Loading...
CC Resolution No. 4625 ~ ~ RESOLllTION N0. 4625 A RESOLUTION Oc THE CITY COUNCIL OF TFiE CITY OF CUPERTINO ESTABLISHING THE RATES OF Tt1E EXCISE TA7U ON THE CONSTRUCTION OF IIUILDINGS AND MOSILE HOME LOTS I;IPOSED BT ORDINA.YCE N0. 603, THE (:ONSTRUCTION TAX ORDINANCE OF THE CITY OF CUPERTINO WHEREAS, there has been enacted an ordinance known as the Construction Tax Ordinance of the City of Cupertino by which an excise tax is imposed on the construction of buildings and mobile home lots; and, WliEREAS, the said Construction Tax Ordinance requires [hat the rates of tax so imposed shall be established by resolution duly adopted by the City Council; NOW. THEREFORE, BE IT RESOLVED that the City Council of the City of Cupertino does hereby establish the following rates of tax to be imposed pursuant to the said Construction Tax Ordinance ~nd superseding rates prev- iously established by Resolution No. 3455: 1. For each residential dwelling unit constructed in a development within a dwelling unit density range of 0- 4.4 units per acre $150.00 2. For each residential dwelling unit coastructed in a development with a dwelling unit density range of 4.4 - 7.6 units per acre 130.00 3. For each residential dwelling unit constructed in a development with a dwelling unit density range of ).6 - 10 units per acre 115.00 4. For each residential dwelling unit constrvcted in a development with a dwelling unit density range of . 10 - 12 units per acre 95.00 ~ 5. For each residential dwelling unit constructed in a development with a dwelling uni[ density range of 12 or more units per acre 75.00 6. For each mobile home lot in a mobile home park . 85.00 7. For any building, or portion thereof. planned or designed for business, commercial or industrial uses. or for any use other than a residential d~ell- ing unit as defined in the said Construction Tax Ordinance 0.08 per square foot of floor space ~ ~ PASSED AND ADOPTED at a regular meeting of the City Council of the Ci[y of Cupertino this 20th day of December , 1977, by the following vo[e: Vote Members oE the City Council AYES: Jackson, Meyers, Nellis, 0'Keefe, Frolich NOES: None ABSENT: None ABSTAIN: None APPROVED: . ~~7y/ ~ -~^-C!' Q ~~~Y _ - Mayor, City of Cupertino ATTEST: City Clerk - 2 -