Resolution - 8370• RESOLUTION NO. 8370
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST
COVINA APPROVING AN AGREEMENT WITH THE REDEVELOPMENT
AGENCY OF THE CITY OF WEST COVINA RELATED TO SALES
AND USE TAXES
WHEREAS, the Redevelopment Agency of the City of West Covina (the
"Agency") has adopted a Sales and Use Tax Ordinance in accordance with
Section 7202.6 of the Revenue and Taxation Code of the State of
California; and
WHEREAS, the City desires to enter into an agreement with the
Agency relative to amounts received by the Agency under such ordinance
which are not needed for the purposes of the Agency and to the transfer
of a portion of the City's appropriations limit to the Agency.
NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED BY THE CITY
COUNCIL OF THE CITY OF WEST COVINA AS FOLLOWS:
Section 1. This City Council hereby approves the Agreement Regard-
ing Reimbursement of Sales and Use Taxes and Transfer of Appropriations
Limit in the form attached to this Resolution and incorporated herein
by reference, and hereby authorizes and directs the Mayor and City
Clerk to execute said agreement and the City Manager to deliver the
same, with such changes and revisions as shall be recommended by the
City Attorney and approved by the City Manager, said execution and
delivery to be conclusive evidence of such approval.
Section 2. This Resolution shall take effect upon adoption.
Section 3. The City Clerk shall certify to the adoption of this
Resolution.
APPROVED AND ADOPTED this 10th day of July , 1989.
ATTEST:
V
City Clerk
•
I HEREBY
CERTIFY that the
foregoing Resolution No. 8370
was duly
adopted by the City Council
of the City of West Covina at
a regular
meeting thereof
held on the
loth day of July
1989, by
• the following
vote:
AYES:
McFadden, Manners, Lewis, Bacon
NOES:
None
ABSENT:
Tarozzi
ABSTAIN:
None
City Clerk
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