HomeMy WebLinkAboutCity Council - 2859 RESOLUTION NO. 2859
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF HUNTINGTON BEACH SUPPORTING PROPOSITION
1A, PROVIDING TAX RELIEF TO HOMEOWNERS AND
RENTERS
WHEREAS, Proposition 1A would, if adopted, establish a
homeowners ' tax exemption of not less than $750 of assessed
valuation for each dwelling occupied by an owner as his place
of residence, and further provide that resultant loss of
property tax revenue to each county and city shall be reim-
bursed by the state; and
Senate Bill No. 8, which will become effective only
upon adoption of Proposition 1A, would exempt household goods
and personal effects from property taxation commencing July 1,
1969 , and would exempt fifteen percent (15%) of the value of
business inventories from property taxation commencing July 1,
1969 ; and
Senate Bill No. 8 will also provide tax relief to persons
who rent their residences by allowing an increase in the stand-
ard deduction from the state income tax; and
The City Council declares that Proposition 1A is a signi-
ficant step toward much-needed tax reform,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Huntington Beach that it does strongly support Proposition
1A, appearing on the ballot for the November 5, 1968 election,
PASSED AND ADOPTED by the City Council of the City of
Huntington Beach at a regular meeting thereof held on the 21st
day of October, 1968 .
Mayor
ATTEST:
City Clerk
Res. No. 2859
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2 STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss :
3 CITY OF HUNTINGTON BEACH )
4 I , PAUL C. JONES, the duly elected, qualified and
5 acting City Clerk of the City of Huntington Beach, and ex-
6 officio Clerk of the City Council of said City, do hereby
7 certify that the whole number of members of the City Council
8 of the City of Huntington Beach is seven; that the foregoing
9 resolution was passed and adopted by the affirmative vote of
10 more than a majority of all the members of said City Council
11 at a regular meeting thereof held on the 21st
12 day of October , 19 68 , by the following vote :
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14 AYES: Councilmen:
15 Shipley, Bartlett, McCracken, Kaufman, Matney,
Green, Coen
16 NOES: Councilmen:
17 None
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ABSENT: Councilmen:
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None
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21 -e (z
City Clerk and x-officio Clerk
22 of the City Council of the City
of Huntington Beach, California
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