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HomeMy WebLinkAboutReso 1991-16404 RESOLUTION NO. 16404 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 1992 The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, at its meeting of October 25, lg90, 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, at its meeting of November 20, lg90, the City Council held the first abatement hearing and set a TOT rate of eight percent for calendar 1991, the same rate it has been since lg78; and, WHEREAS, the City Council, at a public hearing held on November 5, 1991, 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 abatement of the Transient Occupancy Tax from a rate of ten percent to eight percent for calendar year 1991. Presented by App d as to by Lyman Christopher / ' ruce M. Boogaard Director of Finance ~ity Attorney Resolution No. 16404 Page 2 PASSED, APPROVED and ADOPTED by the City Council of the City of Chula Vista, California, this 5th day of November, 1991, by the following vote: YES: Councilmembers: Grasser Horton, Malcolm, Moore, Nader Rindone NOES: Councilmember: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None . Tim Nader, 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. 16404 was duly passed, approved, and adopted by the City Council held on the 5th day of November, 1991. Executed this 5th day of November, 1991. ~verly A./~the~et, City Clerk