HomeMy WebLinkAbout08-082 CC Resolution' RESOLUTION NO. OS-82
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TEMECULA TO OPPOSE ANY ACTION BY THE
STATE OF CALIFORNIA TO BORROW OR TAKE LOCAL
GOVERNMENT FUNDS, SUCH AS, PROPERTY TAX,
PROPOSITION 42, OR REDEVELOPMENT FUNDS.
THE CITY COUNCIL OF THE CITY OF TEMECULA DOES HEREBY RESOLVE
AS FOLLOWS:
WHEREAS, the City of Temecula has just been informed of the Legislature
contemplating a vote to borrow and/or take away Property Tax, Proposition 42, and
Redevelopment Funds ;and
WHEREAS, such action would greatly affect the City of Temecula revenues and
the estimated maximum exposure equals $3,545,605 annually; and
WHEREAS, the loss of these revenues would affect the City's ability to provide
necessary public services; and
WHEREAS, Redevelopment provides valuable economic stimulus and, in a
' typical year, redevelopment investments generate approximately $32 billion in total
economic activity, nearly $1.6 billion in state and local taxes, and support 310,000 jobs,
mostly in construction; and
WHEREAS, it is imperative to send a strong message to the Legislature; and
WHEREAS, Cities and Counties cannot pay for the State's budget problems; and
WHEREAS, the State of California needs to fix their budget problem on their own
with their own funds; and
NOW THEREFORE BE IT RESOLVED that the City of Temecula opposes any
action by the State of California to borrow or take local government funds of any kind,
including property tax revenue, Proposition 42 funds, and Redevelopment Funds.
R:/Resos 2008/Resos OB-82
PASSED, APPROVED, AND ADOPTED by the City Council of the City of
Temecula this 12th day of August, 2008.
C A `~
M /VI/Y_//~/VA~s ichael S. Naggar, Mayor
ATTEST:
'~~ U/
Susan .Jones, MMC
City Cle ~
R:/Resos 2008/Resos OS-82
' STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
I, Susan W. Jones, MMC, City Clerk of the City of Temecula, do hereby certify that
the foregoing Resolution No. 08-82 was duly and regularly adopted by the City Council of
the City of Temecula at a meeting thereof held on the 12th day of August, 2008, by the
following vote:
AYES: 4 COUNCIL MEMBERS: Comerchero, Edwards, Washington,
Naggar
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 1 COUNCIL MEMBERS: Roberts
ABSTAIN: 0 COUNCIL MEMBERS: None
~ ,
Susan W Jones, MMC
City Clerk
R:/Resos 2008IResos 08-82 3