Issue · Budget

Creates a Host Community Cannabis Fund

ORD 15-2026 · official title ▾

AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council, or otherwise to take effect and be in force at the earliest period allowed by law to enact Section 129.65 of the Lakewood Codified Ordinances entitled Host Community Cannabis Fund, to provide guidance regarding the use of new tax revenues related to the sale of cannabis. source

Enacts Section 129.65, creating a Host Community Cannabis Fund to guide how the city uses its share of state cannabis tax revenue. The ordinance says Lakewood expected 3.6 percent of the state's 10 percent tax on cannabis sales in the city. pdf Written by AI from the legislation PDF

introduced ·
02.02
readings ·
02.02
passed ·
04.06
in code ·
05.18

Enacts Section 129.65, creating a Host Community Cannabis Fund to guide how the city uses its share of state cannabis tax revenue. The ordinance says Lakewood expected 3.6 percent of the state's 10 percent tax on cannabis sales in the city. pdf Written by AI from the legislation PDF

Timeline

05.18Codified OrdinancesAdded to the codesource ↗04.06City CouncilPassedrecap →03.23Finance CommitteeOn the agendarecap →03.02City CouncilDeferredrecap →03.02Finance CommitteeDeferredrecap →02.17City CouncilRead; deferredrecap →02.02City CouncilIntroduced; read; to committeerecap →

Changes

Substitute version (S.) on Apr 6.Record
Placed in the city code as §129.65.Codification ordinance§129.65

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Latest vote

04.06 · motion
Adopted 5–0minutes

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Sources