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HomeMy WebLinkAboutORD-07-94 Amend Sec 5.10.080 A. Business Taxes for Real Estate DevelomentsORDINANCE NO. 7- 94 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ORANGE AMENDING SECTION 5.10.080 A. OF THE ORANGE MUNICIPAL CODE RELATING TO BUSINESS TAXES FOR REAL ESTATE DEVELOPMENTS.WHEREAS, Section5.10.080 of the Orange Municipal Code presently imposes a business tax on real estate development where real property is being developed as a unit or as units for nonresidential purposes; and WHEREAS, said business tax is imposed in addition to the business tax applicable to the business conducted from such unit or units; and WHEREAS, the City Council feels that it is unfair to impose the business tax required by Section 5.10.080 where the occupant of such unit or units is the same person or business entity as the real estate developer, or where the real estate developer and occupant are legally related corporate entities since the same entity would be burdened with payment of both business taxes,NOW, THEREFORE, the City Council of the City of Orange does ordain as follows:SECTION I:Section 5.10.080 A. of the Orange Municipal Code shall be amended to read as follows::5.10.080 Real Estate DeveloDment. A. Notwithstanding Section 5,06,040 C, the business tax imposed under Section 5,14,170 shall be due and payable in advance, A separate business tax shall be paid by the applicant and a separate Business Tax Certificate shall be issued for each parcel of real property being developed as a unit for nonresidential purposes, based upon anticipated gross receipts from the sale or renting of the real property, Exception: Where the real estate developer occupies such unit and the real estate developer conducts business therefrom, the real estate developer shall be exempt from this provision as it applies to that unit. This exception shall also apply where the real estate developer and nonresidential occupant are legally related corporate entities.SECTION II:A summary of this Ordinance shall be published and a certified copy of the full text of this Ordinance shall be posted in the Office of the City Clerk at least five (5) days prior to the City Council meeting at which this Ordinance is to be adopted. A summary of this Ordinance shall also be published once within fifteen (15) days after this Ordinance's passage in a newspaper of general circulation, published, and circulated in the City of Orange. The City Clerk shall post in the Office ofthe City Clerk a certified copy of the full text of such adopted Ordinance along with names of those City Council members voting for and against the Ordinance in accordance with Government Code Section 36933. This Ordinance shall take effect thirty (30) days from and after the date of its final passage, Adopted this 19th day of April 1994. GENE BEYER Mayor of the City of Orange ATTEST: By:3JC--~ Mayor Pro Tern 7J1A/ufr ~ ~<?4V City Clerk the C of range STATE OF CALIFORNIA) COUNTY OF ORANGE ) CITY OF ORANGE ) I, MARILYN J. JENSEN, City Clerk of the City of Orange, California, do hereby certity that the foregoing Ordinance was introduced at the regular meeting of the City Council held on the 12th day of April, 1994, and thereafter at the regular meeting of said City Council duly held on the 19ttrlayof April, 1994, was duly passed and adopted by the following vote, to wit: AYES: NOES: ABSENT: ABSTAIN: COUNCIL MEMBERS: SPURGEON, BARRERA, MAYOR BEYER, COONTZ, MURPHY COUNCIL MEMBERS: NONE COUNCIL MEMBERS: NONE COUNCIL MEMBERS: NONE L)p/?l'~ City Clerk of t City of an# Ord No. 7-94 2-