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gY: Brown, Chinnock, Gallagher> <br /> Graham, McBride, Salmon' <br /> Wendt ~ adopt i s1 a al c° <br /> o <br /> T ION NO . 5647 1 eg . <br /> <br /> RESOLD mun~cip <br /> General Assembly t0 use of <br /> the <br /> TION ur9in~stateOTaxes available for <br /> Ohio General As result <br /> A RESOLD of Ohio would <br /> share before the t form> <br /> increase the ending resen <br /> porations. there is currently adopted 'n its p be aP" <br /> 18 which, 7f ted to <br /> WHEREAS= gill estima loss <br /> Senate revenues, and revenues is resentin9 a <br /> Substitute estate tax estate tax 1g83> rep <br /> and <br /> in decreased said reduction and $i4 m~11i30 percent> estate <br /> WHEREAS>. 1982 ercent and 50 percent of <br /> $12 m~11'10n between 25 P receabout $500,000 annually> <br /> proximately revenue of law, municipal averages budget, and <br /> in estate tax resent of the ewood eneral {und will <br /> under Pthe City City s g tax revenue <br /> WHEREAS., ercent of estate <br /> which, for loss of as well arev n es <br /> tax revenueately five X51 p t to 30 percent of Lakewood> <br /> or approx~m a 25 percen the C~tY f acing a reduction of <br /> WHEREAS, burden on cities are therefore= OHIO <br /> financial when all now, STATE OF <br /> a substantial t7me. roblems> <br /> place alities> at a and fiscal p OF THE CITY OF LAKEWOOO' is adopted <br /> Ohio municlp budgetary gill 18 es <br /> with resultant THE COUNCIL Senate stron9lY ;table <br /> Substitute Ohi°=Taxes ava <br /> BE IT RESOLVED 8Y thof thetC~tY of Lakewood Estate Code> Section <br /> That> >n. f Oh10 Revised for the use <br /> Council the shareding Ohio <br /> Section 1' amen revenue shall be <br /> t form, the Increase <br /> in its,pr General Assembly t0 orations by ;zed <br /> the Oh~O of municipal corercent of estat or~ginates• author <br /> which tax hereby Gillmor, <br /> and she is <br /> for the to eprovide toaation P n the Paul E. <br /> 5731.48 core That oeSCounc~l b Resef ut~on t0 House of Repre- <br /> of the munic~Pal the Clerk of this the Ohio Francine <br /> S estate Representative <br /> SectionfQ ward certl Vera G pRiffe> p <br /> Ohio SenatePaul R. Matia and <br /> and directed the $enator <br /> President ° State <br /> sentatives> C'~ <br /> Panehal. <br /> R EN y. <br /> I 2 <br /> Adopted <br /> CL RK C ` ~ <br /> O <br /> Approved: / ~ Z- <br /> <br />