CITY of ALBUQUERQUE
TWENTY FOURTH COUNCIL
COUNCIL BILL NO. O-20-18 ENACTMENT NO. ________________________
SPONSORED BY: Isaac Benton
ORDINANCE
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Imposing A Municipal Gasoline Tax Of Two Cents Per Gallon Conditional Upon Voter Approval; Dedicating The Revenue Generated By The Municipal Gasoline Tax To Rehabilitate Public Streets And Roadway Systems For The Benefit Of The City (Benton)
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IMPOSING A MUNICIPAL GASOLINE TAX OF TWO CENTS PER GALLON CONDITIONAL UPON VOTER APPROVAL; DEDICATING THE REVENUE GENERATED BY THE MUNICIPAL GASOLINE TAX TO REHABILITATE PUBLIC STREETS AND ROADWAY SYSTEMS FOR THE BENEFIT OF THE CITY.
BE IT ORDAINED BY THE COUNCIL, THE GOVERNING BODY OF THE CITY OF ALBUQUERQUE:
Section 1. Imposition of Tax. There is hereby imposed, conditional upon voter approval, a tax of two cents ($0.02) a gallon on all gasoline sold at retail within the boundaries of the City of Albuquerque and upon which gasoline taxes are imposed in accordance with the Gasoline Tax Act, Chapter 7, Article 24-A NMSA 1978.
The tax imposed under this ordinance is pursuant to the County and Municipal Gasoline Tax Act as it now exists or as it may be amended and shall be known as the "Municipal Gasoline Tax." The tax imposed by this section shall be in addition to the tax imposed under the Gasoline Tax Act by the State of New Mexico.
Section 2. Dedication. Revenue from the Municipal Gasoline Tax will be used to fund the rehabilitation of public streets and roadway systems for the benefit of the City. Rehabilitation projects are those required to extend the service life of an existing facility, improve its operation, improve safety, or restore original performance or capacity. Rehabilitation projects shall, in accordance with the standards in the Complete Streets ordinance, examine the entire right-of-way to enhance usefulness for all transportation and mobility users. Rehabilitation projects shall prioritize the improvement o...
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