Resolution - 6878RESOLUTION NO. 6878
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, 1984, 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
1984-85.
NOW, THEREFORE, the City Council of the City of.West Covina does
resolve as follows:
SECTION 1. The tax imposed by Section l of the Ordinance No.
1388 shall be in effect for the fiscal year commencing on July 1, 1984 and
will not be increased as of July 1, 1984 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 l.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 25th day of
ATTEST:
• c.,
City Clerk
June
, 1984.
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•
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I HEREBY CERTIFY that the foregoing Resolution No, 6878 was
duly adopted by the City Council of the City of West Covina at a regular
meeting, thereof, held on the 25th day of June 1984, by the
following vote of the Council:
AYES: COUNCILMEMBERS: Planners, Chappell, Shearer, Bacon
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: Tennant
APPROVED AS TO FORM:
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City Clerk