HomeMy WebLinkAboutCity Council Resolution 06-022RESOLUTION NO 06-022
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SARATOGA TO FORM A
TAX EQUITY RECOVERY (TEA) ADHOC COMMITTEE
WHEREAS, Tax Equity Allocation (TEAR) legislation was passed in the late 1980's to
provide relief for smaller cities which historically taxed their citizens at a lower rate. These
cities were called "low/no tax cities; and
WHEREAS, in Santa Clara County, low/no tax cities aze: Saratoga, Cupertino, Los
Altos Hill, and Monte Sereno are TEA cities; and
WHEREAS, due to an amendment which limited the four low/no tax cities in Santa
Clara to 55% of what other low/no tax cities in the state received. Because of this and the
increased financial stress the four cities are under, it is now time to rectify this inequity and allow
low/no tax cities in Santa Clara County to participate in TEA as the same context as other
quailed cities in the state; and
WHEREAS, Sazatoga, Cupertino, Los Altos Hill, and Monte Sereno recently entered
into a professional services contract with Greg Sellers to provide support for passage of State
Legislation. AB 117 was introduced as a place holder in January and will move forwazd for
hearings if the Board of Supervisors support TEA Reform Proposal on Febrnazy 28, 2006; and
WHEREAS, because of the importance of this issue to the City the formation of a Tax
Equity Recovery (TEA) AdHoc Committee has been deemed necessary and Council hereby
appoints Mayor Norman Kline and Councilmember Kathleen King to serve on this committee.
PASSED AND ADOPTED by the City Council of the City of Saratoga, State of California, on
this 1st day of March 2006 by the following roll call vote:
AYES: Councilmembers Kathleen King, Nick Streit, Ann Waltonsmith,
Vice Mayor Aileen Kao, Mayor Norman Kline
NOES: None
ABSENT: None
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No line, Mayor
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