31 of 1929 - A resolution favoring a compromise of controversy by accepting not-less-than 35% of amount claimed t REMARKS:
Resolution No. 31
By Commissioner Mayor Bowman
Favoring a compromise of
controversy by accepting not 1- s
than 35% of amount claimed to
be impro...9elly assass.ed.
•
VOTING AYE NAY Salt Lake City,Utah, Qot... 16, 19 29.
Burton - - I move that the resolution be adopted.
Fehr - - -
Finch - -
Moran -
Mr.Chairman - V
Result - - �{ /
SOLUTION
WHEREAS, a controversy has arisen between the various
banking institutions of Salt Lake City and the tax collecting
agencies of Salt Lake County with reference to the validity of
the assessment of the banks for taxation purposes; and
WHEREAS, said controversy in various forms has reached
the courts, both Federal and State; and
WHEREAS, it is believed that a portion of said assess-
ment is void and unconstitutional, and a proper and reasonable
settlement of said controversy should be effected;
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners
of Salt Lake City that Salt Lake City favors a compromise of said
controversy by accepting from said banks not less than thirty-five
percent (35%) of the amount claimed by said banks in said litiga-
tion to be improperly assessed.
40,9
Passed by the ward. o Commissioners of Salt Lake City,
Utah, this I$ day of l ' _, 1929.
Mayor. - -- —
City Recorder.