(a) The Municipal Home Rule Board, under the authority of West Virginia Code Chapter 8, Article 1, Section 5a, approved the Town's Application for Home Rule, which included among other actions, the request for authorization to impose a municipal consumers sales and service tax and municipal use tax.
(b) The Town Council believes that it is in the best interest of the Town to provide for financing of the construction or renovation of capital improvements on Town properties, to promote economic development and growth within the Town, to provide for storm water projects, and take other actions as deemed to be appropriate and within the scope of the Home Rule Plan by the Town Council.
(c) The Town Council has determined that in order to accomplish the objectives stated in section (b) above, it is necessary to impose sales and use taxes that conform to the state consumers sales and service tax and use tax as set forth in West Virginia Code §11-15-1, et seq., 11-15A-1, et seq. and 11-15B-1, et seq., all of which will be administered, collected and enforced by the State Tax Division at the same time and in the same manner as the consumers sales and service tax set forth in the above sections of the West Virginia Code and the applicable provision of the streamlined sales and use tax agreement set forth in §11-15B-1, et seq.
(Passed 12-2-21.)