Resolution - 8441RESOLUTION NO. 8441
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA,
SUSPENDING A PORTION OF THE CATEGORY A -II AND ALL OF THE CATEGORY A -III
BUSINESS LICENSE TAXES IMPOSED ON OFFICE AND COMMERCIAL RENTALS.
WHEREAS, Ordinance Nos. 1391 and 1524 of the City of West Covina, California
provide that the City Council may suspend all or part of the business license taxes
on office and commercial rentals via adoption of a Resolution; and
6 WHEREAS, the City Council does find it appropriate to suspend a portion
of subject business licenses taxes specified in Ordinance No. 1391 and all of subject
business license taxes specified in Ordinance No. 1524;
NOW, THEREFORE, the City Council of the City of West Covina does resolve
as follows:
SECTION 1. That a portion of said business license tax for category A -II
under Ordinance No. 1391 to wit:
Ten dollars ($10) per $1,000 or fraction thereof for the second $5,000 of
rental revenues, plus $5 per each additional $1,000 of rental revenues or
fraction thereafter shall be suspended.
SECTION 2. That all of said business license tax for category A -III under
Ordinance No. 1524 to wit:
Sixty dollars ($60) per calendar quarter for the first $5,000 of rental
charges paid, plus an additional $12 per calendar quarter for each $1,000
of rental charges paid or fraction thereafter shall be suspended.
SECTION 3.. That this Resolution shall become effective immediately upon
its adoption.
SECTION 4. That the portion of said taxes herein above suspended shall
terminate as of December 31, 1990, at which time this Resolution shall no longer
be of any force and effect and the full amount of said business license taxes for
A -II and A -III shall automatically be reinstated.
SECTION 5. 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.
ATTEST:
CITY CL R
67,
I HEREBY CERTIFY that the foregoing Resolution No. 8441 was duly adopted
by the City Council of the City of West Covina at a regular meeting there of held
on the 11th day of December , 1989, by the following vote of Council:
AYES: COUNCILHEMBERS: Tarozzi, McFadden, Manners, Lewis, Bacon
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
APPROVED AS TO FORM:
K
CITY