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Ordinance - 1391ORDINANCE NO. 1391 AN ORDINANCE OF THE CITY OF WEST COVINA AMENDING §6235.1 OF THE WEST COVINA MUNICIPAL CODE RELATING TO THE BUSINESS LICENSE TAX IMPOSED ON OFFICE AND COMMERCIAL RENTALS. THE CITY COUNCIL OF THE CITY OF WEST COVINA DOES HEREBY ORDAIN AS FOLLOWS: SECTION 1. Paragraph A -.II of §6235.1 of the West Covina Municipal Code relating to Office and Commercial Rentals is hereby amended to read as follows: "Section 6235.1 CATEGORY CODE A. A -II OFFICE AND COMMERCIAL RENTALS Offices, stores, industrial plants, or any building or structure of any kind on land.located in the City of West Covina and rented to a tenant for purposes other than dwelling, sleeping, or lodging. This includes the letting of every kind and character, whether by an owner, lessee, or sub -lessee, of such types of rentals. Where a land lease is in effect for the purpose of effectuating the use of the property for the purposes noted in this Category, then such rents from said land shall also be subject to the business licensing provisions herein. The business license tax for Category A -II shall be: Minimum of $50.00 for the first $5,000.00 rental revenues plus an additional $10.00 per $1,000.00 or fraction thereafter. • All rentals received by one individual or entity can be combined in one license. The City Council may, by resolution, suspend all or any portion of said tax imposed under Category A -II for a period of time as it determines to be equitable in order to adjust the impact of said tax. At the end of said period of suspension, the tax shall automatically be reinstated in accordance with the amounts set forth herein. SECTION 2. The City Clerk shall certify to the adoption of this ordinance and cause the same to be published in the manner required by law. APPROVED and ADOPTED this 24thday of July , 1978. ATTEST: CITY CLERK STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. CITY OF WEST COVINA ) I, LELA W. PRESTON, City Clerk of the City of West Covina, do hereby certify that the foregoing Ordinance No. 1391 , was regularly introduced and placed upon its first reading'at a r• • • regular meeting of the City Council on the loth day of July, 1978. That, thereafter, said ordinance was duly adopted and passed at a regular meeting of the City Council on the 24th day of July, 1978, by the following vote of the Council, to wit: AYES: Councilmen: Miller, Shearer, Browne, Chappell, Tice. NOES: Councilmen: None ABSENT: Councilmen: None APPROVED AS TO FORM: City Attorney City Crlerk - 2 -