(A) Section 5-2-13 of this chapter shall become operative on January 1 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 section 5-2-12 of this chapter shall become inoperative.
(B) In the event that section 5-2-13 of this chapter becomes operative and the state board of equalization subsequently adopts an assessment ratio for the state assessed property which is higher than the ratio which is required for local assessments by section 401 of the Revenue and Taxation Code, section 5-2-12 of this chapter shall become operative on the first day of the month following the month in which such higher ratio is adopted, at which time section 5-2-13 of this chapter shall be inoperative until the first day of the month following the month in which the board again 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, at which time section 5-2-13 of this chapter shall again become operative and section 5-2-12 of this chapter shall become inoperative. (Ord. 1044, 10-30-1973)