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HomeMy WebLinkAboutCity Council - 3773 RESOLUTION NO. 3773 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH APPROVING SETTLEMENT OF A DISPUTED TAX PAYMENT BY SIGNAL OIL AND GAS COMPANY WHEREAS, a dispute exists between the Signal Oil and Gas Company and the City of Huntington Beach as to their respective rights and liabilities in regard to Signal Oil and Gas Company ' s payment to the City of their oil production license tax for the period of July 1, 1972 to August 3 , 1972 ; and WHEREAS, said dispute involves questions as to whether the tax was validly applied for said period, which dispute involves the sum of $23,000 . 00; and WHEREAS, Signal Oil and Gas Company has filed numerous claims against the City for refund of the total license fee on the grounds that Article 215 of the Huntington Beach Ordinance Code is void; and WHEREAS, the City of Huntington Beach contends that the ordinance is valid; and WHEREAS, the parties are desirous of settling this matter, NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby approve that certain settlement agreement between said Signal Oil and Gas Company and the City of Huntington Beach authorizing the City to refund to Signal Oil and Gas Company a portion of the amount of taxes paid toward the disputed period, said portion to be in the amount of $21,000 .00 and hereby authorizes the Mayor and City Clerk -1- MHM,k to execute said settlement agreement . PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 1st day of October, 1973 • 90AAi. �� lr'% — yor ATTEST : APPROVED AS TO FORM: ��'I" CSC%le•�� City Clerk City At ey -2- Res. No. 3773 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, ALICIA M. WENTWORTH, the duly appointed, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing resolution was passed and adopted by the affirmative vote of more than a majority of all the members of said City Council at a regular meeting thereof held on the lst day of October , 19 73 by the following vote: AYES: Councilmen: Shipley, Bartlett, Gibbs, Green, Coen, Duke, Matney NOES: Councilmen: None ABSENT: Councilmen: None City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California