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HomeMy WebLinkAbout68-40 - Urging Tax Exemption for Public FacilitiesRESOLUTION N0. 68-40 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, URGING SUPPORT OF ASSEMBLY BILLS 16o4 AND 1474 EXEMPTING NON-PROFIT CORPORATION FINANCED PUBLIC FACILITIES FROM TAXATION. WHEREAS, non-profit corporation financing on the lease -purchase plan has made possible the construction of many outstanding public facilities in California; and WHEREAS, the City of Costa Mesa has been enabled to provide its citi- zens with a needed City Administration Building, Police Facility, Fire Station, and Municipal Golf Course through non-profit corporation funding; and WHEREAS, an attempt is now being made to assess such non-profit cor- porations, and the burden of such taxation would fall directly upon the City under the terms of the lease -purchase agreements; and WHEREAS, this Council believes such assessment is an unjustified and crippling deterrent to the development and construction of necessary public facilities throughout the State; and WHEREAS, Assembly Bills 1604 and 1474 would provide protection and exemp- tion from taxation of public facilities by declaring such non-profit corporations to be charitable agencies; NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Costa Mesa, that every effort should be made to secure the adoption of said Assembly Bills 1604 and 1474 by the State Legislature; and BE IT FURTHER RESOLVED, that certified copies of this Resolution are hereby directed to be transmitted to the legislators from this area and the sponsors of the Assembly Bills. PASSED AND ADOPTED this 20th day of May, 1968. Mayor of the City of Costa Mesa ATTEST: City Clerk of the City of Costa Mesa STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS. CITY OF COSTA MESA ) I, C. K. PRIEST, City Clerk of the City of Costa Mesa and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and foregoing Resolution No. 68-40 was duly and regularly passed and adopted by the City Council of the City of Costa Mesa at a regular meeting held on the 20th day of May, 1968. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa, this 20th day of May, 1968. City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa