The Council reserves the right to grant or not to grant tax exemption under circumstances beyond the scope of this chapter or to waive any procedural requirement not mandated by State law. However, no such action or waiver shall be taken or made except upon a finding by the Council that a compelling or imperative reason or emergency exists, and that such action or waiver is found and declared to be in the public interest. (Ord. 17270 § 15, 6-2-98; Ord. 16349 § 15, 7-23-91. Code 1981 § 42-45. Code 1995 § 138-90.)