ORDINANCE NO. 4547

AN ORDINANCE AMENDING CHAPTER 3 OF THE GRAND JUNCTION MUNICIPAL CODE CONCERNING SALES AND USE TAX EXEMPTIONS FOR THE SALE AND USE OF WOOD FROM TREES HARVESTED IN COLORADO DAMAGED BY BEETLES

RECITALS:

This ordinance creates an exemption from the application of sales and use tax to beetle killed wood products.

The Colorado legislature adopted HB12-1045 which bill expanded the State sales and use tax exemption for timber products made from trees in Colorado killed by spruce beetles and for the sale, storage, and use of wood from salvaged trees killed or infested in Colorado by mountain pine beetles.

The City Council is committed to a fair and responsible tax code. The City Council is also committed to the principles of economic development and local prosperity. Part of that commitment is the recognition that tax policy is an effective way to sustain and grow our local economy and that from time to time that adjustments must be made to it for the betterment of the
community, including in certain circumstances conforming the City tax code with that of the State to meet specific demands.

The City Council finds that this ordinance is consistent with those purposes and is protective of the City’s health and general welfare.

NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION:

That Section 3.12.070 of the Grand Junction Municipal Code is amended as
follows:

3.12.070 Exemptions from sales tax.

The tax levied by GJMC 3.12.030 (a) shall not apply to the following:
(nn) the sale, storage and use of wood and timber products made from Colorado trees killed by spruce beetles or mountain pine beetles.

That Section 3.12.080 of the Grand Junction Municipal Code is amended as
follows:

3.12.080 Exemptions from use tax

The tax levied by GJMC 3.12.030 (b) shall not apply to the following:
(h) the sale, storage and use of wood and timber products made from Colorado trees killed by spruce beetles or mountain pine beetles.
Sunset Clause. Within sixty days of the eighth anniversary of the adoption
of this ordinance the City Council shall consider the effectiveness of the
ordinance at achieving its stated purposes. Without further action by the
City Council, the terms and provisions of this ordinance shall expire on
the eighth anniversary of the effective date hereof.

Introduced on first reading this 20^th day of June, 2012 and ordered published in pamphlet form.

Passed and adopted on second reading this 18^th day of July, 2012 and ordered published in pamphlet form.

             /s/ Bill Pitts        

             President of the Council
ATTEST:



/s/ Stephanie Tuin      

City Clerk