HomeMy WebLinkAboutOrdinance 1026 N.C.S. 07/19/1971~ ~ ` '~'~ ~ _~ .
TrTm~on
.
~
. ~ ~ GITY OF PETAI~UMA, ~1 ~~
~ ~ ~r ~
. ,L
' ORDINAN.CE N0. 102 6;N. C. S. ~
AN ORDIIQANCE OF THE COUNCIL OF THE CITY OF PETALUMA
ENACTING THE PETALUMA REVENUE BOND LAW
RELATING TO'THE ISSUANCE AND SALE QF REVENUE BONDS
, .
~ ~ FOR CERTAIN PURPOSES
WHEREAS, tlie Council of the City of Petaluma,
acting under and,pursuant to the powe~rs granted and
reserved to the Cit,y of Retaluma under S"ections 3 and,5
of Article XI of the Constitution of the State of California
I
. and Seation 81 of the Charter of the City of Petaluma,
~ do~es hereby find and determine that the publi:c interest
~
and necess:ity require the establis:hme:nt;b.y this procedural
or;dinance of a procedure for the issuance and sale of .
revenue bonds of the Cit.y of Petaluma for certain purposes;
NO~1, THEREFORE, BE IT ORDAIN~D I3Y THE .COUN:;CIL.
OF~ THE CITY OF PETALUMA AS FOLLOWS:
~
Seetion 1. This ordinance shall be known as
_ _ ,
th;e Pe:taluma Revenue Bond Law, and is enacted b.y the Counci 1
of th'e City .of Petaluma. under and pursuant to ~the powers
~. gr:anted arid reserued to the City of Peta`luma under Sections
3 and 5 of. Article ;XI bf the Constitution of the State
o£ California an,d Section 81 of the Charter of the City
of Petaltuna, and is enacted for the purpose qf establishing
. a procedure for the issuance and sale of revenue bonds
of' the~~,City of Petaluma -for certain 'purposes. This ordinance
~ ~ fiXes. and._,establishes the-.enti:re.pr.oceelure 'for. .the ~.issuance and~ • ~
sale ;o~. <said.~~r:everi~ue ~ bonds °and no .otl-ier law .shall be applieabl'e;.
ther:e:to.. .
~
~
, ~ .
: : .. . . - ~~ .
~ ,. ,: ~. :' , .
Secti,on; 2. Whene~ver- . the pitblic interest ~arid ,.necessity ~.
so..~~equire; ~he Council ~.o-f the, C~ity of~ Pe~a;luma may; a:cting• under~~.
~ thi,s~~ordinance., b:y resol,ution or~ resolutions issue revenu.e. bonds• ..
for' the following; pur;pose:s : „
~ (a), The obtaining, conse~rving, treat"ing~and~supplying
o~ water ~for domestic use, irrigation,.~sanitation, industrial use,.
fire protection, recreation, .or :any oth~~r ~publ.ic o~~• private uses.
(b} The~collect~on;. treatment•or disposal of garbage.
; ~ __ . • ~
~ or refuse,matter. ~
~ (c ~ The collection ,, treatment or- df sposal of' sewage ,
was•te or sto.rm~ water,, ~.including~ drainage~ .'I'he pr`ocedu~e for .~he ~
issuanc.e of ~such•,revenu:e ~bo.nds-:sha11 be the procedure set~..f'ortli
in the Revenue Bo,rid~ Law ot..1941 .(commencing w%th, Section 54300 of
t.he' California Governinen~t Code) , and by this r.ef'e~ence; with the
ex~.eption here~nafter~sta.ted, the pr~ovisioms of~said Law ~axe in-~
c:orporated he~rein; ~pr•ovided,. however~; that no elec~ion to author-.,
ize~~he issue of such revenue•bonds, shall be required or he'ld;
and~to that.end 5ections 54380 through 54387 of said Gove~°nment.
Code~~are not incorpora~ted herein~and sha11 not be applicable to.
~:he is'suance of' ' s.uch .•revenue bonds ~
:
- Se:c~tion .3. This ordinan.ce shall .;be liberally construed
J ~
p~ to ca~ry out:its~purposes: ° .
Section 4. Or,dinance~ No. 259 ;"N:C.S. ,. enacted; -on~~November
, .17 , 1952 , ~.s h~reby'•-repea;l,ed. ~ ~ ~ ,
Section-, 5.:: Th~is ordinance ~ shall take. ef'f'ect , thirty (30)~.
days after ~ the date of its ~f;inal passage ~ and approval..~ ~
Sec~.ion 6:. The City. Clerk be., and she is he~reby d%rected
to p~xbl=ish ~his ordinance for '.the per~;od and in ~ th:e manner ~ requir~ed
by ~he City -.Char~er. '. "
6 h ~ Jul ~
ORDERED. PUBLIS~HED this '~ ~-~ day of ~~ , 1.971 ,.
~ ~,'... ' . „
. ' -~ /
~ ~ . '. , . ` • „ ~ ,.
I
r - -2- ' .
~ ~, , .
. f~ .
.-:~ - .
i?1,. I heieby certify that th`e within ocdinance .was gublished in fiull once 'in, the .P,etaluma -Argus~Gourier„ a daily: paper of,
~:: . ~ ;
~ ~~ . . ~ July 10 } 71
;1 , ,general circulation, publish_ed- within the CiCy :of Pefaluma, to>w~t,,.._ _ ._. ........ ...... .: . ... ................. ................ .19......_....
`' and tliat the 'said, Petaluma ,tlrgus~Cour"ier `is" the, official newspa"pec of the City of PeEaluma.
I her"eby certi£y ;that ~lie wliole. number .of inembers; ofi the 'Council of the C'ity of; Pecaluma, 'is seyen; arid that `the;
~ : -- .
~
foregoing ord~riance' was; passed 15y: the .Council'at its ineeting of'.. .19_th ._... day o£ ~_: .:_._...: `TU1~' ._.._ .___- _,
19 711' by the~ following voEe, fo-wit: ' `
Brunner Ca~a~n.agh , Jr "
AYEtlS: ~ CO.UNCII:Mt1N..: W. ~- ~ - - - --- - - ------ _ _------•- -------••-- COU.NCILMAN;: - ---•-~ -••---~- -------... . .•-•------•--~
t1YES':° COUNCILIvfAN _..........C12Cdk--------------------------••-----. COLPNCILIviAN; -,•,---,D11y
r;
.ca 'i 't,~~
~.
AYES:
NOES`:
t1BSENT':.
(~SEt1L)
COUNCILMAN . ..------ Ma.ttBi-=--- -------- ,--_.;:_
Putnam
MAYOR. --_-_ _ •••::-- . -:---- :..~-- .. ----•• --........,
. ~ None .
COUNGILMAN, .:._;P~Xr.~l ~....,IY' .
--••-•.-•°--•----•------ -... .,•:•:.:-.v~ >
CITY CLERK
The foregoing Ocdinance Number 1 ~ 2.6 NeW Charter Series,~ having been regularly passed and presented to_ me
this .._: 19 th ,,: da f" ;::. `1U 1 71. y pProved by' me ,this.. ....... .... ....:.day.
, . _ Y o ~ •• Y - -- -•.y_:._ , ..:----• •---,-; 19 ..._.... ;, `is hereb a ' ' l ~ trl
Ju1y 71, . August 18, 1971,
of .-----•-~ •---- •----•--- --- •--------------------••-••--•-•-------~ 19------:_.. Effecfive date--~ ---:-- ••••• -•,s ,•-•-,.
~ . ~~~ ~ ~-
. . ......... ....._ .------_..-- ,: ~ .--.r-_ -._._• .- -~ -- _.,-.-._~•_-.
MAYOR