Resolution - 6162RESOLUTION NO. 6162
A RE,SOLUTION OF THE CITY COUNCIL OF THE CITY OF
• WEST COVINA, CALIFORNIA SUSPENDING A PORTION OF,
THE BUSINESS LICENSE TAXES IMPOSED ON OFFICE AND
CC M'lERCIAL RENTALS
WHEREAS, Ordinance No. 1391 of the City of West Covina, California pro-
vides that the City Council may suspend all or part of the Business License
Taxes on Office and Commercial Rentals via adoption of a Resolution; and
WHEREAS, the City Council does find it appropriate to suspend a portion
of subject Business License Taxes specified in Ordinance No. 1391; and
WHEREAS; the portion of said taxes in Resolution No. 5949 were suspended
and shall terminate as of June 30, 1980, at which time the Resolution shall no
longer be of any force and effect and the full amount of said business license
taxes for Category A-11 imposed under Ordinance No. 1391 shall automatically be
reinstated;
NOW, THEREFORE, the City Council of the City of West Covina does resolve
as follows:
SECTION 1. That a portion of said Business License Tax for Category
A-11 under Ordinance No. 1391 to wit:
$10.00 per $1,000.00 or fraction thereof for the second $5,000.00 of
rental revenues, plus $5.00 per each additional $1,000.00 of rental revenues
• or fraction thereafter shall be suspended.
SECTION 2. That this Resolution shall became effective immediately upon
its adoption.
SECTION 3. That the portion of said taxes herein above suspended shall
terminate as of December 31, 1981, at which°time this Resolution shall no longer
be of any ford and effect and the full amount of said business.license taxes
for A-11 imposed under Ordinance No. 1391 shall automatically be reinstated.
SECTION 4. That the City Clerk shall certify to .the adoption of this
Resolution and cause the same to be published in the manner required by law.
APPROVED and ADOPTED this 98th day of July 1980.
�t.
Mayor
. ATTEST:
4 �A 19
City Clerk
I HEREBY CERTIFY, that the foregoing Resolution No 6162 Was duly
adopted by the City Council of the City of West Covina at a regular meting
thereof held on the 28th day of July 1980 by the following
vote of the Council:
• AYES: Tice, Shearer, Browne
NOES: None
ABSENT: Chappell
ABSTA0,ED: Tennant
APPROVED AS TO FORM:
•
City Attorney
•
City Clerk