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Section 4. Section 6.1 is added to said ordinance to read: Section 6.1. APPLICATION OF PROVISIONS RELATING TO EXCLUSIONS AND EXEMPTIONS. (a) Sections 4 (b) (4.5), and 5 (b) (3.5) of this ordinance shall become operative on January 1st of the year following the year in which the State Board of Equalization adopts an assessment ratio for state - assessed property which is identical to the ratio which is required for local assessments by Section 401 of the Revenue and Taxation Code, at which time Sections 4 (b) (4) and5(b)(3)of this ordinance shall become inoperative. (b) In the event that Sections 4 (b) (4.5) and 5 (b) (3.5) of this ordinance become operative and the State Board of Equalization subsequently adopts an assessment ratio for state -assessed property which is higher than the ratio which is required for local assessments by Section 401 of the Revenue and Taxation Code, Sections 4 (b) (4) and 5 (b) (3) of this ordinance shall become operative on the first day of the month following the month in which such higher ratio is adopted, at which time Sections 4 (b) (4.5) and 5 (b) (3.5) of this ordinance shall become inoperative until the first day of the month following the month in which the Board again adopts on 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, at which time Sections 4 (b) (4.5) and 5 (b) (3.5) shall again become operative and Sections 4 (b) (4) and 5 (b) (3) shall become inoperative. Section 5. This ordinance shall be operative on January 1, 1974. Section 6. All ordinances and portions thereof in conflict with any of the terms or provisions hereof shall be and are hereby repealed or the operation thereof suspended if so provided therein. PASSED, ADOPTED AND APPROVED this ATTEST: Q X:9i' HELENA. RAMOS City C lerk BT -527-B (8-73) 20th day of November, 1973. ABE E. RAN Mayor