Resolution - 7099RESOLUTION NO. 7099
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 1985-86.
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 1 of each year annually; and
WHEREAS, the City Council has elected to suspend said allowable increases.
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, 1986 and will
not be increased as of January 1, 1986 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 subsequent
years as provided 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 28th
City Clerk
day of October , 1985.
Olt
Mayor
I HEREBY CERTIFY that the foregoing Resolution No. 7099 was duly
adopted by the City Council of the City of West Covina at a regular meeting thereof
held on the 28th day of October , 19859 by the following vote of Council:
AYES: COUNCILMEMBERS: Bacon, Manners, Chappell, Shearer, Tennant
NOES: COUNCILMEMBERS: None
• ABSENT: COUNCILMEMBERS: None
APPROVED AS TO FORM:
City Attorney
City Clerk