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ORD 109U ORDINANCE NO. 109 U AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES CREATING A MORATORIUM ON THE CONSTRUCTION, ERECTION, CREATION OR DEVELOPMENT OF ANY STOCK CO- OPERATIVE HOUSING WITHIN THE CITY OF RANCHO PALOS VERDES AND DECLARING THE URGENCY THEREOF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES DOES ORDAIN AS FOLLOWS: Section 1: A moratorium is hereby placed on the construction, erection, creation, development or approval of any stock cooperative housing project in the City of Rancho Palos Verdes. Section 2: It is the intent of the City of Rancho Palos Verdes for purposes of this emergency zoning ordinance to treat stock cooperative housing projects differently from apartment building projects (and similar structures) due to the different demands that the two types of projects place upon the City. This moratorium is necessary for the City to complete its studies on the impact of conversion of rental apartments to stock cooperatives. Permitting conversion of rental apartments to stock cooperatives during such study period would have a substantial adverse impact on the mix of housing stock in the City. Section 3: For purposes of this ordinance, a stock cooperative housing project shall be as defined in Section 17265 of the Revenue and Taxation Code of the State of California and Section 216 of the United States Internal Revenue Code. Section 4: This Council finds and determines that this moratorium must be imposed in order to preserve the public health and safety of all prospective buyers or renters of such stock cooperative housing projects as are affected in general or by this ordinance, as well as to protect all the citizens of Rancho Palos Verdes by preserving and improving the aesthetic and environmental conditions of their City. Section 5: All departments, commissions, boards and agencies of this City are hereby ordered not to grant any sort of approval, whether discretionary or ministerial, which is otherwise required, to any stock cooperative housing project as defined herein, during the period of this moratorium. Section 6: Any provision of the Rancho Palos Verdes Municipal Code or appendices thereto inconsistent herewith, to the extent of such inconsistencies and no further, are hereby suspended for the type of construction and develop- ment described herein during this moratorium. Section 7: If any provision of this ordinance is held to be unconstitutional by any court'of competent jurisdiction, it is the intent of the City Council that such portion of such ordinance be severable from the remainder and that the re- mainder be given full force and effect. Section 3: The City Council may grant an exemption from the provisions of this moratorium ordinance upon recommendation of the Planning Commission, subject to a finding of the following: 1. The strict application of the provisions of the moratorium to a particular stock cooperative housing project would result in practical dif- ficulty and unnecessary hardships inconsistent with the general purpose of the moratorium; 2. That there are exceptional circumstances or con- ditions applicable to this stock cooperative project that does not apply generally to the other projects covered by this moratorium; and 3. That the granting of an exemption would not be materially detrimental to the public welfare as defined above. Section 9: This ordinance is declared to be an emergency measure adopted pursuant to the provisions of Section 65858 of the California Government Code and is necessary for preserving the public peace, health and safety, and for the urgency for its adoption is set forth in the findings above. Section 10: This ordinance shall take effect and be in full force immediately after the passage and adoption thereof and shall remain in effect until February 3, 1979, at which time it shall be of no further effect and shall be deemed repealed. PASSED, ADOPTED AND APPROVED this 3rd day of October, 1978, by the following vote: AYES: RYAN, BUERK, SHAW, HEIN & MAYOR DYDA NOES: NONE ABSENT: NONE .„_ L ' /._,. ....A _-- :„aor , MAYO' ATTEST: LEONARD G. WOOD, CITY CLERK AND EX OFFICIO CLERK OF THE COUNCIL . i IVO Ai Ae,, ,..,.., it .,,,....„ A. d . /T /CL -' t 1 do hereby certify that the foregoing ordinance was duly and regularly introduced at a meeting of the City Council on the 3rd day of October, 1978; that thereafter the said ordinance was duly adopted at a meeting of the City Council on the 3rd day of October, 1978. / 400/ r Air — . .��,/ . LEONARD G. WOOD, ` ITY ' AN►1 EX OFFICIO CLERK OF 'E COUNCIL ORD. NO. 109U Page Two STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss AFFIDAVIT OF POSTING CITY OF RANCHO PALOS VERDES ) The undersigned, being first duly sworn, deposes and says: That at all times herein mentioned, /she was and now is the duly qualified and acting Deputy City Clerk of the City of Rancho Palos Verdes, California: That on the 51 day of October 1978 ,41p/she caused to be posted in three conspicuous places , as required by law, ORDINANCE NO._10 9 U MORATORIUM ON COOPERATIVE HOUSING CONVERSION , a copy of which is attached hereto in the following public places in the City: 1. . City Hall Rancho Palos Verdes California 2, Los Angeles County Fire Department, Miraleste Station 4000 Miraleste Plaza Rancho Palos Verdes California 3. Ridgecrest Intermediate School 28915 Northbay Road Rancho Palos Verdes California I certify under penalty of perjury that the foregoing is a true and correct affidavit of posting. LEONARD G. WOOD, City Clerk City of Rancho Palos Verdes / 40r- d 411 By' /;. _.r._...... D- • ' /1// el �