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HomeMy WebLinkAboutReso 1990-15956 RESOLUTION NO. 15956 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING ABATEMENT OF THE TRANSIENT OCCUPANCY TAX FROM A RATE OF lO PERCENT TO 8 PERCENT FOR CALENDAR YEAR lggl The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, at its meeting of October 25, 1990, the City Council adopted Ordinance No. 2407, Option l, amending the Municipal Code regarding Transient Occupancy Tax (TOT) by establishing a maximum TOT rate of 10% and providing for annual abatement hearings at which time the maximum tax could be lowered; and WHEREAS, Council directed staff to return prior to the end of 1990 with a public hearing in order to abate the TOT rate to 8%; and WHEREAS, staff currently recommends that the TOT rate remain at 8%; and WHEREAS, after holding a public hearing on November 20, 1990, to consider abatement of the Transient Occupancy Tax from a rate of 10 percent to 8 percent, Council concurs with the staff recommendation. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby approve abatement of the Transient Occupancy Tax fro a rate of 10 percent to 8 percent for calendar year 1991. Presented by Approved as to form by L3nna~ChrriSO~/phe~t~ Bruce M. Boogaard Director of Finance City Attorney Resolution No. 15956 Page 2 -- PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 20th day of November, 1990 by the following vote: AYES: Councilmembers: Malcolm, Moore, Nader, Cox NOES: Councilmembers: None ABSENT: Councilmembers: McCandliss ABSTAIN: Councilmembers: None Cox, Mayor ATTEST: 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. 15956 was duly passed, approved, and adopted by the City Council of the City of Chula Vista, California, at a regular meeting of said City Council held on the 20th day of November, 1990. Executed this 20th day of November, 1990. Beverly A, Authelet, City Clerk