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Ord 1530-AMENDING SECTION 24.10.050 OF THE TOWN CODE TO ALLOW THE TOWN TO MODIFY THE RULES OF THE AMERICAN ARBITRATION ASSOCIATION WHERE NECESSARY FOR PRACTICAL ADMINISTRATIONORDINANCE NO. 1530 URGENCY ORDINANCE AMENDING SECTION 24.40.050 OF THE TOWN CODE TO ALLOW THE TOWN TO MODIFY THE RULES OF THE AMERICAN ARBITRATION ASSOCIATION WHERE NECESSARY FOR PRACTICAL ADMINISTRATION The Town Council of the Town of Los Gatos hereby ORDAINS: Section 24.40.050 of the Town Code is hereby amended to read as follows: "24.40.050 Arbitration. When a party properly demands arbitration, the dispute shall be arbitrated under the rules of the American Arbitration Association, as modified by resolution of the Tam Council." SECTION 2. This ordinance is for the immediate preservation of the health of the comet pity, in that without it, the rent mediation ordinance will be unenforceable. This ordinance was introduced and adopted at a regular meeting of the Town Council on April 5, 1982. AYES: COUNCILMDTERS Ruth Cannon. Thomas J. Ferrito MarLyn J. Rasmussen and Brent N. Ventura NOES: COUNCILMQKBERS None ABSTAIN: COUNCIL1,=RS None ABSENT: OOUNCIIM HERS Peter W. Siemens !U ATTEST: C erc the Town of Los Gat