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HomeMy WebLinkAboutCC Ord 944 1974-09-23 I 1 1 .' ORDINANCE NUMBER 9tff AN ORDINANCE OF THE CITY OF SEAL BEACH, CALIFORNIA AMENDING SECTION 11-117 OF THE CODE OF THE CITY OF SEAL BEACH PERTAINING TO OIL BUSINESSES. THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY ORDAIN AS FOLLOWS: " Section 1. Section 117 of Chapter 11 of the Code of the City of Seal Beach is hereby amended to read as follows: (2) For the fiscal year commencing July 1, 1974, there shall be Raid on or before December 31, 1974, an amount equaling two cents ($.02) per quarter for each barrel of oil produced by each well in excess of three hundred (300) barrels for said quarter, provided that commencing with the quarterly payment due December 31, 1974, and for each succeeding fiscal year, there shall be paid in the manner provided herein, on or before each succeeding December 31, March 31, June 30 and September 30, respectively, an amount equaling .. eight cents ($.08) per quarter for each barrel of oil produced by each well. Production during the months of June, July, and August shall constitute the measurement of the amount due on or before September 30, for the first quarter of a fiscal year; production during the months of September, October and November shall constitute the measurement of the amount due on or before December 31; production during the months of December, January and February shall constitute the measurement of the amount due on or before March 31; production during the months of March, April and May shall constitute the measurement of the amount due on or before June 30. Section 2. The City Clerk shall certify to the passage and adoption of this ordinance and shall cause the same to be posted as required by law. PASSED, APPROVED AND ADOPTED by the City counc~'l f the ~ity of Seal Beach at a meeting thereof held on the ;2!Jld.. day of ~.... g,~ , 1974. " AT:E~J-2 (~~ I .. _~.s~ ~y~lerk ~TATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF SEAL BEACH ) ~__ ~ ,t'{Y),,~~.\ Mayor ; r ' I, Jerdys Weir, City Clerk of the City of Seal Beach, hereby certify that th, foregoing ordinance was introduced at a regular meeting held on ~,,,,k') 9 ,1974 and was adopted, passed and approved by the City Council o~,,,fthe City of Seal Beach at a meeti'~g thereof hel d on the c:?3~ day Of~'l'b~'..#/A) , 1974 by the followlng vote: AYES: councilment?~ &Jt.-ea- 7~L.II4" ~...J NOES: councilmen~~ ABSENT: Counci lmen ';J ],.~ , '_") I ~/.-4-- 'Vi.: City' ,Clerk /' ~