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R-7493 ~ . e FD:RB:mp:ilsc Council Meeting: September 8, 1987 Santa Monica, California RESOLUTION NO. 7493(CCS) (City council Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA SETTING INCOME LIMITS FOR SENIOR CITIZENS UTILITY TAX EXEMPTION PROGRAM ELIGIBILITY WHEREAS, the purpose of Article VI, Chapter 6A, Section 6633 of the Santa Monica Municipal Code is to provide a Utility Tax Exemption to citizens of Santa Monica who are sixty-two years of age or older, or who are disabled, WHEREAS, one of the means to achieve this purpose includes ensuring that the maximum gross household income limit for exemption eligibility be a reasonable amount in terms of the present economy. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. The maximum dollar amount of gross household income for single person households for purposes of Senior Citizen utility Tax Exemption Program eligibility shall be Thirteen Thousand Five Hundred Eighty-Five Dollars ($13,585). SECTION 2. The maximum dollar amount of gross household income for households of two or more persons for purposes of - 1 - e e Senior Citizen utility Tax Exemption Program eligibility shall be Fifteen Thousand Five Hundred Sixty-Seven Dollars ($15,567). SECTION 3. On July 1, 1988 and in subsequent years on the same date thereafter, the maximum dollar amounts of gross household income for single and two or more person households for purposes of Senior citizen utility Tax Exemption eligibility as set forth in Section I shall be adjusted by the Los Angeles - Riverside - Anaheim Consumer Price Index for Wage Earners and Clerical Workers (CPI-W) for the previous !1alendar year. SECTION 4. The City Clerk shall certify to the adoption of this resolution, and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM: ~ "- ~ '---'x-. ROBERT M. MYERS t.) City Attorney - - 2 - e e Adopted and approve 8th day of September, 1987. Mayor I hereby certify that foregoing Resolution No. 7493 (CCS) was duly adopted by the city the City of Santa Monica at a meeting thereof held on September 8, 1987 by the following Council vote: Ayes: Councilmembers: Finkel, Jennings, A. Katz, H. Katz, Reed, Zane, Mayor Conn Noes: Councilmembers: None Abstain: Councilmembers: None Absent: Councilmembers: None ATTEST: ~~ City Clerk