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ORDINANCE NO, 1358
AN ORDINANCE OF THE CITY.COUNCIL OF
THE CITY OF ARCADIA, CALIFORNIA,
AMENDING THE EFFECTIVE DATE OF CHAPTER
6 OF ARTICLE II OF THE ARCADIA MUNICIPAL
CODE ENTITLED "REALTY TRANSFER TAX" AS
ADDED TO SAID CODE BY ORDINANCE NO. 1353
JULY 5, 1967. .
THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES
ORDAIN AS FOLLOWS:
.t.
SECTION 1. That Section 2 of Ordinance No. 1353, adopted
July 5, 1967, is hereby amended to read as follows:
SECTION 2, The provisions of this Ordinance shall be
operative and effective on and after the first day of September 1967.
SECTION 3. This ordinance is hereby declared to be necessary
as an emergency measure for preserving the public pea~e, health and
safety and shall take effect immediately upon its adoption. A state-
ment of the reasons for its urgency is as follows: Part 8 was added
. to Chapter 6 of Article II of the Arcadia Municipal Code by Ordinance
No. 1353 adopted July 5, 1967, which ordinance by law and by its terms
becomes effective and operative August 5, 1967. It has come to the
." /. attention
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of the City Council that persons' and transactions are teing
,
because many claim that the ordinance did not make clear
what disposition should be made of existing escrows and also that it
did not provide time for the business representatives engaged in the
transfer of title to give notice and make arrangements for the orderly
transfer of properties, thereby impeding realty transfers within the
City to the detriment of the City and the property owners and taxpayers
thereof. The within ,ordinance seeks to remedy such claim deficiencies
and to accomplish the purpose must take effect prior to the effective
and operative date of aforesaid Ordinance No. 1353.
SECTION 4. The City Clerk shall certify to the adoption of
this ordinance and shall cause same to be published once in the official
newspaper without delay.
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I HEREBY CERTIFY that the foregoing ordinance was
adopted at a special meeting of the City Council of the City
of Arcadia held on the 5th day of August, 1967, by the
affirmative vote of at least four Councilmen, to wit:
AYES: Councilmen Arth, Butterworth, Forman, Hage
and Considine
NOES: None
ABSENT: None
of Arcadia
SIGNED AND APPROVED this 5th day of August 1967.
L2,
City Clerk '.,
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(SEAL)
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