Loading...
HomeMy WebLinkAboutReso 1995-18112 RESOLUTION NO. 18112 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ABATING THE BUSINESS LICENSE TAX RATES FOR CALENDAR YEAR 1996 TO RETAIN THE TAX RATES IN CALENDAR YEAR 1996 AT THE CALENDAR YEAR 1995 LEVELS ON THE EFFECTIVE DATE OF ORDINANCE DECEMBER 20, 1995 WHEREAS, the Business License Tax Ordinance 2408 requires that a public hearing be conducted to discuss the advisability of abating the business license tax increase which is scheduled for CY 1996; and WHEREAS, Ordinance 2408 provides that after the public hearing, Council may pass a resolution to reduce the tax for a one year period to any level not below CY 1991 rates; and WHEREAS, Council must abate the tax for CY 1996 prior to January 1, 1996 or the taxes will increase automatically; and WHEREAS, given the continued economic downturn and the unlikelihood the economy will turn around completely in the near future, staff is recommending that Council abate the taxes to retain them at their current level for one calendar year--1996. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista , - ~e~'M.~Booga~ard 11 ' F~nance D~rector ' C~ty Attorney Resolution 18112 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 14th day of November, 1995, by the following vote: AYES: Councilmembers: Alevy, Moot, Padilia, Rindone, Hotton NAYES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None on, May~r ATTEST: theiet, 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. 18112 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 14th day of November, 1995. Executed this 14th day of November, 1995. ~uthelet, City Clerk