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DF.S:djg-c 12/8/83 Redwood City Charter be amended to provide for publication of notice of proposed adoption of ordinances, deleting present requirements for publication of entire ordinances? SECTION 10. (a) The Council of Redwood City hereby proposes, on its own motion, to amend the Charter of the City of Redwood City by amending Section 66 thereof to read as follows: "SECTION 66. BORROWING MONEY ON SHORT TERM NOTES: "Bonds or notes issued in anticipation of the collection of special assessments, and bonds, notes, or registered warrants on the Treasury, issued in anticipation of the collection of taxes, may be authorized by the city council by ordinance and shall not be deemed the creation of debt within the meaning of Section 65 of this Charter. Bonds, notes, or registered warrants on the Treasury issued in anticipation of the collection of taxes of any fiscal year shall be issued only during the first four months of such fiscal year, and each such bond, note, or warrant shall specify that it is payable solely out of the revenues of the fiscal year in which issued, and before the close of such year, and shall not bear a higher rate of interest than ~~ve ~5t four Jil per cent per annum, more than the average of the rates ~ interest per annum paid to the city during the three (3) months next preceding the proposed date of issuance of such bonds, notes or warrants on investments of general municipal funds not required for immediate expenditure, and the total amount of such bonds, notes or warrants, authorized and issued in any fiscal year shall not, in the aggregate, be more than twenty-five per cent of the total appropriations of the city for such year." (b) Said Charter amendment proposal shall be submitted to the electors of the City of Redwood City at the General Municipal Election to be held in the City on April 10, 1984, in the form of a proposal to amend said Charter by amending Section 66 thereof. On the ballots and on the voting machines to be used at said election, in addition to all other matters required by law to be printed thereon, shall appear the following: PROPOSITION H: Shall Section 66 of the Redwood City Charter be amended to limit the interest payable 14