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HomeMy WebLinkAbout26-06 • RESOLUTION NO. ?-06 A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS IN SUPPORT OF AB117 WHEREAS, the Town of Los Altos Hills has received only 55% of its property tax funding due to a legislative agreement put in place in 1988; and WHEREAS,the Town of Los Altos Hills has had to cut back services vital to the community due to budget shortfalls; and WHEREAS, the Town of Los Altos Hills deserves the same level of funding as every other city in the state of California; and WHEREAS, Assembly Bill 117 (Cohn) will restore full property tax Tax Equity Allocation(TEA) funding to the Town of Los Altos Hills. NOW, THEREFORE BE IT RESOLVED: that the City Council of the Town of Los Altos Hills does hereby support AB117 (Cohn). The above and foregoing resolution was passed and adopted by the City Council of the Town of Los Altos Hills at a regular meeting held on the 27th day of April, 2006 by the following vote: AYES: Mayor Kerr, Mayor Pro Tem Warshawsky, Councilmember Jones Councilmember Mordo and Councilmember O'Malley NOES: None ABSTAIN: None ABSENT: None By ✓( Breen ` rrr,Mayor AT : ' , Karen Jost;�,k