Resolution - 6734RESOLUTION NO. 6734
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
.AVAILABLE CONSUMER PRICE INDEX FOR THE FISCAL
YEAR 1983-84.
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. 6567
shall terminate as of July 1, 1983, at which time the Resolution shall no
longer be of any force and effect and the full amount of said tax shall auto-
matically 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
1983-84.
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.,,1983 and will
• not be increased as of July 1, 1983 in an amount equal to the increase from
July 1, 1979 to the latest availabl:*e 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 sub-
sequent 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 -27th day of
ATTEST:
•
City Clerk
June 1983.
1
Mayor
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• I HEREBY CERTIFY that the foregoing Resolution No. 6734 was
duly adopted by the City Council of the City of West Covina at a regular
meeting, thereof, held on the 27th day of June 1983, by the
following vote of the Council:
AYES: COUNCILMEMBERS: Tice, Bacon, Chappell
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: Tennant, Shearer
Ci ty *1r
APPROVED AS TO FORM: 7
City Attorney
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