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O1077 ., - - .. ... . CA '18: lcb 78-23 . .'5- ORDINANCE NO. 1077(CC5) (City Councl1 Series) AN ORDINANCE OF THE ~I~Y COUNCIL OF THE CITY OF SANTA MONICA CREATING ^ MORATORIUM ON THE CONSTRUCTION, ERECTION I CREATION OR DEVELOPMENT OF ANY STOCK COOPERATIVE HOUSING WITHIN THE CITY OF SANTA MONICA AND DECLARING THE PRESENCE OF AN EMERGENCY. THE CITY COUNCIL OF THE CITY OF SANTA MONICA '-. DOES ORDAIN AS FOLLOWS: SECTION 1. A moratorlum is hereby placed on -~ the construction, erection, creation, development or approval of any stock cooperative housing project ln any and all distrlcts ln the Clty of Santa ~onica. T - ~ SECTION 2. I~ ~s the 1ntent of th~~City of Santa Monica for purposes of thlS emergency zoning ordlnance .~ to treat stock cooperative' housing prqjects differentLy from apartment bUllding proJects (and slmilar structures) due to the dlfferent demands that the two types of proJects place upon the.City. SECTION 3. For purposes of this ordinance, a stock cooperative housing proJect shall be as defined in Section 17265 of the Revenue and Taxat10n Code of the State of California and SectLon 216 of the United States Internal Revenue Code. -1- C:-.:J. "' ~ ..... ('~ 7R~ ?_~_7Q CA 78- ^ ") 2-6-78 I V ,-' SECTION 4. Th~s Councll finds and determlnes that th1s moratorlum must be 1mposed ln order to preserve the publlC health and safety of all prospective buyers or renters of such stock cooperat1ve hous1ng proJects as are affected 1n general or by thls ordlnance, as well as to protect all the c~tlzens of Santa Mon1ca by preserv1ng and lmproving the aesthetlc and environmental cond1tlons of theLr Clty.. SECTION 5. All departments, commissions, boards and agenc1es of thlS C1ty are hereby ordered not to grant any sort of approval, whether d1scret1onary or minlsterlal, WhlCh lS otherwise requlred, to any stock cooperatlve houslng proJect as def1ned hereln, durlng the per10d of thls moratorlum. SECTION 6. Any provlslon of the Santa Monlca Munlcipal Code or appendlces thereto inconslstent herewlth, to the extent of such lncons1stencles and no further, are hereby suspended for the type of construct1on and develop- ment descrlbed hereln dur1ng this moratorlum. SECTION 7. If any provlsion of thlS ordinance 15 held to be unconstltutlonal by any court of competent Jurlsdlctlon, it lS the lntent of the Clty CaunCll that such portlon of such ordlnance be severable from the remalnder and that the remainder be glven full force and effect. SECTION 8. The City Councll may grant a varlance from the prOV1Sl0nS of thlS moratorlum ordinance upon -2- CA 78. 2-6-78 . SECTION 9. Th1S ord1nance is declared to be an emergency measure adopted pursuant to the provislons of section 6lS of the Santa Mon1ca City Charter and is necessary for preserving the public peace, health and safety, and the urgency for ltS adoption ~s set fqrth in the flndlngs above. SECTION 10. This ordlnance shall take effect and be In full force immediately after the passage and adoption thereof and shall remaln In effect untll May 14, 19?8. at WhlCh tlme lt shall be of no further effect and shall be deemed repealed. SECTION 11. The Mayor shall slgn and the City Clerk shall attest to the passage of thlS ordinance. The City Clerk shall cause the same to be published. once in the offlclal newspaper withln flfteen (15) days after its adoption. The ordinance shall become effective from and after lts adoptlon. ADOPTED and APPROVED thlS 14th day of February , 1978. tj~~U ATTEST: /'. L-t. .- ....~ .0 ~~ '---.}-)/[~. 'CITY aE n- -. - - ~ . ~-:-. -H, - -7 I - / ... -Ill" - _- STktE 9F -Cl\.LIFORN$l\. ~ }: COUN':P'Y .q.F .LOS ,,:,~G11.ES' ) CITY -OF S~NTA ~-M9NICA ) ......... .rc...___~ "",-___.....--_ ..._....~ -"',.. r ... _ r ~ ..:- ... )-, SSe ~... ~ -4- ~ CA 78. 2-6-78 . . . .~ L I do hereby certify that the foregolng ordinance was duly and regularly introduced at a meeting of the City CounCl1 on the 14th day of February , 19 7 B ; that thereafter the said ordinance was duly adopted at a meetlng of the City Council on the 14th day of Februarv , , 1978; by the following vote of the Council: AYES: Councilmember: Bambrick, Cohen, Reed, Scott, Trives, Mayor Swink NOES: Councl1member: None ABSENT: Councilmember: van den Steenhoven /)-~~'~ -~ ~. ~ERK ' ~: -5-