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HomeMy WebLinkAboutAgenda Statement 1971/10/26 Item 09CITY OF CHULA VT)'TA CITY COUNCIL MEETING OF: 10 -26 -71 STAFF COMMENTARY ON AGENDii. ITEM NO. _ _9__ ITEM TITLE: Resolution - City's intention to change amortization schedule for billboards INITIATOR: Director of Planning ACTION REQUESTED: Adoption of resolution setting public hearing Copy of Resolution ® Ordinance ❑ Agreement ❑ Plat ❑ attached BACKGROUND: In response to a City Council request made on 9 -7 -71, a study on the possibility of reducing the amortization period for billboards located within the City limits was conducted by the Planning Department staff. Based on the findings presented at the Planning Commission meeting of 10 -4 -71, the Commission recommends that the City Council adopt an amendment to the City Code to change the amortization schedule for billboards valued at $2,500 or more to a maximum of five years. All other billboards would be abated sooner. This resolution calls for a public hearing regarding this matter on November 16, 1971. See EXHIBITS ® No. 1 - 2 FINANCIAL STATEMENT: Not applicable COMMISSION -BOARD RECOMMENDATION: The Planning Commission recommends approval. DEPARTMENT HEAD RECOMMENDATION: Concur CITY MANAGER RECOMMENDATION: Concur COU,vcl -[ A ( T i 0°d : f - 'J A)&R Ainwmi&= The Honorable Mayor and City Council of the City of Chula Vista Civic Center Chula Vista, California 92010 City Ot Chda Cvda CALIFORNIA Subject: Amortization schedule for billboards In response to your request on September 7, 1971, a study on the possibility of reducing the amortization period for billboards located within the city limits was conducted by the Planning Department Staff. Based on the findings presented at the Planning Commission meeting of October 4, 1971, the Commission recommends that your honorable body adopt an amendment to the City Code to change the amortization schedule for signs valued at $2500 or more to a maximum of five years. All other billboards would be abated sooner. ZBruce H. War en, A.I.P. Director of Planning W