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6801 Delmar Boulevard, University City, Missouri 63130, Phone: (314) 862-6767 <br /> <br /> 'M~EAS, the languac/e in the Hancock II Amera.~nt is not simply limited <br />funding, and taxatic~ has taken plaoe in Missouri for over 150 years, and <br /> <br />voluntary user f~), to be aidEDyed by a majority of the electorate, and <br /> <br /> I~}~EAS, Harrx3ck II will require that more than $600 millice] be cut f~-~ <br />the state b.-~, thereby affectir~ the ability of the State to fund public <br />educatic~ and other iM0ortant public services and j.merDv~nts, and <br /> <br /> M4~EAS, Hancock II repeals, amends, or modifies seue 51 sectiotas of the <br />Missouri Constitution, including the right to a tree public education, pen- <br />sicr~ for the blind, and other i~portant provisions in the Ccrstitution with- <br />out explaining how these sections are repealed, modified, or dk~nged, and <br /> <br /> M~EAS, Hancock II d~ gove~x.~nts fx~. lowering chal~jes and <br />levies ~ the present authorized level by requiring a vote before they can <br /> <br /> M~EAS, Mancock II will force goveh=~,nts, including school a~tricts, <br />cities, and counties that have outstanding bcras authorized by the electorate <br />but not ~a, to subnit these ~m~ buras to a new vote of the people, and <br /> <br /> M~E~S, Hancock II limits the ~uwth of the Missouri State b~lge~_t to <br />c~e-fifth of c~e percent per year and will rec~e a refund of over $600 <br />million dollars, which will continue to place the burden of meeting citizens' <br /> <br /> M~EAS, Hancock II preclL~es any kind of manlngful economic growth for <br />the State and will stifle econenic incentives fLu~ the State level because <br />there will be no funds for sudl activity, and <br /> <br /> M~EAS, ~ II dictates a refund scheme where overpaid taxes <br />ell sources are ~.-eturned ~nly to corporate and indivie~a] incc~e taxpayers on <br />a pro rata basis, thus making the ~aedy for overpayment of taxes unfair to <br />taxpayers on ]{m~te~__ ~, <br /> <br />NOW, ~}iB~EP~E, I~ IT RESOLVED that the Mayor and City Council of Unive/~ity <br />City, Missouri, hereby upstee the Hancock II Am~rdment and urge the citizens <br />of University City to vote in opposition to this Amendment, should it c~m]ify <br />for the ~ 8, 1994, ballot. <br /> <br />APe this 22nd day of ALlgust, 1994. <br /> <br /> <br />