ORD 034 ORDINANCE NO. 34
AN ORDINANCE OF THE CITY OF RANCHO PALOS VERDES
REGARDING COLLECTION OF THE ENVIRONMENTAL EXCISE
TAX AND AMENDING THE RANCHO PALOS VERDES MUNICIPAL
CODE
THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES DOES ORDAIN
AS FOLLOWS:
Section 1. Article VI, Chapter 7 of the Rancho
Palos Verdes Municipal Code is amended by adding section
6706 .5 to read:
"6706 .5 Deferred Payment. Notwithstanding the
provisions of Section 6705 and 6706, the City Council
may in its discretion upon the written request of the
owner demonstrating hardship, at any time prior to
the issuance of a certificate of occupancy of the new
dwelling unit or commercial or industrial building
concerned, determine that the payment of the excise
tax imposed by this chapter with respect to the con-
struction and occupancy of such building, be made in
one or more annual installments not to exceed 5 , and
that the payment of the tax so deferred shall bear
interest on the unpaid balance at the rate of 7%.
Such interest shall begin to run on the first day of
the month next after such action by the City Council.
The indebtedness for such tax shall be (1) evidenced
by an instrument signed by the owner in a form pro-
vided by the City and suitable for recording as a
lien on the real property on which such building is
constructed, or (2) by order of the City Council a
notice of lien on said real property shall be deliv-
ered to the county auditor and tax collector to be
entered on the county assessment book opposite the
description of the particular property and the
amount accruing in any year shall be collected
together with all other taxes thereon against such
property. Such taxes shall be subject to the same
procedure for sale in case of delinquency as pro-
vided for ordinary city taxes. "
PASSED, APPROVED AND ADOPTED this 7th day of May , 1974 ,
by the following vote:
AYES: Buerk, Dyda, Ruth, R. Ryan, M. Ryan
NOES: None
ABSENT: None
Mayor
ATTEST
di/ yJ ,
City Clerk Id
I HEREBY CERTIFY that the foregoing is a true and
correct copy of Ordinance No. 34 passed and adopted by
the City Council of the City of Rancho Palos Verdes at a
meeting thereof held on the 7th day of MaY , 1974, and
that said Ordinance was posted pursua t to law. i
_41„040414;4405
City Clerk
•
•
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS. CERTIFICATE OF POSTING
CITY OF RANCHO PALOS VERDES )
The undersigned declares and certifies under penalty of
perjury:
That he at all times herein mentioned was and now is the
duly qualified and acting City Clerk of the City of Rancho Palos
Verdes, California;
That on the 10/u day of )--)/L4'%--/--- , 19 he
caused to be posted in three conspicuous ublic places, as required
by law,
OICA
c
a copy of which is attached hereto, in the following public places
in this City:
City Hall
31244 Palos Verdes Drive West
Los Angeles County Fire Station
4000 Miraleste Plaza
Ridgecrest Intermediate School
28915 Northbay Road
Dated this /Oe: : day of l97 .
LEONARD G. WOOD, CITY CLERK
EX OFFICIO CLERK OF THE COUNCIL
//
By • 4i
'eputy