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Ord 1549-AMENDING SECTION 24.40.050 OF THE TOWN CODE TO REQUIRE ARBITRATION UNDER THE RULES OF THE AMERICAN ARBITRATION ASSOCIATIONORDINANCE NO. 1549 ORDINANCE AMENDING SECTION 24.40.050 OF THE TOWN CODE TO REQUIRE ARBITRATION UNDER THE RULES OF THE AMERICAN ARBITRATION ASSOCIATION The Town Council of the Town of Los Gatos hereby ORDAINS: SECTION 1. Section 24.40.050 of the Town Code is hereby amended to read as follows: "Sec. 24.40.050. Arbitration. When a party properly demands arbitration, the dispute shall be arbi- trated under the rules of the American Arbitration Association." SECTION 2. This ordinance takes effect 30 days after the date it is adopted. Within 15 days after this ordinance is adopted, the Town Clerk shall cause it to be pub- lished once in a newspaper of general circulation published and circulated in the Town. This ordinance was introduced at a regular meeting of the Town Council of the Town of Los Gatos on September 7, 1982 , and adopted by the following vote as an ordinance of the Town of Los Gatos at a regular meeting of the Town Council on September 20, 1982 ATTEST: AYES: COUNCIIM BERS Ruth Cannon, Thomas J. Ferrite. Peter W. Siemens NOES: OOUNCIIMMERS MarLvn J Rasmussen ABSTAIN: COUNCILMFMBERS Brent N. Ventura ABSENT: COUNCIIMEI�BERS SIGNED : I 1, 4 /. mayor ottthie Town ot Los Gatos r c o the Tom ot Los atos