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HomeMy WebLinkAbout1358 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 ~::.~,:\~,~~ .\~;.:; ,.....:;;t:d' \ >,-. .",e', .'. d t :;:',',e';f,i'i isrup ed '\;}rf;~ 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. -1- 1358 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 '., -, , (SEAL) . "" " " ,.- - , " '"" ,-;:;! - " -2- 1358