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AN ORDINANCE CALLING A SPECIAL ELECTION IN THE CITY OF JONESBORO, ARKANSAS, ON THE QUESTION OF LEVYING A ONE 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 May 15, 2000, Ordinance No. 3221 providing for the levy of a one percent (1%) 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 July 18, 2000, 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 percent (1%) local sales and use tax within the City of Jonesboro, Arkansas. One half (2) of all proceeds derived from the sales and use tax will be for financing capital improvements of a public nature. The remaining one half (2) of all proceeds derived from the sales and use tax will be for general operating purposes . . . . . . . . [ ]
AGAINST adoption of a one percent (1%) local sales and use tax within the City of Jonesboro, Arkansas. One half (2) of all proceeds derived from the sales and use tax will be for financing capital improvements of a public nature. The remaining one half (2) of all p...
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