Loading...
HomeMy WebLinkAboutOrd 0909O 1NANCE NO. Wv AA?ENDINC §4.24,050 OP THE MC7NICIPAL CODE t�ROVII3INC EOR CERTAIN as followso Section 1. §4.24,050 0£ the Munica_pal Code of the City of Burlingame is amended to read: °`§4.24.050 United States or its instrumentalities, Any deed, instrument or writing to which. the United States or any agency or instrumentality thereof, any st@ or territory, or political subdivision thereof, is a party shall be exempt from any tax imposed pursuant to this chapter when the exempt agency is acquiring title,` Section 2. This ordinance shall be published as required by law, r the foregoing ordinance on the 19th day of ,� uar� 19.L% by the following votes was introduced at a regular meeting of the City Council held on the 5th day of 3axzuary , 19 70, and adopted thereafter at a regular meeting of the City Council held ° AYES: Councilmen: str'up�Crosbyy ohnson�Martin. Absent Councilmen: done City Clerk December 17, 1969 • 1. An amendment of §11922, Revenue and Taxation Code (exempting certain public agencies from payment of the Documentary Stamp Tax) became effective on November 10, 1969, necessitating a conforming adjustment to our Documentary Stamp Tax Ordinance, 3. The amendment should have no effect upon the annual stamp tax revenues of the City. City Attorney