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Resolution - 9609• RESOLUTION NO. 9609 A RESOLTUION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, SUPPORTING THE PROPOSED REFUNDABLE TAX CREDIT OR REBATE RELATING TO THE VEHICLE LICENSE FEE. WHEREAS, the Vehicle License 'Fee provides a major source of discretionary funding to California cities and counties; and WHEREAS, those discretionary funds are used primarily to support police and fire services; and WHEREAS, California cities are still recovering from the loss of local property tax revenues that were taken away from cities by the state during the 1990's; and WHEREAS, the City of West Covina supports legislative efforts to provide taxpayer relief without impacting local government funding; and WHEREAS, the proposed refundable tax credit or refund relating to the vehicle license fee gives taxpayers relief from the vehicle license fee without disturbing the discretionary funding cities receive from the fee. NOW, THEREFORE, the City Council of the City of West Covina does resolve as follows: SECTION 1. The City Council has reviewed the proposed state income tax credit relating to the Vehicle License Fee and is in support of such a proposal, which will allow taxpayers to receive tax relief without impacting an important source of local funds. SECTION 2. The City Clerk shall certify to the adoption of this resolution. APPROVED AND ADOPTED this 4th ATTEST Janet Berry City Clerk I HEREBY CERTIFY that the foregoing Resolution No. 9609 was duly adopted by the City Council of the City of West Covina at the regular meeting thereof held on the 41" day of August, 1998, by the following vote of the Council: AYES: Howard, Wong, Melendez NOES: Herfert, Touhey ABSENT: None ABSTAIN: None J vevl- Janet Berry City Clerk Approved as to form: Elizdbeih Martyn City Attorney