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Resolution No. 4781460 RESOLUTION NO. 4781 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS TO AUTHORIZE THE CITY COUNCIL TO REVIEW CONFIDENTIAL RECORDS RELATING TO SALES AND USE TAX INFORMATION FROM THE STATE BOARD OF EQUALIZATION OF THE STATE OF CALIFORNIA UNDER CERTAIN PARAMETERS WHEREAS, the State Board of Equalization of the State of California does maintain certain records and other information pertaining to the City of Cypress and sales and use tax collected; and WHEREAS, the information concerning sales and use taxes generated by City businesses is excluded from disclosure under the Public Records Act; and WHEREAS, information obtained from sales tax records shall only be used for the purposes related to the collection of local sales or use taxes or for purposes related to other governmental functions of the City set forth by a resolution, WHEREAS, from time to time the City Council may need general information on sales or use tax to make policy decisions regarding business retention, economic development and the general financial health of the City; and WHEREAS, the information will only be provided under the following parameters: 1) Approximate Sales and Use Tax dollar information be restricted to the top 10 producers, plus any business that has received benefits from the City contingent on Sales Tax payments to the City. 2) Data does not leave the room but stay in custody of the City Manager or Director of Finance. 3) All Council Members reviewing the confidential sales tax data sign a "Will not discuss this data with any person not authorized to have it" each time data is reviewed. 4) Penalty for improper disclosure will be specified and acknowledged by signature of each Council Member at each sales tax review. 5) The City Manager with the advisement of the City Attorney may decide if a Conflict of Interest exists with a Councilmember. 6) Sales and Use Tax generated by businesses will be provided within ranges of $100,000. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Cypress be authorized to review sales and use tax information from the State Board of Equalization of the State of California and that the State Board of Equalization of the State of California is hereby authorized to disclose to the City Council of the City of Cypress such records or other information maintained by the Board regarding the sales and use taxes collected for the City of Cypress, in accordance with the limitations set forth herein and above. PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 14th day of April, 1997. c MAYOR OF THE CITY OF C PRESS ATTEST: Oki-o:_s, V ' . 44-La- CITY LERK OF THE CITY OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE )SS 461 I, LILLIAN M. HAINA, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 14th day of April, 1997, by the following roll call vote: AYES: 3 COUNCIL MEMBERS: Jones, Keenan and Carroll NOES: 2 COUNCIL MEMBERS: Bowman and Piercy ABSENT: 0 COUNCIL MEMBERS: None CITY CLERK OF THE CITY OF CYPRESS