§ 4.68.080. Operability of provisions—When state adopts equal rate.

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If, subsequent to adopting such higher ratio, the State Board of Equalization adopts an assessment ratio for state-assessed property which is identical to the ratio required for local assessments by Section 401 of the Revenue and Taxation Code, Sections 4, 5 and 6 of Ordinance 6882 (codified as Sections 4.60.040, 4.60.050 and 4.60.060 of this chapter), operative on the first day of the month next following the month in which such identical ratio is adopted, automatically are amended as provided in Sections 1, 2 and 3 of Ordinance 6882 (codified as Sections 4.60.010 through 4.60.030 of this chapter).

(Ord. 10781 § 5, 1973.)

                    
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