80R-096
RESOLUTION NO. 80 R-96
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ANAHEIM, CALIFORNIA, ORDERING, CALLING,
PROVIDING FOR AND GIVING NOTICE OF A SPECIAL
MUNICIPAL ELECTION TO BE HELD IN SAID CITY ON
JUNE 3, 1980, FOR THE PURPOSE OF SUBMITTING
TO THE QUALIFIED VOTERS OF SAID CITY A PRO-
POSED AMENDMENT TO THE CHARTER OF SAID CITY
AND CONSOLIDATING SAID ELECTION WITH THE
STATEWIDE GENERAL ELECTION TO BE HELD ON SAID
DATE.
WHEREAS, pursuant to authority provided by Article
XI of the Constitution and Title 4, Division 2, Chapter 3 of
the Government Code of the State of California, the City
Council of the City of Anaheim desires to submit to the
electors of said City the hereinafter specified proposed
charter amendment; and
WHEREAS, the City Council of the City of Anaheim
is thereupon authorized and directed by statute to submit the
proposed amendment to the Charter to the qualified voters of
said City.
NOW, THEREFORE, the City Council of the City of
Anaheim, California, does hereby resolve, declare, determine
and order as follows:
SECTION 1. That pursuant to Article XI of the
Constitution and Title 4, Division 2, Chapter 3 of the
Government Code of the State of California, it is hereby
ordered that said proposed amendment to the Charter of the
City of Anaheim be submitted to the electors at a special
municipal election to be held in said City on June 3, 1980.
SECTION 2. The proposed amendment to the Charter
of said City to be submitted to the voters shall be as
follows (additions are underlined and deletions are indicated
by cross-outs):
Section 1210. REVENUE BONDS.
Bonds which are payable only out of such revenues
as may be specified in such bonds may be issued when
the City Council by ordinance shall have established a
procedure for the issuance of such bonds. Such bonds,
payable only out of revenues, shall not constitute an
indebtedness or general obligation of the City. Except
as provided in section 1210.1, no He such bonds payable
out of revenues shall be issued without the assent of a
majority of the voters voting upon the proposition for
issuing the same at an election at which such proposi-
tion shall have been duly submitted to the qualified
electors of the City.
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It shall be competent for the City to make
contracts and covenants for the benefit of the holders
of any such bonds payable only from revenues and which
shall not constitute a general obligation of the City
for the establishment of a fund or funds, for the main-
taining of adequate rates or charges, for restrictions
upon further indebtedness payable out of the same fund
or revenues, for restrictions upon transfer out of such
fund, and other appropriate covenants. Money placed in
any such special fund for the payment of principal and/
or interest on any issue of such bonds or to assure the
application thereof to a specific purpose shall not be
expended for any other purpose whatever except for the
purpose for which such special fund was established and
shall be deemed segregated from all other funds of the
City and reserved exclusively for the purpose for which
such special fund was established until the purpose of
its establishment shall have been fully accomplished.
Nothing contained in this Section 1210 shall limit
the power of the City to borrow money in anticipation
of the sale and issue of revenue bonds which have been
duly aut.1i'O"rizecI hereunder, in ~ sum not in excess of
the principal amount of said bonds. For that purpose,
the City may sell and issue negotiable revenue bond
anticipation notes in such manner and subject to such
terms and conditions as the City Council may prescribe
~ ordinance.
Section 1210.1. REFUNDING REVENUE BONDS.
(a) Refunding bonds may be issued to purchase,
redeem or retire any revenue bond anticipation notes
heretofore or hereafter issued Eursuant to Section
1210.
(b) Refunding bonds may be issued to purchase,
redeem or retire any bonds heretofore or hereafter
issued pursuant to Section 1210 or this Section 1210.1,
whenever the City Council determines ~ ill the true
interest cost to maturity on such refundIng bonds
is less than the true interest cost to maturity
on the bondS ~be-refunded, or~ ISsuance of the
refunding bondS will remove or mItIgate resfrICtIVe
contractual limitations pertaining to the bonds to be
refunded. The last maturity of any issue of refunding
bonds issued under this paragraph 1Ql shall be no later
than the last maturity of the issue or issues of bonds
to be refunded. -
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All provisions of Section 1210 are applicable to
refunding bonds, except that no additional election
shall be required to authorize their issuance.
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The foregoing proposal hereby submitted shall
appear upon the ballots for said special municipal
election in the following form:
Shall Section 1210 of the Charter of
the City of Anaheim be amended (1) to
permit the issuance of refunding bonds to YES
purchase, redeem or retire revenue bonds
already approved by voters without an
additional vote; and (2) to permit the
issuance of revenue bond anticipation
notes in anticipation of the issuance of NO
revenue bonds already approved by voters?
L
SECTION 3. That the polls for said election shall
be opened at seven o'clock A.M. of the day of said election
and shall remain open continuously from said time until eight
o'clock P.M. of the same day, when said polls shall be closed,
except as provided in Section 14301 of the Elections Code of
the State of California.
SECTION 4. That the special election hereby called
for the date hereinbefore specified shall be, and is hereby,
ordered consolidated with the statewide general election to
be held on said date, and within said City the precincts,
polling places and officers of election for the special munici-
pal election hereby called shall be the same as those provided
for said statewide general election. The Board of Supervisors
of Orange County is hereby requested to order the consolidation
of the special municipal election hereby called with said
statewide general election, and the Registrar of Voters of the
County of Orange is hereby authorized to canvass the returns
of said special municipal election, and said elections shall
be held in all respects as if there were only one election,
and only one form of ballot. Said Registrar of Voters shall
certify the results of the canvass of the returns of said
special municipal election to the City Council of said City
which shall thereafter declare the results thereof. The propo-
sitions submitted by this resolution shall be designated on
the ballot by a letter printed on the left margin of the square
containing the description of the measure, as provided in
Section 10219 of the Elections Code.
SECTION 5. That notice of the time and place of
holding said election is hereby given and the City Clerk is
hereby authorized, instructed and directed to give such further
or additional notice of said election in time, form and manner
as required by law.
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SECTION 6. That the City Clerk shall certify to
the passage and adoption of this Resolution; shall enter the
same in the book of original Resolutions of said City; and
shall make a minute of the passage and adoption thereof in the
records of the proceedings of the City Council of said City,
in the minutes of the meeting at which the same is passed and
adopted.
SECTION 7. That this Resolution shall take effect
immediately.
THE FOREGOING RESOLUTION is approved and adopted by
the City Council of the City of Anaheim this 11th day of
March, 1980.
ATTEST:
ElM
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CITY CLERK OF THE ITY OF ANAHEIM
RO F : j h
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that
the foregoing Resolution No. 80R-96 was introduced and adopted at a regular
meeting provided by law, of the City Council of the City of Anaheim held on
the 11th day of March, 1980, by the following vote of the members thereof:
AYES: COUNCIL MEMBERS: Overholt, Kaywood~ Bay, Roth and Seymour
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said
Resolution No. 80R-96 on the 11th day of March, 1980.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 11th day of March, 1980.
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CI~LERK OF THE CITY ANAHEIM
(SEAL)
I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that
the foregoing is the original of Resolution No. 80R-96 duly passed and adopted
by the Anaheim City Council on March 11, 1980.
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CITY CLERK
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