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HomeMy WebLinkAboutCC ORD 1980-1720 Amends §§ 14.08.028 and 14.08.030, capital outlay fund (14.08)ORDINANCE NO. 1720 AN ORDINANCE AMENDING ORDINANCE NO. 725 RELATING TO THE CREATION AND ACCUMULATION OF A FUND FOR CAPITAL OUTLAYS AND ADOPTING SAID ORDINANCE AS AN URGENCY ORDINANCE BE IT ORDAINED by, the City Council of the City of National City, California, that Section 2 of Ordinance 725 and Section 4.08.028 of the National City Municipal Code is amended to read as follows: "2. Said fund shall be an accumulation of moneys of said City as a reserve for future expenditures. Any unencumbered surplus in any municipal fund that may be used for the general expense of the City remaining on hand at the end of each fiscal year may be transferred to such fund." BE IT FURTHER ORDAINED that Section 3 of Ordinance 725 and Section 4.08.030 of the National City Municipal Code is amended to read as follows: "3. The City Council may, at its option, from time to time, by resolution, transfer any unencumbered surplus to any existing fund." This ordinance is an urgency ordinance necessary for the immediate preservation of the public peace, health, or safety within the meaning of the California Government Code and shall go into immediate effect. The facts consti- tuting such necessary are: In order for this ordinance to properly implement the provisions of Proposition 4, permitting said use of capital outlay funds, which the people of California approved at the November, 1979 general election, it is necessary that this ordinance take effect immediately. PASSED AND ADOPTED this 10th day of June, 1980. 7 ATTEST: (.? CITY CLERK Passed and adopted by the Council of the City of National City, California, on June 10, 1989 by the following vote, to -wit: Ayes: Councilmen Nays: Councilmen Camacho, Dallas Van Deventer, Morgan. Waters. Absent: Councilmen None. Abstain: Councilmen None. AUTHENTICATED BY: KILE MORGAN Mayor of the City of National City, California 1 aNE CAMPBEL City Clerk of e City of National City, California By: - Deputy I HEREBY CERTIFY that the foregoing ordinance was adopted on June 10, 1980 , under the provisions of Secs. 36934 and 36937(b) of the Government Code. I FURTHER CERTIFY that the reading of said ordinance in full was dispensed with by a vote of not less than a majority of the members elected to the City Council. I FURTHER CERTIFY that the above and foregoing is a full, true and correct copy of Ordinance No. 1720 of the City of National City, passed and adopted by the Council of said City on June 10, 1080 ION ' CAMPBELL Ci y Clerk of the City of tional City, California