HomeMy WebLinkAboutOrdinance 881 N.C.S. 11/20/1967EER.ebm 11 -9 -6.7
881
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ORiD.I iii "A�a C E �NO o , N a C e � �
M
I;; °rItODUCE'D'; F�`;Y G'OUNCfILMAN ,:. !CO
SIJCONUED BY� '� . CIL �:
AN ORD1IN.AN.CE AMENDlN CHAPTER ;2
' 3 'O F TIE . PETAZUMQ CITY
(.ODE OF 19. ,
23.3 THIROUGH TO IMP OS IO DOCUME tiTARY
'ADDING A
ON THE SALE OF REAL, T � RTY A
O,P�:RTY lti ° ITEIIN THE :CITY OF PET'ALUMA,
PR
BE,.IT OROAINFY BY THE COUNCIL "O'F' THEE CITY .OF PE.TAL.UMA,o ASS FOLLOWS:,
Section 1, Chapter 23 of t'he Petaluma C i C,ode: of 1958 is h�er6by°
a m. dn6e, di, b >y faddin,g thereto Article IV' Sec'tion�s 23'0I'30 through 2'3',40', to' read "" asp
foyl.l owe
p �t"rarae �fiax Or'dinance� of s`h�a11 beofnPeta�lumahe "Real
P.ro er._.,._
Section 23 30
Y
TI arain,ance
e (; commend
Y the Cit t.y is
adote, :ctiuonulnt to the authori ".t cunt, °dined ' n Part 6 0 7 ;t'ion: Cori , e
Y
YP
�i,t� '�� "90 "1:, of Division 2 of th-e Refivenue and Taxa
c,,L the State of C'alifor
_
ment Or writin��y which lands, te
Section 23 1 s here b "Y p
mold w� thin th.e (it_y of Pet =a sh 1 b,e s °sig
granted, D a mer d, r
e'd ,^
i p. or ar' o�her- nVerson ?e:rsons, d by n his h or their
dr,rection,,, wig se
tr,,anst..erxeU o.
Y r' p ,
pp t' , „e c.on's.ioeration or value of th,e interest or cl
' or u•r:c. asers ,
sapcesyro3a�r y
nn d l t
"thereonat t] =P.te value m�e of sale} exceeds onenc "um=
of an I1eAn or
fr e hundred
do
dents 4 fa t ax
eacat the rate of twenty- even and'• one - -.half
h five. h�unai�:,��i' c.o.L,1ar-s 15.00} or fr��actironal
wart ther of
Y o osea urs
Se �� 3 y, p °on who makes, signs or ,issues an, document`
t on 2 hereof
s o h r a Ins 1 trumen 5.ubject to the t oii fo;r whose use or benefit the
same .is madle, s'� g "n'ed o ' r�� is'sue�d., �
.- ax im
3.x Any tax pur'uara.t to ,th
S' ctron 2� s ordinance, .
tia l 1, not a�x � 1..3. g
s p t,�o .any, ins.t'rument n wr . n.
1�'. i.`ven 'to .secure a
d'eb t e
1 ( � �e�tro�P, 2 3 34T Th ter. i,tor subdstrument� ,
y ',agency or i.n
t. e�reof��. an �m st•a,
F e United S
}_ reoi or the lli:str ct of Vision
d o
t
y r
p�, th Col dinan'ce with respect to any or an y
� rm : um ia' sh,a1
1 n t be, liable „
- �ose�u uxsuan =t t � � '
wri,,t ri to
whi but te ' Y deed,
t g ch it is a ,par�t ht
,y p. a-
x may
C co le c.t,ec�k b�
rus�ent or ch
a y assessment °from any oth party liable thexef,,-
pp y the Makin ," deliveri.n o,r film of cFonve ,e,
Seatran 23 A tax imTjosed pursu o his or
ant t t,dinanc'
a, ��es. °'to make eff "' tive'I any'p .,an of ' reorpani,zatro b adjustixi
s,i, l l �370� a h Y
i n or en.t --
amp ri�ie,a , ,. � : �� p Y
au Co irm un er
yea the Feae;ra1 °�13 nkr,u t.c'" Act,
it ... ..
{
(b ' c urt vo1" v' ingea ,lroad
or
in s��ubd yisi n m c , Sec't.io 2 of T;i:tle 1'1 of
the . United' S dates Code as amended
:
(cl App, n.. an a u.i. t� recei p proceeding in a,
co.oar a corl:orati,,on, dv. i.neu:, in subs
O v vis soh a) of ° °S06, of Title, ;11 of the,; Un ;t,e.d
ue
kn :t e s ti�.d a o , a s.:
, am ea de ; o
,
;tip y, -re }y a mere change iln;.'ide`;nti;ty' form or place of
organization is .effected,
u ma dn ( lelivery ) r in of tran
apply i f
f this section shall'. i� n g r
n conveyances occurs- ?� i,tnin f .ve years f °nor the' date of such con-
fi•rr+'at,ion, approval or change,
j Sect..or 0, , Any ta:x �imp;osed °pursusnt�� to tthv� ordinance shall.
not arj.,iy_ tfie mak r,,, or delivery ,of conveyances t:o mAle effective
a11v order of the Securi pies and Exchange: Gommiss',ion, . as defin';ed •in
subdivi� ion (a)) of Section 1083 of the ;Intern Revenue C "ode of 1'954
b4 ;
t only i f- -
The the- of Securities .;an d Ekchang in
.e Commission
(a) ls�e order o.
made recites th „ at
6nce is' n,eces,sary -pp
o whin suc conveyance is
such co- nvev�” Y or appropriate t,o effectuate
the provrsivc i •cti,an ,7 q Title 15 of the United
S Qa SE
States Code, ve- latin.,; to't'he Public Utility Holding
omp an;, Act : '1" 1.9 3 5 ;
s th
' b Such r•ucr sr,�;c. e property which is ordered' to
�` �mch o
fie; ,
b conweye,d
e 'in o�b`e :n ce to, such rd
,oer�a
:each conveyance is�
h t ion 0 37 >fc i,r, o eu urs °,cant to t ealty he'hd by a partner-
c (�f.� In the case of a,
sfi,al �p Ia his ordinance by reason
of an t-ransf`e of an :r n *.e'rest in a °p , rt°nerthip.. or otherwise , if
(1) Such ;jjartnersh -,, (.0t another partne'rship) is
consifaereu a continuing partnership within the.
hean?:'n of f:7'ct on, 79• of the Tnternal Revenue
Code o f 19 & 4 a an .
(2), Suc h conti•nuin Pa`rtne'rship:,;, cpntinues to hold the
rea'kt co., ?.cerr.evo
the is :a termin�xion of anv partnership. the
`' a1 [revenue Code of
1954 an,n 'of
�:qT s:es c,� this oraina'nce such partne`rsh °ip
m� , Sect ton ' o he.
sh
��
all he. re,x WJ a s havi,n executed an �.nAstrument whereb
there wa. oc :;c r�u iez'., u:n' 'fair I market value ('exclusive of
-n -� r c�nc.um}')rance ;rema thereon) ,
all z vlt� h� 16 y ., n o
t e �re.la ,of, y lieu h pzrt';nersh at the time of such
;it
termination, "
(c) Mot. mire tivar o n'e ta.% s"neti'l 11, bE imp os•ed pursuant to thi.,s
ordinance by reason o� a termination ciescribed in sub:-
diwisibn '(1.0 , rind any transfer purs,�u'ant thereto e with
p y y p p at t}ie
he r -ealt. he1'�,d b' .� au;eh. �� �a.rtnersh'i
r me such termination,
5e, =,tion 23; 38 The county Recorder shall Adrm'nis °ter this ardinance
rx con „ for'mty with °'t}de provisions of Part 6 7 of g)iviskion' 2 of the
}teverrue and.
Taxation Code and the provisions of any county oruimanc:e
ad,opt'ed p.urs;uant thereta,
r , ection 23 39, laims. forr r
` nce” sTi,a "lh 1;e ,overnre oA t -h.e r!�v�sion'° taxes imposed pursuant to this'
S y p
e f un
with
o. din a s of Chapter 5 (domme
ect.i:on' S'`Q Ch n Part 1 ) , rif' U,ivis 1L of t
he Revenue and Taxat
Code of thte State 'pf Caa]Lfcmia,
Section 2 This crdin;ance .shall become operative upon the
ap:erat,.ive date c ` ._ r� ora .nsnce 'ac�o,pt6d b'y tfi County of `aonoma, I u
savant t,o' Part :r (commencing with 'S'ec.t on 1',1.901;) of Division 2 cf
rye c?ff.11v�e - i.'at,e�of�'thisnoordinance "St-ate
wh,ichef Cali,fc�Yn�a, or upon`
o hater
t, on its air ton :tl:e C"
Y „
' ' p it C1erk,; sh all file
c t zetr two c -pies .o_.
'
s �:''rui T�a;ce with the Count Y f «.c,o,rc:er of Sorrom'a CGUn °` ty
Sect or► s This Orai'nar CLQl,p l na`s u G'. 1 = -s it r rcvi des for. a. tax` l evy
f( the ,ae;aal and current exe -nses of she city, }_all ''ta "ke effect immediately.
t Clerk a y
.� tl r�n w, T'he Ci v..; slic"; is 'apa di,recte'd `to p ublish
o.
p P.
i:.h��.�, �x��.a,,�� c. --
in tyre Petaluma Arg., s 'the off :cia;� r of ,� new'�s a e the
h
ar e pe -riod anu in the m'znhe`t 'requzred b•v the City Charter,
,
�rc.cir'u 1,utsli. h
` s e d this 2 0th day ° of Novemb 1.9 6 7 0
A i i..S:. COUNCILMEN BATTAGLI'A, BRAINERD, CAUANAGH,•JR ,iCOLIN, JOERGER, L'IPMAN
AND MAYOR PUTNAM.
0�f"';;:5, NONE.
NONE.
r
7
P
t A z l
Y.
i
i
i
Y.
certify- that the within ordinance; was, published in` . full once,'in, the; Petaluna; : Argusr'C'ourier, ; a d
I hereby aily paper of
eneral. circulation, p ublished within ,the Cit of Petaluma, to- N ovember 2 7 r ...7
��.. g P Y wit 19
and that the said Petaluma Argus- .Courier is, the official newspaper of the City of Petaluma`.
�.� I hereby certify that the, whole ,number, of members of the Council of the .City df'
Petlaluma is seven; and. Ghat the
fore of . at its riieetin of
y. g" ng ordinance passed by "t$e Counc'il g 4 : day of Decemb
was'
19 6`7'by ollowing vote to %wit;
AYES CO.LINCILIv1AN. ..._Bat COUNCILMAN. Coll -n
AYE : COU,NCILMAN ----- ... .. 'COUNCILMAN ...... r
Cavanagh, Jr - Lipman
COUNCILMAN .. ........ r COUNCILMAN
,
AXES:, _ _
MAYOR pu
-
tnam...
W „ ,
None
' ABSENT: None
ATTEST ....... ... -: ........................ .
SE °AL r v
f � CITY :CLERK
5 � Ns charter `Series, hav been rre ularl
fo regoing .Ordnance Number g g y passed and presented to me
this day of ... December ; 19 6 -�„ is ,hereby'approved by me'th'is':�t ........... ........day
h
a of Dec4mbEr ... .... .... ...... 196.7.... Effective, date_
11 4 67
�f�
MAYOR,