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HomeMy WebLinkAboutAgenda Statement 1973/10/02 Item 12AGENDA ITEM N0. r 12 ] CHULA VISTA CITY COUNCIL MEETING OF: October 2, 1973 ITEM TITLE: Resolution - Approving Agreement for State Administration of Local Sales and Use Taxes INITIATED BY: Director of Finance R4('K(;R(IiTNTI Amendments to the Bradley-Burns law made by AB-309 and SB-90 will be operative January 1, 1974. Any city which has not amended its Bradley-Burns ordinance by that time will cease to be a conforming city and will lose its Bradley-Burns revenue for at least three months. The State Board of Equalization has forwarded a draft of the amendments to the ordinance and a draft of the new agreement for administration which have been reviewed by the County Supervisors Association and the League of California Cities. The new agreement is designed to update the previous agreement entered into September 11, 1956, to conform to previous changes in the law and to provide for transmittals of money by deposit in a bank in Sacramento designated by the City. The new agreement and amending ordinance must be received by the State Board of Equalization by November 1, 1973. ATTACHED: Resolution [X] Ordinance [ ] Agreement [ ] Plat [ ] See EXHIBITS ~(X] No. 1,2 Financial Statement: N/A Commission-Board Recommendation: Department Head Recommendation: Recommend Approval City Manager Recommendation: Concur with Department Head ~ ~d~ /