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Resolution - 6629• 0 RESOLUTION NO. 6629 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 1982-83. 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 governmental 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 l of each year annually; and WHEREAS, the City Council has elected to suspend said allowable in- creases. 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. 1385 , shall be in effect for the calendar year commencing on January 1, 1983 and will not be increased as of January 1, 1983 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 sub- sequent years asprovided 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. ATTEST: APPROVED and ADOPTED this 22nd day of November , 1982. �L1l- I G Mayor City Clerk / I HEREBY CERTIFY that the foregoing Resolution No. 6629 was duly adopted by the City Council of the City of West Covina at a regular meeting thereof held on the 22nd day of November 1982, by the following vote of Council: AYES: COUNCILMEMBERS: Bacon, Tennant, Shearer, Chappell, Tice NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None City C1 rk APPROVED AS TO FORM: 1 C- ' tllJ l_� 0 Ci tA Att rney