A. The construction and occupancy of a residential, commercial or industrial unit which is a replacement for a unit being removed from the same lot or parcel of land. The exception shall equal but not exceed the tax which would be payable hereunder if the unit being replaced were being newly constructed;

B. The construction and occupancy of any building or unit by any bank, including national banking associations;

C. The construction and occupancy of any building by an “insurer,” as that term is defined in Article XIII, Sections 14-4/5, of the California Constitution;

D. The construction and use of any building, by a nonprofit corporation exclusively for religious, educational, scientific, hospital or charitable purposes, if such would be exempt under Revenue and Taxation Code Section 214;

E. The construction and occupancy of any building by the United States or any department or agency thereof, or by the State of California or any department, agency or political subdivision thereof. (Ord. 1030 § 2(4), 2018; Ord. 428 § 2 (part), 1972)