Ballot Issue 2L - Lodging Tax

SHALL CITY OF CENTENNIAL TAXES BE INCREASED ANNUALLY BY $1,050,000.00 IN THE FIRST FULL FISCAL YEAR OF COLLECTION COMMENCING JANUARY 1, 2023, AND BY WHATEVER AMOUNT IS RAISED ANNUALLY THEREAFTER, BY THE IMPOSITION OF A LODGING TAX AT THE RATE OF THREE AND ONE HALF PERCENT (3.5%) ON THE RENTAL FEE, PRICE, OR OTHER CONSIDERATION PAID OR CHARGED FOR SHORT-TERM RENTAL (LESS THAN 30 CONSECUTIVE DAYS) OF ANY ROOM, RESIDENCE, ACCOMMODATION, OR SPACE IN ANY HOTEL, INN, BED AND BREAKFAST, OR ANY OTHER PLACE THAT PROVIDES SLEEPING ROOMS, SLEEPING FACILITIES, OR ACCOMMODATIONS FOR CONSIDERATION LOCATED WITHIN THE CITY, WITH THE REVENUES OF SUCH TAX TO BE SPENT ON PROJECTS AND SERVICES ADDRESSING VISITOR IMPACTS IN THE AREAS OF PUBLIC SAFETY AND ANY OTHER LAWFUL MUNICIPAL PURPOSE, AND SHALL ALL REVENUES FROM SUCH TAXES AND ANY EARNINGS THEREON BE COLLECTED, RETAINED AND SPENT AS A VOTER-APPROVED REVENUE CHANGE WITHOUT LIMITATION OR CONDITION CONTAINED IN ARTICLE X SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW?