAIL MAftru^ilA Pf,OOUCTMANUTACruRING TAOUTY W'TI'IN IHT IOWN, AIIO SHAI.I A[ NEwflU€5 DENiWD IiOM 5UCH OCCUPAIOd 'AT BE COII.TCtEO ANO sPTNT, A5 A VgIEN APPROVEO iEVI'IUECI{ANGT, iIOTW|IHSTANDING TNI REVENUT Of, EXPENOTTURE LT,ViIATTONS CONIATNID rr A8?IC!E X, S€glrott 20 0r tHE COIOiAOO CONSIrllJrrOil. Af,l|o'E t 0f nll.E Z9 oTTHECOTOiAOO tEVrSEo nATt rES Oi ANy OrHEn l.AW? Pr!! 5a.46ta IA SHAII IXETOWN OF MOUIITAN VIIWREIAI}i THT 'XCE!!I iEVENUE RECC1VEO 8Y THEIOWN FOE FIICA Y€AE:OI' fNOM IHE 70W!l t nEIAlL tll illuA]rA sAlts lAr A5 oRTGTNALLY atP8ovEo EY THE Vt rERS oil XO\,/EiaSER 5, 2013, A,lO sHAtt tr,cH REIAI\GOIAXES AnO ANY llrvEsruE {IltlCOME IHERtOtI COll$ltuTE VOIEi-APp[OvE0 REVEIIUE C]IANGES Ar{O BE COITECITOANO IPTIfI BY IHETOWN WIHOUT iEGARDIO AIIY EXIENDTURE TEVCNUE.NAISING, Oi OTHER I.IMIIA'ION COi.rarNED rN Af,l:qE x, sEcnoil 20 Of THE COIOnAOO CofiSnltmON? P&! 11.19!i sHAl'lr]rE rowtJ of PAaao{uT15 TArE3 lE rNclEA5ID 0Y ,200,m0.m rN tH€ rrRtI Fu|'t lr5crl yEl{, le6lNiltN6 ilmrAFy l, :0I5, AITD 8Y St.lc}t AMOUNTS A5 AiE iAtSED ANNUATIY THTiEAF'ET. gY IMPO'IN6 AN EXCIsEIAX Of 5X ON Ui.IPROCESSEO RE AII. MANUUANA O'I TXE DAIE '8AT B F:i5T SOIO OR 'NAil3TEiffD TROM A TEICT MARUUANA CUT'IVAIIOil fACILIY TO A RETAII MARI'U,{A 5IORE, SEIAII MAiI]LANA PiCOt'C' MAHU'TCIURII,I€ fAOUTY, OR OTIIER REIAIL MANUUANA CIL'IVATIOiI ra<rurY, wrTH THE nEst,tllrlc ucrsE I^r ialEcaPAStE ot BEING LowtiEDoi two(ED rNrHt 30r.E or3ctErori ot ?Ht EOARo 0F TRU5TEE! Or rt{E ?OWN Of P nACBU'E, wlrh tHE RESUITNS tAX iEV€NUEg AltOWfo rO !E COt tECtED. rE AtN€o AIIO SP€NI 8' T}IEIOWN A5 A VOIER APPSOVED IEVENIJE CHAAGENOIWIiXSTANOING ANY APPTICAEIE NEV€NUEOi EXPEND|IUIE r MTTA'ION IMPOSIO SYARTlclt X, SECtlO0t 20 0FrHE CO|ORAOO CONS?|'UIION Ot Aily OTIIR LAW? ?n. lr7 t, QUElTrO.r 'rO. 2g llxosE lAr oN MAITJUANA CutIrvAIOi!) sHAu IHE 6rTy oF puElro's rArEs 8E NCRE sED 8y S850.00o ANNUATLY lflRsl tuu f ttCAL YE R |NCREASEI BE6rrrlNrri€ lAl'tuAiy :,, 2016 A|lD 8y WXA'TEVER AMotD|rS A8E nAISED Al{iluAttY rxcfEAmn, rHiorrcH IHE ADomoN or oiotNANcE ilo.890t tMPoStr/G Ax 8cr3E tAx of ! 0x WHEN uNPioctsstD nglAt MAf,tNAila rs Ftnsl sa,D on rnA^ls'Ettt0 ty A RElA[ MmLruAlA cuttlvAtl0t Faolrfi wrH rHE RATE Of I}EIAT SEING ATTOVUEO 'O 9EDECIE SEO O[ INCREA3ED WITHOUT FUIIHET VOITI APPROVALSO IONG A5 IH6 R^TE of lH€ IAr Do:g iloI cxcECD 15.0 X Alto sHAtL Au tgvcNuEs oERtvtD FROM SUCH t^)( !E COtr"ECtEO, tElAlNtOAilD SpeNT, NOTWIIIi5TANDI'IG AI{Y TIMIIA'IONI PROVIOED 8Y IAW, A5 A VO?EN APPf,OVED REVEMJ€ CXAtItr AI{D A'{ ETCEP'ION 'O 'H€LIM:I5 wHtcH vroul,o olllERwltE APPLY tUnsUAtII lO ASlrCtE X. lE6lot{ 20 tr THE COLOi 00 CONST|TUI|ON Ot ANy OI1{Ei l^WANOAI.I,OWIN6 SUCH iEvEilUE IO EEO(PENOEO AS TXE OWCOUNCII SHAU DEIERMINET Prr! 12750-8717 2.SH^ttrrcTOWN0rSOUrHFORirArESaE'NCREA5GD8yANE tMAlotrtTylHouSaNOootr^ss{Ssooxno}pEiyEri COMMEIiC'TIG JANUASY 1, 1016 AXD ENOING OECTMBtN !T, 20T6. ANO 8Y WI{AIEVER AOOMO|I T AMOUN1S A8E RAISED AttNUAltY IHER€aFl€t lr ffosrNc ^lr AoaTroNALSr[Es TAx oF fNE PERCENI {lX} OF tH€ pRt€EpAto SyTHE pUnCHAsEn oF al{v tvtAnruAilA Ptooljcl ErtEolvE[NUAnl l, 20t6, oil tt E auriloilIEo IUNDCR SIAIE u$ nErAtt tetE ot MAiUUA'{A WfIHIN IHC TOWN OF TOUIH FORT III AT./Y 'OEM, ITIo'UOI'IIG 8UI IIOI UMIIEO TO, MARIIUANA PROOUSIS AS D€TIilM OT SIATE TAW, wl'H THE RA'E Of SUCH I^I I€ING ATIOWO TO 8E OECNEASED ON INCIEASTD W|'HOIJI 'UTTHETVOTER ^PPiOVAL 50 LOHG At 'NE 8AIE O' IHE TAX DOES NOI UCE@ '€N P€NC€^II ITO"} ANO SHAU IHEIOWN B€ AUTHOi!@ lOCoulcrANo sP€HD SIJCrl REvINUE A5A VOTIR APPnOVEO tEvgftuE OlAt{G€UN0Ei ^nnctE x. SECIION 20 oF rHE COr(X^00 CON'ITTUnOfl? hrr U&l,l TC Work Session 08-14-17 Page 29 ot 31 gnc t* eiov .i$Wr{ tiirt( tirf$tlrF lo i{o} :fl;!ed! |aflli.sfrl 29 tFtaLtotquEsnoNNo,00Apttovtrcr{EAttowANcEoFrHEoPtnArlorloFMAmJr,AHAcutltvATlorrAotmEs, MAiIJUAIIA PRODUCIMANUTAC|UI NG fAgIUI E!. MAFI'UANAIE'I.NG FACIJIICT. ANO REIAII MANIUANA STOREsIN IHE ory o9 s?Etr,tNG. 6 P^55€0 3y THE VOI$S. THALLCTTY OF 5IEiUNG lArES EC TNCiEASED !y !800 !@ 00 ron rHE flRsT FULL fE€Ar vE R 12016l, Ano aNNuAt.Y THCBE FT€t ly sL'Cr AMOUNiS A5 aRE eA$o axHLArlY IH€RE^F €R BY IHE rMPOsrrOil OF AN EXOSE TAI O' !5 PIiCENTIN 2C16, A"OI'TEN€AFIEH ('T tHECULTIVATION 'ACIUTY ATTHI AVEhAGE MASXtI tAI€ A' IH6 POrT OfTR^I$'ER IROM THEEUTTVAIIOI{ FACILITY. AI|D AI.I ADO]IONAL SAIES ANO USEIAIOF t PENCTUi IN 2015, ANO IHE$AITET, Wfih IHE RAIE Of SUCH IAX B€ Tlc AUOWEO lO BE OCCNEASED OR INCNEASTO wlTH(xJT fURIHTR VOITR APPiOYAISOI.OI{GA!IHE TAIIOFTHE'^T OOE5 NOI€ICEED IOPCRCEIIT Ofl [6'NE^TOI{ATMIRUUAIIAASPROVIO€DItI SAIO EATOTOJESNOil NO. 3OO,W|TH T8E II3UTT ilG REVETIJ€5 FNOMfi€ EXCISCAND SAES^}ID U5TT^X 'O 8EUsED TO PAY oR iETMBUR5E rliE Ory fOR DInECTAN0 tr{OltEcTCO5r5 TNCUHRID Oe EXPEX0E0 EYrr{e OIY n€UfED tO rHE RE6UrArroil OF 'HE UTE Of iETAIIMINUUANAANO f,€tAIt MARIJUANA PNOOUcIS. AND TOR g!)Itfi GITCRAI PUiPOSES OF THEOIY, A!'O IN CONNECIIOfl THEREWlIH, S}IAIIIXE fUTI PRTCEEOs Of SIJCH TAXES AT ltJCH nlftsANO ANY IAR}IINGS 'HIRION 8€ corl:cTEo. tErArNEo, Ar{o SPEllT, A5 A VOIEI AF?IOVED TEVEXU€CHAN6aWITHCiJ'tti/rlA]loir (,6CONDtTtoil, AND wlHoU? uMiIrNG TH€ COUECnON, nETENIION, Oi sPCr,rDrlt6 Ol ANY OIH€R iE!€taUES OR tUilDS 8Y TIE OtY Of 5tERLril6 U$o€x aillctt xSECrION 10 ofrHE COLOiAOOCONSI,TTION Of, At{Y OIHER LAw? F.ll !!7t l,'7! 5crinr 2016 sHAtl nG IOWN Ot Br.ANCA',t IAXE! Br TaCtE JED 8r 910,000 rN IHE frR:ir Fuu FrKAt YEAn" aEG NflrN6 MAY r, 2015, al{O 8Y sUCJ{ AMOUUI5 rJ Ai€ fiA,.1€D ANIIUAI.I.Y IHTNE^f,TET, IY IMPO$NG AIl EXCI!E IAI Of !.0" Of IHE AVENAG€ MARTTI TA1I Ot UNpREESSEC 8ETAI( MARUUANA ON lXE DAiE IXAT lT lS tli5t Sq.D Ol tBAf\rttEIi€D tnOM A tEIAlL tU elluAllA ct LrrvafloN tAgurY t3 A nErAlL Mrar,ulil StonE ot iqrArl' MAirruaNA Ptoougrs M$tur^cllnln, wIIr{'nE R€lLLr c p^Er,.E or !ER6 lrcttAsED, Lou/ERto ol RFrorEo At tHE 30tf olct6lror{ of lHE loaRo oF TnuSIEEi tr I}rE lowfl of BtArtlca 50 toN6 ^s lB€ i^lEof lAxAilofi DoES Nor ExcEED 5.0*, wlrH tHt ffJULIINGT^x IfirENUCS AUOWEo rO 3E cgtlECIED ANc SPEHTIO fUtlOIltE ENrOnCEi,fNI OF REGUTAIIONS Ot{ IHf MtnuuANAcuLIrvAnO{ 4il0 latusEO PTODUCI IIIOL'?TY ANO fOTIHE R'iPOSE Of TUNOI116 MUM@AL IEiVICE!^ND OTHEi MUNIOPAI 'URPI'SEs, A5 A VOIET Atpf,ovEo R6/ENUECIIAN6E, ftOTWIil$AiIDTNGANY OftEn L|MTIAITONS PiOUOED 8y tAWOR COfllAtNtO tll AmCt^E X, SECnON 20 0F TltE COLORAm CONSllTIJIIoN? t.r tl't !{Ar.L IHE TOWN Or CnEirON€ 5 lArtt i€ rNCiEa5€D ay aN tsnMAttD nfTY IHOUSANO DOU,Af,5 ls5o,mo) PrR YEAR COMMINOTGAPitI.9, 2016 AID E'iOIH6 DECEME€R 't,2016, A"O 8Y wl'iAIEV€TADCIIIONAIAMOUI''s ATE RAISEI) At{NUAU| THCNUFIER, IHROUG}I IHE AOOCIION OF A NEIAIT MATIUA{A STORE IAX AT IHE TAIE Of 5X Ot{ I}IT }NEC PAIO foiTHC PUNCri^5€ OF N6IAL M^ruUAttA^'{O MARI'UANA'NfUSED PROOUCII. W ITH sUC}l TEV€ru€IO OE USED 'ON IHI AO0:Ttol{ALCOSTS rll(UttEo FmAO€OUATE $ttOXCtMEN? Airo AOMrilltn^TlON OF f,ErAtt MABUUANA tEGUtAnONI AltO OTHEi GEtltlAL PUFPOSf,S Of Tll€ TOWNI AfaD lH tt A[ nEVEi LEI DgtlvE0 flOM St CH IETAIL l4^ttru^tll t^l 8€ COIIECIED AND SPENT A5 A volEn APPnOVEO iEV€NIJE CHANGE . NOntlnTHSrANorlJG aHt l€vENU€ On APeNol'Uit UMttAltoNs coNT TNED ril ARIt€tE X. lEcflOfi l0 0t IHE COLOTADO CONSflIUI|ON? ,ur 'c-ll lc 8EG!fiNrN6 rAilUAit 1 0I7, 5)rAU IXt IOWN Of HOTCHXISs TAXES BE r{C8EASE 8r OIE HUNOnEO IHOT SANO DOU RS lrlm.mo ml rN il{E irtsr tuu ftsctt yE R AraD 8y SucH AMouNrS ^5 anE M,580 ^xHu^uy rxEREAFTtR ay rMposrttc Ax rDotroilAt3Al,E5raxoFTwoPERCEIT(2*)oflIH€.sAtEoFiEIAlLAlroMEDlcArM^irrulillAilotgtxtaxoMCoc ! M^n,ruANr Pnooucl9, wTH rl€ RATE oF suo.r rAx BE ilG ALt owEo Io 8E o€ct€AIED oa rNciE^s€D wtxouT IJRTH€n voIERApttov tsotoNGAsI)iEiAIEofrHEraxooEsNoIErcEtoIENPEicEirTll0r(),oNlYtRIHfEv6{Il}rArSuOi rac !n$ ARg PEtMrtlEo r!r tHE towr'r of HoTiHilSs l^5ED uPofi rN AFFTSMAITVE vorl or ftE quAUfrED cllclots0F txE toulN of HotcHxr5s, a?ro wl?H ?HE f,E5uLTlN6 lrx IEYINUE EEING AuowEoIo 8€ coutcl:D A'lD 3Pll{I 8r'tHC towti OF HOICHNSS WITIiOUT REGARD IO ANI gXPENOI?Uf,E, iEVEilJE.iAIS N6, OT O?HEN UMfAIIOII CO[{'AINEO IN anl:ctEx, SEcno[ 10 0F rHr cotoiAoo cofllnrur cN oR AJ'IYoTHER uwt PIt l8tl02 SXALLrlltrOW?rOFPONO{A9BNGttAXtS8€rNCt€^s€Dly550,000SoAt{NUAttYtilTXEftrrfUUfl5c !tA8At{OgY rJXAIEWN AMOUI{ISAIEIA,STD ANflUAt,tYIHENEANTN THROU6Ii IHE IMPOSINOH A'IDA5I€5SMEilIOT ^il ADOMOfl^L iltESrAIrl{IX!AITTOUNTOfFVEtEictflTl5*lOatl}lESAI,EOFMEOICI!MAR.IJAt{A.MEoIC LMAlllU il^liltustD PiourE RElalr M^RUu^NA ^l{o RE ^r. MA8UUANA PROOUCT3 ANO Ar{ EXCEE rAX rN IHE AMOUT{I Or fNE ptBCtNl l5xl OtI 'XE CAIH VAIL€ OF IHC ITAT$CTIOI O'T THE STIE 8Y A i€TAIL MANU^I'IIA PIODIJCIS MA'It,fAflUiING 'ACII.ITY TO A UCEI6EO MARIII.,ANA E5'A8UI}*!EHT Ot'IslOEIHE IO!\IN OF POT{CI{A 'Pi'NG5. ANO SHAIT AtL REVE'{UE5 D€iIVTD FROM IUCH 'AX COTIECIEO EE SPEIII IO DETI^Y CO5'5 INCURi€O IN TEGUIA? 'IGfHE M^RUUANA INDUITIY. fUNDING SOOTL ilcnEAr,lr{ (, ^xo EoJc IoNAt Pioct Ms wll.i:N ttiEcoMf\,lt BrY As MAY lEDFtEtMrNlo ty tHt towH rNou0ill6 ,lrEST NcE AtU$ PnrWImON. EDT CAION AI|D COUfllAtNG 'RO6R M5, AilDrO PiOMOTElH€GEnErAt rUt905E50t rHC 'OVT T OF FONCHA sPT NG! A' A YO'EN APPiOYED NFVENUE CHAflGE ANO ${ ETCETNON IO TH€ iEVEM.|E A'tO SP$DING lrM,rs o: Arnct! x, SEcnox ?0. or ftEcotoeaDo coilSltruioN? PIt 13&10: tHAu IOwil Or $OGWlCx l^xEr 8E Ncn€^s€o By S5O0,dr0 tf iJT tuu fllcAr. YEAR rr.rcREAsE) Axo AMrrAtLy niEREAFTEi rN SIJCH AMOUIIIT A5 ARE NECEIVEO IACH IEAi THROUGH TH€ IMPOSITION OT A'T EXCIST IAX IN TIIE AMOUI{I OFIWO P'iCEiN I2*} ON THE NRST $tr OR TiAN!'ER OF UIIPTOCEsSEO IEIAII. MARI]UAIIA BY A RETA'I MAtlruANA CU,T.YA'IOTT fACILIIY A' rHt Avtil6E MARXET R TE ArTHE POI{I OF SAIE Oi IRANSFEI FROM rxE ATLllV IION 'ACTUTY, (O{!i/!aNOrl6 Oil ,t LY I 2015, WHICH If APPTOVEO,SHALL R€'IACE IHE OCCUPATION TAI I,E\IED O'I SAE5 ORTBANSFETS O' RETA]LMAiL,I.JANA 8Y [EIArt MAIUUAXA OJLTvAnOT{ fAC}.flCJ. ANowt}i Ar.LttVENUtS oER|VEo FnOM Sucli TAr TO 8E COU.ICIEO. ffirArt{ED A'IDSPEH'FORANYlAWfUtMUI'IOPAI.PUhPO'E AIIOSHAITBEIOWI{B€PERMI'TEOTOCOUES',REIAINAIIOE.XPENOAIi BEVEI,II.'Es DENVEO TiOM SUCH TXOSEI'.T ASA VOIEi APPROVSO TEVINUE CHAN6EANO AN EICEPIION TOIIMI''WH CH wot Lo otxERwrs€aPPLY ur{ocl ARTrctf x SEcTtoN 20 oF Tt{EcotoRAoo coNtl n Tror, oR ANI oIH€itAw? ,.n D-, TC Work Session 08-14-17 Page 30 of 31 30 hr let llt S€ g, 'HAU THE TAXEs OT THE TOWN OT $LVET CIJF' A€ IICNEA'€O 8Y 5UCH AMOI,M3 A5 Aif AASTD ANNUAI.IY tltEREAFIEn" SY IMPOsING AN ADOITONA SAIEJ IAI OF l0 ra Ol{ I}lE SAIE Ot iErAl MARIIUA|A ANO tE AIL tr,lAiUUAl'lA IfiOOUcl! AI{D AIi BO'E IA'( Of !O * OF THE AVERAGE MATTE TAIE Of UII'NOCE'S:O ifIAII MAiI.,UATIA ON THE OAT€ ftAr tr ts flRst so|'o oR lRAr.lFEitEolioM a M $ruar{a culnvATloN raol[y To A eE AL MAfiuuAIA rAclurY ofi M RI'UAIiA PiOOUCT MANUFACTUTI}IG 'AO[TTY. ONLY IN TH€ EVENT IHA' SUCH IAqUIl[s ARE PERMIIIEO IN I}IE TOWN OF TTVEN cLIIT IASED UPOTI AII AT;IRMATIVE VOII OF THE OUATI'IEO €LECIOTs OF TH€TOWtt OF sILVER CI.IIF, WIIH ]Ht iEsuL?I$G g^t E5 0i UCTSET^r FArIs BtlN6 CAPAll.l OF EErr{G TOWEREO OR REVOTEo rN IHE 30r€ OrSClElrOr'r Of 'HE ?Owil oF s[vEt cutt 0oat0 0F TRusrEEs. wlH lH€ iEsurlrAlG lar RevENUEs artowEoro 8a cor,uc'Eo At{o 9ENi. ftorw?HsrANolllc ANv 6tl€R lrMrrAtroNs PiovtDtD lY taw? TC Work Session 08-14-17 Page 31 of31 31