Resolution - 6407E
RESOLUTION NO. 6407
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WEST COVINA, CALIFORNIA, SUSPENDING ANY INCREASE
IN THE AMOUNT OF CONSTRUCTION TAX EQUAL TO THE
INCREASE OF THE BASE INDEX IN THE THEN LATEST AVAIL-
ABLE CONSUMER PRICE INDEX FOR THE FISCAL YEAR 1981-82.
WHEREAS, the City. Council of the City of West Covina under Ordinance
No. 1388, 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 tax in Resolution No.
6167 shall terminate as of July 1, 1981, at which time the Resolution shall
no longer be of any force and effect and the full amount of said tax shall
automatically be reinstated; and
WHEREAS, the City Council has determined that the rates including the
suspension bear.a reasonable relationship to the cost of the service for 1981-82.
NOW, 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. 1388 shall
be in effect for the fiscal year commencing on July 1, 1981 and will not be
increased as of July 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.
1388.
SECTION 2. Section 1 of this Resolution shall not alter the base year of
prior year adjustments for increasing or decreasing the rate in subsequent years
as provided in Section 3 of the Ordinance No. 1388.
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
ATTEST:
it
City Clerk
loth day of August , 1981.
Mayor
I HEREBY CERTIFY, that the foregoing Resolution No. 6407 was duly
adopted by the City Council.of the City of West Covina at a regular meeting,
. thereof, held on the loth day of August 1981 by the
following vote of the Council:
AYES: Bacon, Tennant, Chappell, Tice, Shearer
NOES: None
ABSENT: None
City Clerk
APPROVED AS TO FORM:
P
• r�MCity Attorney
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