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HomeMy WebLinkAboutReso 1996-18501 RESOLUTION NO. 18501 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ABATING THE BUSINESS LICENSE TAX RATES FOR CALENDAR YEAR 1997, HOLDING CY 1997 TAX RATES AT THE CURRENT CY 1996 LEVELS, WITH THE EXCEPTION OF NEW BUSINESSES SUBJECT TO THE FIRST YEAR ~25 TAX RATE, WHO DO NOT APPLY FOR A BUSINESS LICENSE WITHIN 30 DAYS OF BUSINESS COMMENCEMENT, FOR WHICH THE TAX WILL BE ABATED TO ~50 WHEREAS, the Business License Tax ordinance (effective January 1, 1991 ) provides that business license taxes will more than double for the vast majority of businesses on January 1, 1997 unless Council passes a resolution to abate them to a lower level than that allowed by ordinance; and WHEREAS, tax rates have remained the same since 1991 due to annual abatements; and WHEREAS, based on Council direction, revenue estimates in the current budget were based on current tax rates and abating the CY 1997 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. 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 1997, holding CY 1997 tax rates at the current CY 1996 levels, with the exception of new businesses, that are currently subject to the $25 tax rate and who do not apply for a business license within 30 days of business commencement, for which the tax will be abated to ~50. Presented by Approved as to form by fiobe{~Powell Ann Y. Moore Finance Director Acting City Attorney Resolution 18501 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 19th day of November, 1996, by the following vote: AYES: Councilmembers: Alevy, Moot, Padilia, Rindone, and Horton NAYES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None Shirle~/Horton, IViayor ATTEST: Beverly ~,. Authelet, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. 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. 18501 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 19th day of November, 1996. Executed this 19th day of November, 1996. ~Aut~el~