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CC Resolution No. 06-063 RESOLUTION NO 06-063 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING SUPPORT OF AB 117 (COHN) TO RESTORE FULL PROPERTY TAX TEA FUNDING TO THE CITY OF CUPERTINO WHEREAS the City of Cupertino received only 55% of its property tax funding due to a legislative agreement put in place in 1988; and WHEREAS the City of Cupertino has had to cut back services vital to the community due to budget shortfalls; and WHEREAS the City of Cupertino 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 TEA funding to the city of Cupertino; NOW, THEREFORE, be it resolved that the City of Cupertino does hereby support AB 117 (Cohn). PASSED AND ADOPTED at a regular meeting ofthe City Council of the City of Cupertino this 4th day of April 2006 by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Lowenthal, Wang, Kwok, Mahoney, Sandoval None None None ATTEST: APPROVED: . ~ Ci~' ~~ Mayor, City of Cupertino