St. Mary Parish

Shall the City of Morgan City, State of Louisiana (the "City"), under the provisions of Article VI, Section 29 of the Louisiana Constitution of 1974, and other constitutional and statutory authority, be authorized to levy a tax of three tenths of one percent (3/10%) (the "Tax") (an estimated $819,000 reasonably expected at this time to be collected from the levy of the tax for an entire year), for a period of twelve (12) years, beginning January 1, 2012, upon the sale at retail, the use, the lease or rental, the consumption, and the storage for use or consumption, of tangible personal property and on sales of services in the City, as defined by law, with the avails or proceeds of the Tax, after paying the reasonable and necessary expenses of administering and collecting the Tax, to be dedicated and used for the purpose of paying the cost of constructing, improving, resurfacing, maintaining and providing street drainage for public streets, alleys, sidewalks and public wharves, and acquiring equipment therefor, and for making all necessary payments in connection with bonds or other obligations issued for the above stated purposes?

To prohibit the levy of new taxes or fees upon the sale or transfer of immovable property, including documentary transaction taxes or fees, or any other tax or fee, by the state or any of its political subdivisions after November 30, 2011. (November 30, 2011) (Adds Article VII, Section 2.3)