Laserfiche WebLink
The city budget may be amended and appropriations altered in accordance <br />therewith only in a manner provided by state law. <br />❑ For <br />❑ Against <br />36. Amend Section 609 "Emergency appropriations," to delete the require actual <br />before the city budget is amended in the case of a grave public necessity <br />h rih 100 he <br />resident <br />fact of that necessity must be cer t i f ie d t o i n w r i t i n g b Y n for taxes. <br />qualified voters w ho own rea l ci t y p r o p e r t y t h a t h a s b e e n r e n dered <br />❑ For ❑ Against <br />37. Amend Section 62, "Bond ordinance and election," to delete the requirement ~hat <br />only voters who own property may vote to approve or disapprove a bond issue, so the first sentence shall read: <br />The city shall authorize the issuance of bonds by a bond ordinance passed~byd <br />an affirmative vote of a majonty of all members of the city cou lll for <br />approved by a majority of the qualified voters voting at an election caed <br />the purpose of authorizing the issuance of such bonds. <br />❑ For <br />❑ Against <br />38. Am~end Section 639 "Issuance of bonds," to delete outdated language inregard to the <br />city's authority to issue bonds so that the section shall be amended to read•. <br />The citY shall have the power to issue bonds for permanent improvements and <br />all other lawful purposes as provided by statutes of this state and supon <br />hall <br />approval by the qualified voters of this city at an election. Such bo ds and be <br />specify. the purpose for which they are issued and shall d~aw intere <br />issued under such terms as are in the best interests of the y <br />❑ For ❑ Against <br />39. Amend Section 64, "Advertising and sale of bonds," to delete outdated nodee <br />be <br />requirements for the sale of city bonds and to specify that such b0nd Stent hall with <br />advertised and sold in the manner most advantageous to the city an comodern standards, so that the section shall read: <br />All bonds of the city, after having been authonzed and issued in accordance <br />be <br />with the provisions of this Charter and the laws of the state, sh d <br />advertised and sold in the manner most advantageous to the city an h other <br />consistent with standard practices for municipal bonds, ~d p uc <br />law and of <br />terms and conditions not inconsistent with express provisloS of <br />this Charter. The city council shall have the right to reject any or all bids or <br />other offers. <br />10 <br />