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Section 126. City -Owned Utilities <br />The city council has the right to: <br />(1) set rates of city -owned public services; <br />(2) require such city -owned public services to keep accounts of financial <br />operations. Accounts must show the actual cost of each service to the city, <br />including costs of extensions and improvements and source of funds extended <br />for these purposes. Costs and revenues of services furnished to other cities <br />or government agencies must be included. <br />Proposition V <br />Proppr1ition V ballot lan ua a shall read: <br />Shall Sec. 142 of the Charter be amended to provide that the City shall not be obligated <br />to recognize any assignment of wages or funds by its employees, agents, or contractors <br />except by court order or as otherwise required by state law? <br />❑ For <br />❑ Against <br />If Proposition V is approved by the voters on November 8, 2022, Sec. 142 of the Charter will <br />thereafter read as follows: <br />Sec. 142. Provisions relating to assignment, execution and garnishment. <br />The property, real and personal, belonging to the city shall not be liable to be <br />sold or appropriated under any writ of execution or cost bill. The funds <br />belonging to the city, in the hands of any person, firm or corporation, shall not <br />be liable to garnishment, attachment, or sequestration; nor shall the city be <br />liable to garnishment on account of any debt it may owe or funds or property <br />it may have on hand or owing to any person. Neither the city nor any of its <br />officers or agents shall be required to answer any such writ of garnishment on <br />any account whatever. The city shall not be obligated to recognize any <br />assignment of wages or funds by its employees, agents or contractors except <br />by court order or as otherwise required by state law. <br />