Resolution - 7047RESOLUTION NO. 7047
• 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 1985-86.
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WHEREAS, the City Council of the City of West Covina, under
Section 21-9 of the West Covina Municipal Code, 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. 6878 shall terminate as of July 1, 1985, 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 1985-86.
NOW, THEREFORE, the City Council of the City of West Covina
does resolve as follows:
SECTION 1. The tax imposed by Section 1 of Ordinance No.
1388 shall be in effect for the fiscal year commencing in July 1, 1985
and will not be increased as of July 1, 1985, in an amount equal to the
increase from July 1, 1979 to the latest available Consumer Price Index
per Section 21-91 of the West Covina Municipal Code.
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 Ordinance No. 1388.
SECTION 3. That this Resolution shall become effective immedi-
ately 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 24th day of June , 1985.
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City Clerk
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Mayor
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I HEREBY CERTIFY that the foregoing resolution was duly adopted
• by the City.Council of the City of West Covina at a regular meeting thereof
held on the 24th day of June 1985, by the following vote
of the Council:
• AYES: COUNCILMEMBERS: Chappell, Manners, Shearer, Tennant
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: Bacon
APPROVED AS TO FORM:
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City Attorney
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City Clerk