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Resolution - 6165.. RESOLUTION NO. 6165 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST • COVINA, CALIFORNIA SUSPENDING ANY INCREASE IN THE AMOUNT OF CHARGES RELATING TO BUSINESS LICENSE TAX ORDINANCE NO. 1385 EQUAL TO THE INCREASE OF THE BASE INDEX IN THE THEN LATEST AVAILABLE CONSUMER PRICE INDEX FOR THE FISCAL YEAR 1980-81 WHEREAS, the City Council of the City of West Covina under Ordinance No. 1385, Section 3, applies the Consumer Price Index as prepared and released by the Federal Government or any other government agency for the Los Angeles/ Long Beach area with the month of June 1978 as the base index to increase or decrease the rate as of July 1 of each year annually; and WHEREAS, the suspension of a portion of said taxes in Resolution No. 5944 shall terminate as of December 31, 1980, at which time the Resolution shall no longer be of any force and effect and the full amount of said taxes shall automatically be reinstated; and WHEREAS, the City Council has determined that reinstated rates as of July 1, 1979 bear a reasonable relationship to the cost of the service for 1980-81. NO1, THEREFORE, the City Council of the City of West Covina does resolve as follows: SECTION 1. The tax imposed by Section 1 of the Ordinance No. 1385 • shall be in effect for the calendar year commencing on January 1, 1981 and will not be increased as of January 1,. 1981 in an amount equal to the increase from July 1, 1979 to the latest available Consumer Price Index per Section 3 of Ordinance No. 1385. SECTION 2. Section 1 of this Resolution shall not alter the base year or prior year adjustments for increasing or decreasing the rate in subsequent years as provided in Section 3 of the Ordinance No. 1385. SECTION 3. That this Resolution shall become effective immediately upon its adoption. 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 28thday of July , 1980. ATTEST: City Clerk I HEREBY CERTIFY that the foregoing Resolution No 61 6 5 Was duly adopted by the City Council of the City of West Covina at a regular meeting, thereof held on the 2 8th day of July 1980, by the following vote of the Council: AYES: Tennant, Tice, Shearer, Browne • NOES: None ABSENT: Chappell APPROVED AS TO FORM: C,:P.L ."' . City Attorney • U City Clerk