Loading...
Following the findings, as provided in the preceding section, the Board of Supervisors shall approve or reject the proposal; provided, however, that failure to approve or reject the proposal within 30 days from and after the date of its introduction shall constitute approval thereof, except in the instance where it is incumbent upon the Board of Supervisors to provide by tax levy for any additional amount necessary to meet the deficit for the next ensuing fiscal year for the operation of such utility.
(Ord. No. 7384 (1939), Sec. 5)
Proposal Submitted to Voters Pursuant to State Law and Charter. | |
Proposal to be Submitted to the Capital Planning Committee; Report Therefrom. | |
Proposal to be in Form of Resolution; Drafting, Contents, Introduction to Board and Referral to Committee. | |
Referral of Resolution to Controller; Statement to Voters. | |
Time of Adoption of Resolution Before Election; Time of Passage of Ordinance Ordering Election. | |
Inapplicability of Article to Proposals by Initiative Petition. | |
Limitations on Bonded Indebtedness. | |
Airport Revenue Bonds. | |
Any proposal for the incurrence of indebtedness of the City and County for public improvements, payable from the proceeds of taxes levied upon property in the City and County, which is submitted to the qualified voters of the City and County by the Board of Supervisors, shall be submitted in accordance with the applicable provisions of the general laws of the State and the Charter of the City and County, subject only to the limitations imposed by this Article.
(Ord No. 567-58, Sec 1; amended by Ord. 133-99, File No. 990584, App. 5/28/99)
Any department of the City seeking to incur general obligation indebtedness on behalf of the City shall submit a proposal meeting the requirements of Section 3.21 of this Code to the Capital Planning Committee not less than 188 days before the election at which such proposal is to be acted upon by the voters. The Board shall not place any proposal on the ballot until the Capital Planning Committee has completed its review of the proposal and submitted its recommendation to the Board in accordance with Section 3.21 of this Code.
(Added by Ord. 112-87, App. 4/24/87; amended by Ord. 495-88, App. 11/15/88; Ord. 133-99, File No. 990584, App. 5/28/99; Ord. 75-14, File No. 140226, App. 5/28/2014, Eff. 6/27/2014)
Loading...