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HomeMy WebLinkAboutCity of Tamarac Resolution R-1975-027This Resolution was introduced by Temp. # �> C,- C1- nale(lj�t7 �2� CITY OF TAMARAC, FLORIDA RESOLUTION NO. A RESOLUTION DECLARING THE RESULTS OF THE GENERAL ELECTION REFERENDUM ON AMENDMENT TO THE CHARTER OF THE CITY OF TAMARAC WHEREAS, a general election was held on March 4, 1975 for the purpose of a referendum on Amendments to the Charter of the City of Tamarac, and WHEREAS, the City Council has accepted the results of the Votomatic voting and absentee ballots as certified by the Election Board. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That pursuant to Florida Statutes, Section 166.031, the following amendment is declared to have failed: "SECTION 92 of ARTICLE XIV of the Charter of the City of Tamarac shall, be amended to add thereto a section (d) which shall read as follows: SECTION (d). EMERGENCY RESERVE ACCOUNT The budget may include an emergency reserve account which shall not exceed an amount three per cent (3%) of the general fund budgeted expenditures in any one budget year. The City Council, by resolution, may appropriate said funds only upon a valid finding that an emergency has arisen since the adoption 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 three per cent (3%) of the general fund budgeted expenditures may be budgeted in each year until a maximum of four (4) years appropriations shall have been accumulated. Thereafter said account shall be maintained at that level by budgeting each year only in amounts which have been properly expended but not to exceed three per cent (3%) of the general fund budgeted expenditures in one given year. The total of proposed expenditures shall not exceed the total of estimated income. There shall be no proposed expenditure other than that which has been detailed by offices, departments and agencies, in terms of their respective work programs, contingencies or any other general labels which fail to state the purpose and de- partment of expenditure other than items labeled mis- cellaneous in the emergency reserve set forth in para- graph (d) above are hereby prohibited. Said fund shall be segregated in a separate account or in Certificates of deposit or in some other legally securea account so that the maximum amount o interest may be earned ana not commingled with any other city funds, until. it is appropriated as provided in the first paragraph under Section (d) above." PASSED, ADOPTED AND APPROVED this ,j ,d y of 1975. \1 IN ATTEST: CITY CLERK I HEREBY CERTIFY that I have approved the form and correctness _. of this:Resolution. A RECORD OF COUNCIL VOTE vM a. TUCI7 _ I Awl .—. C/W F. LAND , IAA C/W H. MASSARO I C/M M. GLICKSMAN_