Resolution - 5949RESOLUTION NO. 5949
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF WEST COVINA, CALIFORNIA SUSPENDING A PORTION',
OF THE BUSINESS LICENSE TAXES IMPOSED ON OFFICE.
AND COMMERCIAL RENTALS
WHEREAS, Ordinance No. 1391 of the City of West Covina,
California provides 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
WHEREAS, the City Council does find it appropriate to
suspend a portion of subject Business License Taxes specified in
Ordinance No. 1391; and
WHEREAS, the portion of said taxes in Resolution No. 5747
were suspended and shall terminate as of June 30, 1979, at which time the
Resolution shall no longer be of any force and effect and the full amount
of said business license taxes for Category A -II imposed under Ordinance
No. 1391 shall automatically be reinstated;
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 imposed under Ordinance No. 1391 to wit:
$10.00 per $1,000.00 or.fraction thereof for the
second $5,000.00 of rental revenues, plus $5.00
per each additional $1,000.00 of rental revenues
of fraction thereafter shall be suspended.
SECTION 2. That this Resolution shall become effective
immediately upon its adoption.
SECTION 3. That the p.or-.tion of said taxes herein above
suspended shall terminate as of December.31, 1980, at which time this
Resolution shall no longer be of any force and effect and the full
amount of said business license taxes for Category A -II imposed under
Ordinance.No. 1391 shall automatically be reinstated.
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 a-nd ADOPTED this 25th day of June ,
1979.
Mayor
ATTEST:
h
City Clerk
RESOLUTION NO. 5949
HEREBY CERTIFY that the foregoing resolution No.
was duly adopted by the City Council of the City of West Covina at a
regular meeting thereof held on the 25th day of June 1979
by the following vote of the Council:
AYES: Miller, Tice, Shearer, Browne, Chappell
NOES: None
ABSENT: None
APPROVED AS TO FORM:
City Attorney
�J
•
City Clerk