Loading...
HomeMy WebLinkAboutReso - CC - 083-2009RESOLUTION NO. 83-2009 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME APPROVING AND AUTHORIZING THE FINANCE DIRECTOR TO EXECUTE AN AGREEMENT WITH THE CALIFORNIA STATE FRANCHISE TAX BOARD FOR THE PURPOSE OF EXCHANGING AND SHARING BUSINESS TAX DATA WHEREAS, California Revenue and Taxation Code (R&TC) Section 19551 requires cities to provide the Franchise Tax Board (FTB) business tax data and also authorizes the City to enter into a reciprocal agreement with the FTB for the exchange of city business license tax and income tax information between a city and the FTB for tax administration purposes; and WHEREAS, under the terms of the agreement, the City and the FTB shall each bear their own respective costs for the production of the information which they will share with the other entity; and WHEREAS, the City desires to enter into this tax data sharing and exchange agreement with the FTB in order to comply with the requirement of the Revenue and Taxation Code and in order to more effectively and efficiently administer the City's business license tax regulations; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BURLINGAME RESOLVES AS FOLLOWS: 1) All of the facts recited above and in the staff report are true and correct. 2) The City Council approves the agreement between the City of Burlingame and the California State Franchise Tax Board, in the form attached hereto as Exhibit "A". 3) The Finance Director/Treasrrrer is authorized to execute said agreement with the California State Franchise Tax Board. Ann Kei r an, Mayor I, Mary Ellen Kearney, Clerk of the City of Burlingame, hereby certify that the foregoing Resolution was duly and regularly introduced and adopted at a regular meeting of the San Rafael City Council held on the 17`h day of August, 2009, by the following vote to wit: AYES: Councihnembers BAYLOCK, DEAL, KEIGHRAN, HAZEL, O'NAHONY NOES: Councilmembers: NONE ABSENT: Councihnembers: NONE A KJ\ Mary E116 Kearney, City Clerk