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ORDINANCE NO. 2012 - 11 AN ORDINANCE PERTAINING TO THE USE OF A ONE PERCENT EXCISE TAX FOR THE CITY OF CODY, WY. WHEREAS, the City of Cody has entered into a Memorandum of Understanding with the Board of Park County Commissioners, the City of Powell and the Town of Meeteetse agreeing that should a one percent excise tax pass in Park County Wyoming, the money will only be used for capital infrastructure projects and the specific maintenance of capital infrastructure. Infrastructure is determined to include, but is not limited to projects involving public works related capital improvement projects such as roads, streets, alleys, curbs, gutters, sidewalks, storm sewers, bridges, and water, sewer and electrical projects. It does not include the construction of new buildings. Maintenance is determined to include, but is not limited to the purchase of maintenance materials and contractual services that extend the useful life of the infrastructure mentioned such as oil, chips, grading H, asphalt, crack sealing, striping, concrete, slurry seal, sewer line relining, culverts, pipes, poles, cable, street lights, and transformers. Further, the City of Cody shall not sign a resolution or any other document to continue a one percent excise tax unless the resolution is to support that the continuation of the tax be determined by the voters of Park County. This ordinance shall become effective after final passage and publication in the Cody Enterprise. PASSED ON FIRST READING MAY 15, 2012_____ PASSED ON SECOND READING JUNE 5, 2012______ PASSED, ADOPTED AND APPROVED ON THIRD AND FINAL READING JUNE 19, 2012___ Nancy Tia Brown, Mayor ATTEST: Baker Administrative Services Officer