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HomeMy WebLinkAboutAgenda Statement 1977/04/28 Item 04CITY OF CHULA VISTA ITEM N0. . COUNCIL AGENDA STATEMENT ~ " ' ' f'OR MEETING OF: 4 28 77 ITEM TITLE Resolution 8612: Opposing SB 12, Concerning Property Tax Reform SUBMITTED BY~ City Attorney ITEM EXPLANATION The City Council, at its meeting of April 26, 1977, directed a resolution be prepared opposing SB 12, the property tax reform bill presently being supported by Governor Brown. The Legislative Committee has indicated to the Council that said bill is defect- ive in many respects and does not provide alternate revenue sources and would have, in fact, according to the calculations now provided by our Finance Department, resulted in substantial losses in revenue over the past five year period, had it been in effect. The resolution plus the worksheet of the Finance Director have now been prepared and are ready to forward to the Legislature--for the hearings on May 2, 1977. r\/1 11flIT!'~ ATTA/YI Ir11 ~~rn~i I J Hi iHLr-Itu Agreement Resolution X Ordinance Plat Other Environmental Document; Attached Submitted on STAFF RECOMMENDATION: Adopt resolution. BOARD/ COMMISSION RECOMMENDATION COUNCIL ACTION A P P R O V E D by the Citf G'ou.'~~:~1 '- .r i_~''-lia Chula ti~ is:G~~, ~p:..~ Da ................. ....... . Form A-113 (Rev. 5-75)