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ORD 105U ORDINANCE NO. 105U AN ORDINANCE OF THE CITY OF. RANCHO PALOS VERDES AMENDING THE RANCHO PALOS VERDES MUNICIPAL CODE BY PROVIDING FOR AN ANNUAL CHANGE OF BUSINESS LICENSE TAXES AND DECLARING THE URGENCY THEREOF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES DOES HEREBY ORDAIN AS FOLLOWS: Section 1. Article VI , Chapter 4 , Section 6429 of the Rancho Palos Verdes Municipal Code is hereby amended to read as follows: "6429 . Annual Change of Business License Tax,. All business license taxes and other fees or charges specified in this Chapter 4 of Article VI shall be changed on January 1 , 1979, and on January 1st of each year thereafter , as follows: a) On January 1 , 1979 , all such taxes and other fees or charges shall be equal to an amount to be determined by adding to the current tax or other fee or charge the product obtained by multiplying the average Gross National Product deflator factor, for goods and services purchased by state and local government, as published by the United States Department of Commerce, for the four (4 ) calendar quarters available prior to January 1, 1979, by such tax or other fee or charge. b) On January 1st of each year thereafter , all such taxes and other fees or charges shall be equal to an amount to be determined by adding to the amount of the tax or other fee or charge in the previous calendar year the product obtained by multiplying the average Gross National Product deflator factor , for goods and services purchased by state and local government, as published by the United States Department of Commerce, for the four (4 ) calendar quarters available prior thereto by such tax or other fee or charge in the previous calendar year. " Section 2. This Ordinance is necessary for the immediate preservation of the public peace, health and safety. The reasons for the urgency of this Ordinance are as follows: On June 6 , 1978 , the voters of the State of California approved an amendment to the California Constitu- tion which seriously impairs the ability of the City to raise tax revenues from the levy of an ad valorem tax on property, and in turn provide adequate police and fire protection, and other essential municipal services, to the citizens, visitors, commercial establishments, property owners and others in the City of Rancho Palos Verdes. The potential loss of revenues due to the approval of such amendment would occasion the curtailment of such needed WLS21-12A police, fire and other essential municipal services. Such amendment is to take effect on July 1 , 1978. It is there- fore imperative that the City immediately seek other methods of deriving revenues so as to meet the needs of the City with respect to police and fire protection, and other essential municipal services, thereby preserving the public peace, health and safety. This urgency Ordinance shall therefore take effect upon adoption. PASSED, APPROVED, AND ADOPTED THIS 29th day of June, 1978 by the following vote: AYES: RYAN, BU:ERK, HEIN, AND MAYOR DYDA NOES: NONE ABSENT: SHAW 1 MAYOR f ATTEST: LEONARD G. WOOD, CITY CLERK & EX OFFICIO CLERK OF THE COUNCIL 1 J I � 4017,,-, IV CLERK I HEREBY CERTIFY that the foregoing is a true and correct copy of Ordinance No. 105U passed and adopted by the City Council of the City of Rancho Palos Verdes at a meeting held g h 1 on the 29th day of June, 1978 , and that said Ordinance was posted pursuant to law. I/ i ' IT 'R do -2- Ordinance No. 105U ,-iR-074-- _------------- 0- ORDINANCE/ NO ,.S- / / . SUBJECT: a ,..e...., _i i A.,_ _-_..., _• _!' ,..:,,.O► /.,,r INTRODUCED: ADOPTED , POSTED ED: ..r SEND COPIES OF ORDINANCES TO RESOLUTION DISTRIBUTION: Law Library Califar ' State Library Libr & Courts Building Sa amento, CA 6 ' 809 Public Af f. rs Service/Local Univers ' Research Library Univ. •f California, Los Angeles 40 ilgard Avenue Los Angeles, CA 90024 Institute o Government Studies Univ, of '. lifornia,, Berkeley 109 Mo:-s Hall Ber> ey, CA 94720 City Attorney Richards, Watson, Dreyfuss & Gershon 333 So. Hope Street, 38th Floor Los Angeles, CA 90071 ADDITIONAL DISTRIBUTION 0.:4.4'.....Z...e,,t_....) t.,-Z ,e_vet. ,6f //g2 r ///7 /de-,-(2--vi--61. A. A. fO )f3