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3 <br />1 <br />U <br />gas and other works for light, power and heat; public libraries, museums, gymnasiums, <br />air ports and other public utilities within and without the city limits, and to grant <br />franchises for the construction of public utilities, as they may deem proper; the laying <br />of railroad tracks and the running of cars thereon, and the laying of gas and water pipes <br />in the public streets, and to permit the construction and maintenance of telegraph lines <br />therein. <br />In the acquisition of any of the utilities mentioned herein the city is hereby <br />authorized to make contracts fixing rates for service, and providing for expenditures or <br />incurring financial obligations to be paid in whole or in part in succeeding fiscal years, <br />for or on account of the acquisition of any such public utilities, and any extensions and <br />improvements thereto or thereof, or for the extension and improvements of any utility now <br />owned or under the control of said city. All payments under said contracts shall be made <br />out of the revenue fund pertaining to the municipal works or utility for or on account of <br />which such indebtedness was created. In any such contract the city may provide for the <br />operation of such utilities pending repayment of the moneys secured by said revenues. <br />And be it further resolved that said 0ouncil of the City of Redwood City proposes <br />on its own motion and suggestion that Section 145 of the charter of the City of Redwood City <br />be amended to read as follows, to—crit: <br />Section 145. Public Utilities. There shall be created a Department of Public <br />Utilities which shall have control of the construction; operation and maintenance of all <br />Public Utilities now or hereafter owned, controlled or operated by. the city, except as <br />otherwise provided in the charter. The Department of Public Utilities shall be under the <br />supervision of the City Manager or a Superintendent or such subordinates as the City Manager <br />shall appoint. The City Manager may remove any of such employees, at his pleasure, and shall <br />make such rules and regulations for the management of the Department as are not in conflict <br />with any of the provisions of this charter. <br />The Treasurer shall keep the funds and interest accruals of each utility in a <br />separate account and shall disburse the same for the purposes pertaining to the utility from <br />or on account of which such money was received as follows, to—wit: <br />1. For the necessary expenses of operation, maintenance and repair of such works <br />or utilities. <br />2. For the repayment of moneys invested in such works or utilities and the payment <br />of interest thereon. <br />j. For improvements and betterments to such works or utilities. <br />14. For reserve for depreciation and surplus accounts. <br />Any balance may be transferred to the general fund of the city upon the authorization <br />of a five—sevenths vote of the City Council. <br />The books of each utility shall be kept in accordance with the state regulations <br />governing the accounting of public utilities, as far as they are applicable to publicly owned <br />utilities, and a report in detail shall be made to the council monthly. <br />7 <br />