Loading...
HomeMy WebLinkAbout2004-07-27; City Council; 17729; Business License Tax Refund Monterey Bay ClothingAB# 17,729 DEPT HI: TITLE: REFUND TO MONTEREY BAY CLOTHING RECOMMENDED ACTION: MTG. 07-27-04 DEPT. FIN Adopt Resolution No. 2004-249 authorizing a refund to Monterey Bay Clothing Company, LLC of $5,887.05 in business license tax. COMPANY, LLC FOR BUSINESS LICENSE TAX ITEM EXPLANATION: Monterey Bay Clothing Company, LLC ceased conducting business in the City of Carlsbad after the company paid its business license tax for the year. They have requested a refund for the period of time after they stopped conducting business in Carlsbad. The Finance Department 1) confirmed the date Monterey Bay Clothing Company, LLC ceased conducting business in the City; 2) audited the refund request by reviewing Monterey Bay Clothing Company, LLC's financial statements for the period of the business license tax payment and confirming the refund amount; and 3) verified that the new company (Monterey Bay Clothing Company, Inc.) had applied and paid for a business license with the City. Section 5.04.130 of the Carlsbad Municipal Code requires Council approval of any refund in excess of $500. Therefore, staff is recommending approval of a refund to Monterey Bay Clothing Company, LLC for $5,887.05. FISCAL IMPACT: The refund will result in a $5,887.05 refund. As the new owner has paid its business license tax, there is no further fiscal impact. EXHIBIT: 1. Resolution' No. Company, LLC. 2004-249 authorizing a refund of business license tax to Monterey Bay Clothing DEPARTMENT CONTACT: Colette Wengenroth, (760)602-2430; cweng@ci.carlsbad.ca.us 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 2; 22 23 24 25 26 27 28 Exhibit 1 RESOLUTION NO. 2004-249 A RESOLUTION OF THE CITY OF CARLSBAD, CALIFORNIA, REFUNDING BUSINESS TAX PAYMENT TO MONTEREY BAY CLOTHING COMPANY, LLC WHEREAS, Monterey Bay Clothing Company, LLC ceased doing business in the City of Carlsbad and the company has requested a refund for the period of time after they stopped conducting business in the City; and WHEREAS, the Finance Department confirmed the date Monterey Bay Clothing Company, LLC ceased doing business in the City, and audited and verified the refund amount. NOW, THEREFORE, BE IT RESOLVED, SECTION 1. That the above recitals are all true and correct. SECTION 2. That a refund of business license tax of $5,887.05 to Monterey Bay Clothing Company, LLC is authorized. PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad City Council held on the 27th day of July , 2004 by the following vote, to wit: AYES: Council Members Lewis, Finni NOES: None ABSENT: None ATTEST: LORRAINE M. W (SEAL) 2