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HomeMy WebLinkAbout1735 _ _.._ .......... ~ ~ ............ L....."......L...JJ..&..C1. .t'1..l...U..:d."ILJ~l"l\:l THE ARCADIA MUNICIPAL CODE BY ADDING A NEW SECTION 2671.7 THERETO AUTHORIZING THE CITY COUNCIL TO ESTABLISH A TEN PERCENT CAP ON UTILITIES TAX REVENUE INCREASES AFTER THE 1980-1981 FISCAL YEAR. THE CITY COUNCIL OF THE CITY OF ARCADIA DOES HEREBY ORDAIN AS FOLLOWS: SECTION l. The Arcadia Municipal Code is hereby amended by adding a new Section 267l.7 to the Arcadia Municipal Code to read as follows: "2671. 7. UTILITIES TAX CAP. Each fiscal year after the City's 1980-1981 fiscal year, the City Council may by resolution instruct the tax administrator to order all service suppliers to not collect the tax imposed by this Part for such period of time the tax administrator determines necessary to limit the total tax revenue received by the City pursuant to this Part for the fiscal year to not more than the total tax revenue received by the City pursuant to this Part for the prior fiscal year plus, approxi- mately, an additional ten percent (10%) of said prior fiscal year." SECTION 2. If any section, subsection, sentence, clause, phrase or portion of this ordinance is, for any reason, held to be invalid or unconstitutional by the decision of any court of compe- tent jurisdiction, such decision shall not affect the validity of the remaining portions of this ordinance. The City Council of the City of Arcadia hereby declares that it would have adopted this ordinance and each section, subsection, sentence, clause, phrase or portion thereof irrespective of the fact that anyone or more sections, subsections, sentences, clauses, phrases or portions be declared invalid or unconstitutional. SECTION 3. Neither the adoption of this ordinance nor the repeal hereby of any ordinance shall in any manner affect the prosecution for violation of ordinances, which violations were committed prior to the effective date hereof, nor be construed as affecting any of the provisions of such ordinance relating to the collection of any such license or penalty or the penal provisions applicable to any violation thereof, nor to affect the validity of any bond or cash deposit in lieu thereof, required to be posted, filed or deposited pursuant to any ordinance and all rights and obligations thereunder appertaining shall continue in full force and effect. -1- 1735 SECTION 4. The Clerk of the Council shall certify to the passage and adoption of this ordinance and shall cause the same to be published in the official newspaper of the City 'of Arcadia with- in fifteen (15) days after its adoption. PASSED AND ADOPTED BY THE CITY COUNCIL of the City of Arcadia at its regular meeting held on the 17th day of N:>vember, 1981. SIGNED AND APPROVED this 17thday of Novenber, 1981. ATTEST: ~2+'ty I HEREBY CERTIFY that the foregoing ordinance was adopted at a regular meeting of the City Council of the City of Arcadia, California, held on the 17th day of November, 1981 , by the affirma- tive vote of at least three Councilmen, to wit: AYES: Councillren Dring, Haltom, Pellegrino, Saelid and Gilb NOES: None ABSENT: None ~~ City Clerk of the City of Arcadia l -2- 1735