No bonded indebtedness which shall constitute a general obligation of the City may be created unless authorized by the affirmative votes of two-thirds of the electors voting on such proposition at any election at which the question is submitted to the electors and unless in full compliance with the provisions of the Constitution of the State of California and of the Charter. Such election and two-thirds approval shall be a condition precedent to the authorization of bonds pursuant to this chapter. (Ord. 4741 § 1 (part); July 29, 1986.)