4290230 Resolution 20-100, “Transfer of Real Property Located at 441 4th Street, N.W., to the District of Columbia Transfer Tax Exemption Emergency Declaration Resolution of 2013”
-
A RESOLUTION
20-100
IN THE COUNCIL OF THE DISTRICT OF COLUMBIA
April 9, 2013
To declare the existence of an emergency with respect to the need to exempt the transfer of real property located at 441 4th Street, N.W., to the District of Columbia from transfer taxation.
RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this resolution may be cited as the “Transfer of Real Property Located at 441 4th Street, N.W., to the District of Columbia Transfer Tax Exemption Emergency Declaration Resolution of 2013”.
Sec. 2. Emergency legislation is necessary to facilitate the immediate transfer of the real property known as Lot 20 in Square 532, located at 441 4th Street, N.W., to the District of Columbia pursuant to the terms of a lease purchase agreement dated January 1, 1993, by exempting the transfer from the tax imposed pursuant to Chapter 9 of Title 47 of the District of Columbia Official Code.
Sec. 3. The Council of the District of Columbia determines that the circumstances enumerated in section 2 constitute emergency circumstances making it necessary that the Transfer of Real Property Located at 441 4th Street, N.W., to the District of Columbia Transfer Tax Exemption Emergency Act of 2013 be adopted after a single reading.
Sec. 4. This resolution shall take effect immediately.