Laserfiche WebLink
IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br />ORDINANCE NO. 2001 - <br />AN URGENCY ORDINANCE AMENDING TITLE 2, CHAPTER 2-3 <br />OF THE SAN LEANDRO MUNICIPAL CODE <br />RELATING TO THE REAL PROPERTY TRANSER TAX <br />AND PROVIDING FOR REBATES AND ADDITIONAL EXEMPTIONS AND <br />DECLARING THIS ORDINANCE AN URGENCY MEASURE TO TAKE EFFECT <br />IMMEDIATELY AS IT RELATES TO TAXES FOR THE USUAL AND CURRENT <br />EXPENSES OF THE CITY <br />THE CITY COUNCIL OF THE CITY OF SAN LEANDRO ORDAINS AS FOLLOWS: <br />SECTION 1. Title 2, Chapter 2-3 of the San Leandro Municipal Code is hereby amended by <br />renumbering the present section 2-3-115, entitled "Exemption —Written Security Instrument," to <br />a new section number 2-3-121. <br />SECTION 2. Title 2, Chapter 2-3 of the San Leandro Municipal Code is hereby amended by the <br />addition of the following new sections. <br />2-3-111 Rebate —Sale and Purchase of Primary Residence in San Leandro. <br />Fifty percent (50%) of the amount of tax collected pursuant to this Chapter shall be returned to a <br />taxpayer where the taxpayer has paid such amounts with respect to the purchase of a single- <br />family residence or condominium in the City, as those terms are defined in Section 1-304 of the <br />Zoning Code, if the taxpayer has within one hundred eighty (180) days preceding the <br />conveyance sold a single-family residence or condominium in the City on which the taxpayer <br />was and is claiming a property tax homeowners' exemption as defined by the California Revenue <br />and Taxation Code on each residence. An application for a rebate pursuant to this Section must <br />be filed within one hundred eighty (180) days following the recordation date of the instrument <br />effectuating the subject transfer. Pursuant to Section 2-3-160 of the Municipal Code, the Finance <br />Director shall make such rules and regulations as are necessary to effectuate this Section. <br />2-3-112 - Rebate —Seismic RetrofittinE. <br />Fifty percent (50%) of the amount of tax collected pursuant to this Chapter shall be returned to a <br />taxpayer where the taxpayer has paid such amounts with respect to the making of a conveyance <br />of a single-family residence in the City, as that term is defined in Section 1-304 of the Zoning <br />Code, if the taxpayer completes qualifying seismic retrofitting work on the residence within the <br />12-month period following the conveyance, and if the certified cost of the qualifying seismic <br />retrofitting work is greater than or equal to the amount of such tax that has been collected. If the <br />cost of qualifying seismic retrofitting work is less than the total amount of tax that has been <br />collected pursuant to this Chapter, an amount equal to the certified cost of the work performed <br />shall be returned. An application for a rebate pursuant to this Section must be filed within one <br />hundred eighty (180) days of the date of the final inspection and approval by the City's Building <br />Department of such qualifying seismic retrofitting work. Pursuant to Section 2-3-160 of the <br />