Resolution - 8440RESOLUTION NO. R440
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 FOR THE CALENDAR YEAR COMMENCING ON JANUARY 1, 1990.
WHEREAS, the City Council of the City of (Jest Covina, under Ordinance No.
1385, Section 3, amended by Ordinance No. 1442, Section 1, 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 annually as of September 1 to be effective
in the subsequent calendar year commencing on January 1; and
WHEREAS, the City Council may suspend all or any portion of the Consumer
Price Increase; 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 3 of the Ordinance No. 1385, as amended
by Ordinance No. 1442, Section 1, shall be in effect for the calendar year commencing
on January 1, 1990 and will not be increased as of January 1, 1990 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, as amended by Ordinance No. 1442, Section 1.
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, as amended by Ordinance No. 1442,
Section 1.
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 11th day of December , 1989.
IRMO
ATTEST:
CITY C P K
I HEREBY CERTIFY that the foregoing Resolution No. 8440 was duly adopted
by the City Council of the.City of West Covina at a regular meeting thereof held on
the 11th day of December , 1989 by the following vote of Council:
AYES: COUNCILMEMBERS: Tarozzi, McFadden, Manners, Lewis, Bacon
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
0 APPROVED AS TO FORM:
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CITY ERK