Resolution - 6187RESOLUTION NO. 6187
• A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA,
CALIFORNIA SUSPENDING A PORTION OF THE BUSINESS LICENSE TAXES
IMPOSED ON OFFICE AND COMMERCIAL RENTALS.
WHEREAS, Ordinance No. 1391 of the City of West Covina, California
provides 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;
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 -II 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 ner each additional $1,000.00 of
rental revenues 6r.fr6ction thereafter sha'l.l be.'suspehded.
For land lease the following excise tax is suspended:
$6.00 per calendar quarter for each $1,000.00 or fraction thereof
• of rental revenue charges paid over $5,000.00.
SECTION 2. That this Resolution shall become ef.fect.i.ve-immediate-ly
upon its adoption.
SEC-"iON 3. Ti.at 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 force and effect and the full amount of said. Business 'License
taxes for A -II 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 8th day of Sa ternh r , 1980.
Mayor
• ATTEST:
01vw
City Clerk
I HEREBY CERTIFY that the foregoing Resolution No. 6187 was duly
• adopted by the City Council of the City of West Covina at a regular meeting thereof
held on the 8th day of September 1980, by the following vote of
Council:
AYES: Chappell, Shearer, Browne
NOES: None
ABSENT: Tice
ABSTAINED: Tennant
•
APPROVED AS TO FORM:
City Attorney
•
'L--� ////.
City Clerk