HomeMy WebLinkAboutReso 1992-16920 RESOLUTION NO, 16920
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA APPROVING ABATEMENT OF THE TRANSIENT OCCUPANCY TAX
FROM A RATE OF TEN PERCENT TO EIGHT PERCENT FOR CALENDAR
YEAR 1993
WHEREAS, at its meeting of October 25, 1990, the City Council adopted
Ordinance No. 2407, Option 1, amending the Municipal Code regarding Transient
Occupancy Tax {TOT) by establishing a maximum TOT rate of ten percent and
providing for annual abatement hearings at which time the maximum tax could be
lowered; and,
WHEREAS, in 1990 and 1991, the City Council held abatement hearings and set
a TOT rate of eight percent for the subsequent calendar year, the same rate it
has been since 1978; and,
WHEREAS, the City Council, at a public hearing held on December 8, 1992,
considered the reduction of the TOT rate from ten percent to eight percent and
voted to maintain the TOT rate as eight percent.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula
Vista does hereby approve the abatement of the Transient Occupancy Tax from a
rate of ten percent to eight percent for calendar year 1993.
Presented by ppr . as to fo b~' ~,,
/
L m Christopher
y a aar ~
Director of Finance
Resolution No. 16920
Page 2
PASSED, APPROVED and ADOPTED by the City Council of the City of Chula
Vista, California, this 8th day of December, 1992, by the following vote:
YES: Councilmembers: Fox, Horton, Moore, Rindone, Nader
NOES: Councilmembers: None
ABSENT: Councilmembers: None
ABSTAIN: Councilmembers: None
Tim .ader:
ATTEST:
Beverl/~A. A~thelet, 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. 16920 was duly passed, approved,
and adopted by the City Council held on the 8th day of December, 1992.
Executed this 8th day of December, 1992.
Beverly ~. Authelet, City Clerk