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AN ORDINANCE CALLING A SPECIAL ELECTION IN THE CITY OF JONESBORO, ARKANSAS, ON THE QUESTION OF LEVYING A ONE-HALF PERCENT SALES AND USE TAX WITHIN THE CITY OF JONESBORO, ARKANSAS; DEFINING THE TERM SINGLE TRANSACTION; PRESCRIBING OTHER MATTERS PERTAINING THERETO; AND DECLARING AN EMERGENCY
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WHEREAS, the City Council of the City of Jonesboro, Arkansas (the City) has passed on June 1, 2010, an Ordinance providing for the levy of a one-half percent (.5%) sales and use tax within the City (the Sales and Use Tax); and
WHEREAS, the Sales and Use Tax shall be levied and collected only on the first $2,500 for each single transaction; and
WHEREAS, the purpose of this Ordinance is to call a special election on the question of the levy of the Sales and Use Tax, and to define the term single transaction.
NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Jonesboro, Arkansas:
SECTION 1: That there be, and there is hereby called, a special election to be held on August 10, 2010, at which election there shall be submitted to the electors of the City the question of the levy of the Sales and Use Tax.
SECTION 2: That the question of levying the Sales and Use Tax shall be placed on the ballot for the election in substantially the following form:
Vote on measure by placing an X in the square opposite the measure either for or against:
FOR adoption of a one-half percent (.5%) local sales and use tax within the City of Jonesboro, Arkansas, with proceeds derived from the sales and use tax used for providing police and fire services to commence on January 1, 2011 and end on December 31, 2014 . . . . . . . [ ]
AGAINST adoption of a one-half percent (.5%) local sales and use tax within the City of Jonesboro, Arkansas, with proceeds derived from the sales and use tax used for providing police and fire services to commence on January 1, 2011 and end on December 31, 2014 . . . . . . . . . . [ ]
SECTION 3: That the election shall be held and conducted and t...
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