Ord36 374 - Laserfiche WebLink

Browse Search

the United States of America, for public purposes, when authorized by a majority vote of the aualified voters of the city, voting upon the question of authorizing any such grant at an election. Section 48a. LEASES: The Board shall not make or enter into any lease or any property belonging to or possessed by the City of Redwood City within the "Port Area" except in accordance with the manner, end subject to the pro- visions of Section 3, Subdivision 18, of this Charter, and all powers and duties therein imposed upon the Council are hereby conferred and imposed upon the Board in respect to property under jurisdiction, and, provided further, that all leases made shall be subject to the referendum provisions of this Charter. Section i*Sb. AIMULL BUDGET: The Board shall annually, on or before the third Monday of 11zy, carefully prepare a budget setting forth the estimated receipts of the port, and from other sources, for the ensuing year, and the sums of money necessarily required for the administration of the department, and for maintenance, operation, construction and development of the port and its facilities for the ersuinc year, and stating the amount necessary to be raised by tax levy for said purposes. Said budget, when so prepared, shall be certified by the President and Secretary of the Board, and a certified copy thereof shall, on or before said date, be filed with the City Clerk, one with the City Manager, and one with the Auditor. Section 49c. TAS LEVY MMS: The act of filing such budget, as pro- vided for in the foregoing section, shall constitute an appropriation to the Board of the total amount so specified therein as necessary to be raised by tax levy, end such amount shall become a part of the annual budget of the Council, and shall be deemed included in the proceeds derived from any tax which the Council, in accordance with Sections 55 to 57 of the Charter, may levy. Provided, however, there is reserved to the Council the right to reduce the amount of such appropriation by adopting an ordinance therefor at any time prior to the introducing of its ordinance fixing the annual rate of taxation, statir_g specifically therein its reasons for making such reduction. Such amount so fixed by the Council shall thereupon be included- in its annual budget and tax levy in lieu of the amount fixed by the Board. It shall be the duty of the City Auditor to credit to the Board the II 7•