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I • CALLING SPECIAL ELECTION AND DEFINING SINGLE TRANSACTION I ORDINANCE NO. 2000-1-4 AN ORDINANCE CALLING A SPECIAL ELECTION IN THE CITY OF BATESVILLE, ARKANSAS, ON THE QUESTION OF LEVYING A ONE PERCENT SALES AND USE TAX WITHIN THE CITY OF BATESVILLE, ARKANSAS; DEFINING THE TERM "SINGLE TRANSACTION;" PRESCRIBING OTHER MATTERS PERTAINING THERETO; AND DECLARING AN EMERGENCY. WHEREAS, the City Council of the City of Batesville, Arkansas (the City), has passed on January 25, 2000, Ordinance No. 2000-1-3 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;" and • WHEREAS, there is a need for additional city funds for use in high priority areas such as but not limited to law enforcement, stormwater drainage, parks and recreation, streets, fire protection, A.D.A. requirements, sanitation and capital improvements. NOW THEREFORE, BE IT ORDAINED by the City Council of the City of Batesville, Arkansas: Section 1. That there be, and there is hereby called, a special election to be held on March 28, 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 s uare opposite the measure either for or against: FOR adoption of a 1% local sales and use tax within the City of Batesville, Arkansas........................................ ...❑ AGAINST adoption of a 1% local sales and se tax within the City of Batesville, Arkansas......................................❑ Section 3. That the election shall be held and conducted and the vote canvassed and the results declared under the law and in the manner now provided for municipal elections unless otherwise provided in Title 26, Chapter 75, Subchapter 2 of the Arkansas code of 1987 Annotated (the "Authorizing Legislation") and only qualified voters of the City shall have the right to vote at • the election. Section 4. That the results of the election shall be proclaimed by the Mayor, and his Proclamation shall be published one time in a newspaper published in the City and having a general circulation therein, which Proclamation shall advise that the results as proclaimed shall be conclusive unless attacked in the courts within thirty days after the date of publication. Section 5. That a copy of this Ordinance shall be given to the Independence County Board of Election Commissioners so that the necessary election officials and supplies may be provided. A certified copy of this I Ordinance shall also be provided to the Commissioner of Revenues of the State of Arkansas as soon as practical. Section 6. That the Mayor and City Clerk, for and on behalf of the City, be, and they are hereby authorized and directed to do any and all things necessary to call and hold the special election as herein provided and, if the levy • of the Sales and Use Tax is approved by the electors, to cause the Sales and Use Tax to be collected in accordance with the Authorizing Legislation, and to i perform all acts of whatever nature necessary to carry out the authority conferred by this Ordinance. �I I I