HomeMy WebLinkAboutOrd 0405ORDINANCE NO. 405
AN ORDINANCE AWWDING TRE ORDINANCE CODE OF THE CITY
OF BURLINGAME, PROVIDING FOR THE LEVY AND COLLECTION
OF TAXES AND ASSESSMENTS FCR THE PURPOSE OF CREATING
A FUND FOR CAPITAL OUTLAYS BY THE CITY.
The City Council of the City of Burlingame does ordain:
Section 1 " The Ordinance Code of the City of Burlingame
is hereby amended by adding thereto a new section to be known as
Section 950, which shall read as follows:
Section 950 - Special Fund for Capital Outlays:
There is hereby established a special fund for capital
outlays, to be created by the levy and collection of taxes and
assessments which the City Council may levy, and which taxes and
assessments shall be levied and collected in the same manner and
at the same time as other taxes. In making such levy the City
Council shall not exceed the limitation to impose taxes prescribed
by the general laws of the State of California without the assent
of two-thirds of the qualified electors of the city.
The City Council may transfer to such capital outlay fund
any unencumbered surplus funds remaining on hand at the end of
any fiscal year. No money shall be disbursed from said find
except for the making of any capital outlays, provided, however,
the City Council may submit a proposition to the electors of the
City, to obtain the consent of such electors to the use of the
moneys in such fund, or any portion thereof, for some other
specific purpose. Such proposition may be submitted at any
election, and shall require a two-thirds vote of all voters voting
at such election to authorize the expenditure of the moneys in
said fund, or any portion thereof, for such other purpose.
The term "Capital Outlays" shall not be construed to
include the construction, acquisition, extension of, or additions
to utilities, other than utilities for the furnishing of a water supply.
S c 2. This Ordinance shall be published once in the
"Burlingame Advance -Star, and become effective thirty days after its
adoption.
The foregoing ordinance was introdir ed at a regular meeting
of the City Council of the City of Burlingame, held July 3, 1944, and
was adopted at a regular meeting of said Council held on July 17, 1944,
by the following vote:
AYES: COU2SOIT:Dahl -Harris - Hunt - Roth - Whitsell
NOBS: COUNCILMCN : None
ABSENT: COUNCII1EN : NONE
ATTEST: