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HomeMy WebLinkAboutCity of Tamarac Ordinance O-1973-021This_ ORDINANCE ,...r.w a s introduced 'Temporary r CITY OF TAMAI2AC, FLORIDA ORDINANCE NO. AN ORDINANCE AMENDING SECTION 92 OF ARTICLE XIV OF THE CITY CHARTER OF THE CITY OF TAMARAC RELATING TO EMERGENCY RESERVE ACCOUNT IN THE GENERAL, FUND; PROVIDING AN EFFECTIVE DATE AND PROVIDING FOR VOTER APPROVAL BY REFERENDUM. WHEREAS, the City Council is authorized to submit Charter Amendments to the electors of the City by referendum pursuant to the provisions of Section 166.17 FLORIDA STATUTES, and WHEREAS, the Council deems the subject amendment to be desirable. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE City of Tamarac, Florida: SECTION 1: That Section 92 of Article XIV of the City Charter of the City of Tamarac is hereby amended to read as follows: "(d) EMERGENCY RESERVE ACCOUNT IN THE GENERAL FUND The budget may include an emergency reserve account which shall not exceed in amount one and one-half (1 1/2) percent of the general fund in any one budget year. The City Council, by resolution, may appropriate said fund only upon a valid finding that an emergency has. arisen since the adopting of the current budget which affects the health, welfare or morals of the residents of the City. Any monies unspent in said account shall be rebudgeted to the same account in succeeding years and a like amount of one and one- half (1 1/2) percent of the general fund may be budgeted in each year untila maxim m of twelve (12) percent of the current year's budget shall have been accumulated. The term 'emergency' for the purpose of this section shall be defined as any natural or man-made disaster, crisis or calamity such as but not limited to fire, flood, plague, pestilence, drought, famine and hurricanes." SE(7TON 2: That this amendment shall become effective upon approval by a majority of the electors voting in a referendum upon such amendment. SECTION 3: That the referendum on this Ordinance shall be held at the general election in the City of Tamarac, 1973. SECTION 4: This Ordinance shall become effective immediately upon its final passage. PASSED FIRST READING this -day of- 1972. L PASSED SECOND READING thisday of%L �zxe-%�.. , 1972. PASSED THIRD READING this L(D day of 1973. ATTEST: 1 1 HERERY CERTIFY that 1 have approved the form and correctne,;s, Of this N A RECORD OE COUNCIL VOTE Mayor Sell -man Vice Mayor Lange Colinciirnz,n Johnson Couridiman S!,,LIILZ Missaro 6 'M