HomeMy WebLinkAboutReso 1997-18834 RESOLUTION NO. 18834
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA ABATING THE BUSINESS LICENSE TAX RATES FOR
CALENDAR YEAR 1998, HOLDING CY 1998 TAX RATES AT
THE CURRENT CY 1997 LEVELS
WHEREAS, the Business License Tax ordinance (effective January 1, 1991) provides
that the City Council may abate, for a one year period, the scheduled business license tax
increase to any level chosen as long as the tax rates do not fall below the 1991 level; and
WHEREAS, the business license taxes will more than double for the vast majority of
businesses on January 1, 1998 unless Council passes a resolution to abate them to a lower
level; and
WHEREAS, tax rates have remained the same since 1991 due to annual abatements;
and
WHEREAS, revenue estimates in the current budget were based on current tax rates
and abating the CY 1998 tax rates to retain the current tax rate would not affect this year's
budgeted revenue, nor would it impact next year's budget; and
WHEREAS, notification of the public hearing were sent to the Chamber of Commerce,
the Broadway Business Association, the Downtown Business Association and the Bonita
Business and Professional Association; and
WHEREAS, a public hearing was held on December 9, 1997 to discuss the advisability
of abating the business license tax increase scheduled for Calendar Year 1998.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista
does hereby abate the Business License Tax rates for Calendar Year 1998, holding CY 1998
tax rates at the CY 1997 levels.
Presented by - Approved as to form by
Rob/ert Po~/ell
Finance Director o
Resolution 18834
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 9th day of December, 1997, by the following vote:
AYES: Councilmembers: Moot, Padilia, Rindone, and Horton
NAYES: Councilmembers: Salas
ABSENT: Councilmembers: None
ABSTAIN: Councilmembers: None
Sh~rl H ayor
ATTEST:
~Authelet, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that
the foregoing Resolution No. 18834 was duly passed, approved, and adopted by the City
Council at a regular meeting of the Chula Vista City Council held on the 9th day of December,
1997.
Executed this 9th day of December, 1997
~Authelet, City Clerk