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95-081 RESOLUTION NO. 95R-81 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM OPPOSING MEASURE R, AN ORANGE COUNTY HALF- CENT SALES TAX INCREASE THAT ORANGE COUNTY VOTERS WILL CONSIDER ON THE JUNE 27, 1995 BALLOT. WHEREAS, the County of Orange through investment practices of its Treasurer, lost nearly $1.7 billion which was deposited in the Orange County Investment Pool; and WHEREAS, the County of Orange filed Chapter 9 Bankruptcy on December 6, 1994; and WHEREAS, in an effort to increase revenue to the County and to other pool participants, the County has called a special election to place Measure R on the June 27, 1995 ballot; and WHEREAS, Measure R would increase the sales tax burden on the citizens of Orange County an additional one-half percent; and; WHEREAS, the measure would raise the sales tax in Orange County to 8.25 percent, among the highest in the State; and WHEREAS, the annual cost to Anaheim Taxpayers of a one- half cent sales tax will exceed $17 million and the total cost to Anaheim Taxpayers if Measure R passes will be in excess of $170 million; and WHEREAS, Anaheim has already received over 76 cents on the dollar of its investment of $169.5 million; and WHEREAS, the City Council of the City of Anaheim believes its citizens are already taxed too much, and does not want the County to burden the citizens and businesses of Anaheim with a 10 year, $170 million additional sales tax. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ANAHEIM DOES HEREBY RESOLVE AS FOLLOWS; 1. That the City Council of the City of Anaheim opposes Measure R and does not support an increase in the County sales tax of one-half percent. 2. That the City Council of the city of Anaheim urges the County of Orange to pursue other solutions to its recovery other than a tax increase. The City Council of the City of Anaheim supports the County of Orange in its efforts to develop an alternative solution. THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim this 23rdday of May, 1995. MAY~OF THE TY O~~A~EIM ATTEST: CITY CLERK OF THE CITY OF ANA} 12156.1\JWHITE\Ma¥ 23, 1995 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No, 95R-81 was introduced and adopted at a regular meeting provided by law, of the Anaheim City Council held on the 23rd day of May, 1995, by the following vote of the members thereof: AYES: MAYOR/COUNCIL: Tait, Lopez, Zemel NOES: MAYOR/COUNCIL: None ABSENT: MAYOR/COUNCIL: None ABSTAINED: ~AYOR/COUNCIL: Feldhaus, Daly AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said Resolution No. 95R-81 on the 23rd day of May, 1995. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 23rd day of May, 1995. CITY CLERK OF THE CITY OF ANAHEIM (SEAL) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 95R-81 was duly passed and adopted by the City Council of the City of Anaheim on May 23rd, 1995. CITY CLERK OF THE CITY OF ANAHEIM