(A) Pursuant to the approval of three propositions by the electors of the village, at the regularly scheduled primary election that was held on Tuesday, May 10, 2022, there is hereby adopted a sales and use tax which tax shall be 1.5% upon the same transactions within the corporate limits of the village, on which the state is authorized to impose a tax pursuant to the provisions of state law. Said sales and use tax of 1.5% shall commence on January 1, 2023.
(B) As identified in division (A) above, 1% shall be used for public infrastructure purposes which may include, but not be limited to, public highways and bridges; municipal roads, streets, bridges and sidewalks; solid waste management facilities; wastewater, stormwater and water treatment works and systems; water distribution facilities and water resources projects, including, but not limited to, pumping stations, transmission lines and mains and their appurtenances; hazardous waste disposal systems; resource recovery systems; airports; port facilities; buildings and capital equipment used in the operation of municipal government; convention and tourism facilities; redevelopment projects as defined in Neb. RS 18-2103 et seq.; mass transit and other transportation systems, including parking facilities; and equipment necessary for the provision of municipal services. This shall continue in perpetuity unless repealed.
(C) As identified in division (A) above, 0.5% shall be used to fund the village’s Economic Development Program, as adopted by the by the Trustees in Res. 2022-02-01, pursuant to the Local Option Municipal Economic Development Act, Neb. RS 18-2701 et seq., and shall continue from January 1, 2023 and end on September 30, 2041.
(Ord. 658, passed 5-25-2022; Ord. 660, passed 7-13-2022; Ord. 665, passed 2-8-2023)