RES-8092 Urging Federal Action to Mitigate Costs Stemming From the Aerospace DecisionRESOLUTXON NO. 8092
A RESOLUTXON OF THE CXTY COUNCXL 01' THB
CXTY 01' ORANGB URGXNG I'EDERAL ACTXON TO
MXTXGATE THE COSTS TO CALXFORNXA STATE
AND LOCAL GOVERNMENTS STBMMXNG FROM THE
AEROSPACE DECXSXON
WHEREAS, the California Courts upheld the claim of a
consortium of aerospace companies for a refund of state and local
sales tax funds; and
WHEREAS, the amount of the initial claims is approaching $1
billion and a subsequent action may double that amount; and
WHEREAS, payment of these refunds will be deducted directly
from sales tax revenue paid to state and local governments; and
WHBREAS, California is in the midst of a severe economic
recession and government budgets at all levels are in crisis; and
WHBREAS, the ultimate beneficiary of the aerospace refund is
the Federal Government; and
WHEREAS, the Federal Government has the authority in various
ways to forgive or mitigate these costs to state and local
governments.
NOW, THBREFORE, BE XT RESOLVED that the City Council of the
city of Orange urges the President of the United states and
responsible Federal officials to recognize the severe economic
hardship to the people of California created by the aerospace
refund and to take appropriate actions to forgive, or mitigate
the costs thereof.
ADOPTBD this 13th
ATTEST:
M ()e#4t/~/
City Cle~ of h~ity of Orange
I hereby certify that the foregoing Resolution was duly and
regularly adopted by the City Council of the city of Orange at a
regular meeting thereof held on the ~ day of October ,
1992, by the following vote:
AYES: COUNCILMEMBERS: STEINER, BARRERA. MAYOR BEYER, COONTZ, SPURGEON
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
1JU!:1~~ () /JI7AM~
CJ.ty Cler f tlie cay of Orange
Reso No. 8092 2-RDH:dg