Ballot Issue 2D - Retail Marijuana cultivation excise tax

Shall City of Louisville taxes be increased by $200,000 in 2020 (the first full fiscal year of such tax increase) and by whatever additional amounts are raised annually thereafter, by imposing, effective January 1, 2020, a new tax on the first sale or transfer of unprocessed marijuana by a retail marijuana cultivation facility at the rate of five percent (5%) of the average market rate, which is the average price of unprocessed retail marijuana that is sold or transferred from a retail marijuana cultivation facility, with the tax revenues being used to pay or reimburse the city for direct and indirect costs incurred or expended by the city for training, enforcement, and administration of all applicable marijuana laws and regulations, to support local drug and alcohol programs and facilities, and for other general purposes of the city; with the rate of the tax being allowed to be increased or decreased without further voter approval so long as the rate of taxation does not exceed ten percent (10%), in accordance with any ordinances hereafter approved by the City Council of the City of Louisville; provided that any such tax shall be imposed only if retail marijuana cultivation facilities are permitted within the city; and shall the city be authorized to collect and spend such revenue as a voter approved revenue change under Article X Section 20 of the Colorado Constitution, and shall Ordinance No. 1776, Series 2019, which imposes the tax, be approved?