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Ordinance - 1443ORDINANCE NO. 1 443 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, AMENDING SECTION 3 OF ORDINANCE NO. 1388, RELATING TO THE CONSTRUCTION TAX INCREASE OR DECREASE AND DECLARING THE URGENCY, THEREOF, AND PROVIDING THAT THIS ORDINANCE SHALL TAKE EFFECT IMMEDEATELY. The City Council of the City of West Covina does ordain as follows: SECTION 1. Section 3 of Ordinance No. 1388 is hereby amended to read as follows: ''SECTION 3. That the tax imposed by this Ordinance shall be increased or decreased annually as of July 1 of each calendar year, commencing on July 1, 1979, in an amount equal to the increase or decrease from the Base Index in the then latest available Consumer Price Index, as prepared and released by the Federal Government or any other governmental agency for the Los Angeles/Long Beach area. The last index published for the month of June, 1978 .shall be deemed to be the base index for the pur- pose of this Section. Notwithstanding the above, the City Council may by Resolution suspend any increase of the tax imposed.under this Section, `for a period of one fiscal year, in the event the ' City Council determines said suspension to be equitable in.order.to_adjust the impact of, said tax at the end of said )period of suspension the increase or 'decrease in said tax provided for in the 'Section shall be automatically reinstated unless otherwise suspended in accordance herewith by the C i.ty Council. SECTION 2. The facts given rise to the urgency thereof are as follows: Unless this Ordinance is passed immediately, the above mentioned construction tax will be automatically increased pursuant to the existing pro- visions of Section 3 of this Ordinance. It -,has been.determined by the City Council that'any increase of such taxes would be inequitable and not necessary for the current budgetary purposes. The City's budget was prepared and approved on the basis of no increase in said construction tax and to prevent the auto- matic increase in said tax on July 1, 1979 and to provide the City Council with the implementing authority to suspend said yearly increase as is necessary this Ordinance must become effective immediately upon its adoption. In addition, this Ordinance shall take effect immediately upon its adoption pursuant to Section 36937 (d) of the Government Code, since the subject matter of this Ordinance relates to taxes and.the usual and current expenses of the City. This Ordinance is therefore, declared to be an urgency measure and shall take effect immediately upon its adoption. A statement of facts constituting the basis of such urgency • is as set forth herein. f ' SECTION 3. `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 2 5th day of June , 1979. Mayor ATTEST: City. Clerk HEREBY�CERTIFY, that the foregoing Ordinance No. 1443 was duly, adopted by the City Council of the City of West Covina at a regular meeting theeof held on the 25th day of June 1979, by the fol l.owi ng vote of the Council: AYES: Counci linen: Miller, Tice, Shearer, Browne, Chappell NOES: Councilmen: None ABSENT: Counci .lmen: None • City Clerk APPROVED AS TO FORM: City Attorney 0 • CERT IFICAT ION State of California. ) County of Los Angeles ) ss. City of West Covina ) I, JANET BERRY, Deputy City Clerk of the City of West Covina., State of California, do hereby certify that a true and accurate copy of Ordinance No. 1443 wa.s published, pursuant to law, in the West Covina. Tribune, a. newspaper of general circulation published and circulated in the City of West Covina.. Jane Berry, Deputy ity Clerk Cit of West Covina., California. Dated 9/10/79