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HomeMy WebLinkAbout84-61 jl I, �i I 1 RESOLUTION NO. 84-61 2 RESOLUTION OF THE CITY COUNCIL, CITY OF UKIAH PLEDGING FUTURE SALES TAX REVENUES TO OFF SET 1` LAND USE TAX FOR PROPOSED AFSS FACILITY I l.� WHEREAS, the Ukiah City Council has unanimously approved a proposal to the Federal Aviation Administration (FAA) to design and construct a facility at Flight Service Station (AFSS) the Ukiah Airport to house a new Automated Fli i P g {I i 81{ and; WHEREAS, said AFSS facility is to be constructed from revenues under a Land 10 I Use Tax Initiative measure designated Proposition C on the June, 1984 I i 11 ballot, and; I 12 WHEREAS, by mutual agreement between the City of Ukiah and the FAA, the 13 newly constructed facility will be leased to the FAA for a consideration of I 14 one dollar ($1 .00) per annum, and; it 15 WHEREAS, it is the intent of the Initiative to create a favorable economic 16 incentive to draw new revenues into the area, and; 17 WHEREAS, if successful, the establishment of the AFSS will attract new is residents, new businesses, and increased sales tax revenues to the City of 19 Ukiah; 20 NOW, THEREFORE, BE IT RESOLVED, That the Land Use Initiative Tax Revenues 21 (property tax) be offset by Sales Tax Revenues if and when the following j i 22 conditions prevail: I 23 1) Sales tax revenues within the City of Ukiah exceed a predetermined 2A minimum level. The minimum level will be the actual prior fiscal year 25 receipts increased by a percent based on the average increase of the 26 past ten years. I 27 Z) An amount not to exceed $60,000 annually be drawn from sales tax 28 revenues as these revenues exceed the established minimum level. t I � I 1 3) Revenues beyond the maximum $60,000 would continue to the City for 21 general use. 3 i 4 5 PASSED AND ADOPTED this 16th day of May, 1984, by the following roll call 61 vote: 71 8I AYES: Councilmembers Dickens, Hickey, Myers and Mayor Kelley 9 NOES: Councilmember Feibusch 10 ABSENT: None 11 12 13 Mayor �- 0 14 15 ATTEST: 16 18 City Clerk 19 20 21 22 23 24 25 26 27 28 i