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O 076 . ORDINAliJCE NO. . AN ORDINANCE AMENDING SECTION 1, OF AN ORDINANCE ENTITLED: I1AliJ ORDINANCE PROVIDING FOR THE TEMPORARY REMISSION OF PENALTIES, INTEREST AND COSTS UPON THE RED~^PTION OF PROPERTY SOLD FOR DELINQUENT TAXES, DECLARING THE URGENCY OF THIS ORDINANCE AND PROVIDING TR~T IT SHALL TAKE 'EFFECT UPON FINAL ADOPTION", PASSED AND ADOPTED ON THE 21st DAY OF JULY, 1937. The City Council of the City of Arroyo Grande does ordain as follows: SECTION 1. Section 1, of Ordinance No. 58, of the City of Arroyo Grande, entitled"An Ordinance Providing for the Temporary Re',dssion of Penalties, Interest and Costs upon the Redemption of Property Sold for Delinquent Taxes, Declaring the Urgency of This Ordinance and Providing That it Shall take Effect upon Final Adoption", passed and adopted on the 21st day of July, 19.37, is hereby amended as follows, to-wit: In all cases where real estate has heretofore been sold to the City of Arroyo Grande for delinquent City taxes pursuant to the ordinance of said City, and the City has not disposed of the same, the person whose estate has been sold, his heirs, executors, ad"iinistrators or other successors in interest shall, at any time on or before the 26th day of April, 1943, have the right to redeem such property by paying to the City Treasurer the amount of taxes due thereon at the ti,',e of such sale and also all unpaid tHxes of every description assessed against the property for each year since the sale, as shown by the delinquent assessment rolls of said City, or, if not so assessed, then upon the value of the property as assessed in the year nearest the time of such redemption, with interest on the whole amount of such taxes at the rate of seven per cent per annum computed from the 1st day of July, 1941, to the tin;e of such redemption. - 1 - - The provisions of this section shall be deemed to allow the redemption of such real estate on or before April 26th, 194.3, free from the payment of any costs, interest (other than the interest hereinbefore in this ordinance provided), penalties for delinquency or penalties on redemption which may have accrued against said real estate, on or bef,ore April .30, 1941. SECTION 2. All other Ordinances amending Section 1 of said Ordinance No. 58, and all ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION .3. This ordinance shall ,take effect and be in full force and effect thirty days after its final passage, and before the expiration of fifteen days after its passage, it shall be published with the names of the members voting for and against the sa,'Je at least once in the Arroyo Grande Herald Recorder, a newspaper of general circulation, published and circulated in the said City of Arroyo Grande. Passed and adopted by the City Council of the City of Arroyo Grande, County of San Luis Obispo, State of California, this 5th day of August, 1942, by the following vote: r6 ~ r>"- ~ de.t.- / 7/ (J?c~ J Absent: Councilmen (SEAL) the Ci ty of Arro Grande, San Luis ObispO, State of California. ATTEST: / --- Ci ty of STATE OF CALIFORN1A, ) : ss. COUNTY OF SAN LU1S OB1SPO, ) 1, W. W. ROUTZAHN, Clerk of the City of Arroyo Grande, , I County of San Luis Obispo, State of California, do hereQy certify , I that the foregoing is a full, true and correct copy of , Ordinance No. 7' passed by the City Council of the City of Arroyo Grande, County of San Luis Obispo, state of California, and that upon the passage of said ordina I AYES: Councilmen ~d""Yt I /!~ --::' ABSENT: Councilmen ~~ . W1TNESS my hand and the seal of the said City Council of the City of Arroyo Grande, County of San Luis Obispo, state of California, this 5th day of August, 1942. of - .3 -