HomeMy WebLinkAbout1970-07-15 (Special) Meeting Agenda Packet-
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July 13, 1970 -Special City
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JULY 13, 1970
NOTICE OF CALL BY THE MAYOR
FOR SPECIAL SESSION OF THE CITY COUNCIL
MONDAY , JULY 13 , 1970 -7:30 P.M.
The city council of the city of Englewood, Arapahoe county,
Colo r ado . is hereby called to a special meeting in the City
Hall . 3400 South Elati Street, for the purpose of considering
an inc r ease in the retail sales and use tax from 2¢ to 3¢ and
all mat t e r s oe r taining thereto.
STANLEY H. DIAL
City Manager
ACKNOWLEDGEMENT OF RECEIPT OF NOTICE
The following persons, all councilmen of the City of Englewood,
Colorado, do hereby acknowledge receipt of Notice of the above
special session:
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SPECIAL MEETING :
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COUNCIL CHAMBERS
CITY OF ENGLEWOOD, COLORADO
JULY 13, 1970
The city council of the city of Englewood, Arapahoe
county, State of colorado, met in special session Monday, July
13, 1970 at 9:30 P.M.
The following "Notice of Call" was read by the City
Clerk:
July 13, 1970
NOTICE OF CALL BY THE MAYOR
FOR SPECIAL SESSION OF THE CITY COUNCIL
MONDAY, JULY 13, 1970 -7:30 P .M.
The City council of the City of Englewood, Arapahoe County,
colorado, is hereby called to a special meeting in the City
Hall, 3400 South Elati Street, for the purpose of considering
an incr ase in the retail sales and use tax from 2¢ to 3¢ and
all matters pertaining thereto.
STANLEY H . DIAL
City Manager
ACKNOWLEDGEMENT OF RECEIPT OF NOTICE
The following persons, all Councilmen of the City of Englewood,
Colorado, do hereby acknowledge receipt of Notice of the above
special session:
/s/ Milton Senti
/s/ Dallas Dhority
/s/ John Kreiling
/s/ Dick Lone
/s/ Howard R. Brown
/s/ Elmer E. Schwab
Notice was given to the following Councilman who was not in
attendance:
councilman J. Lay
Mayor Schwab, presiding, called the meeting to order
and asked for roll call. Upon the call of the roll, the following
were present:
councilmen Senti, Dhority, Kreiling, Lone, Brown,
Schwab.
Absent: councilman Lay.
Th e Mayor declared a quorum present.
Ma y or Schwab stated that the reason for call1ng the meeting was
to amend the bill for an ordinance increasing the retail sales
and use tax from 2¢ to 3¢ in such a way to cause the reversion
back to 2¢ on December 31, 1976 to be automatic by 1ncorporating
it within the body of the ordinance. The bill for an ordinance
approved on July 6 contained a declaration of intent to revert to
2¢ in the preamble, but did not incorporate this feature in the
body of the bill. Mayor Schwab stated that this would cause the
second reading to take place at a special meeting on July 27, 1970 •
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City Clerk Lyon read the amended portions of the bill,
A BILL FOR
AN ORDINANCE AMENDING SECTIONS 16.5-3(a), 16.5-10, 16.
5-16(c), 16.5-17, 16.5-20 (b) and 16.5-38, OF THE MUNICIPAL CODE
OF THE CITY OF ENGLEWOOD TO INCREASE THE TAX LEVIED BY SAID
SECTIONS FROM TWO (2) CENTS ON EACH FULL DOLLAR AND OF EACH RETAIL
SALE OR ACQUISITION CHARGE, TO THREE (3) CENTS FOR EACH FULL DOLLAR
THEREOF: ESTABLISHING A SCHEDULE FOR THE COLLECTION OF SUCH TAXES
WHERE THE SALES PRICE OR ACQUISITION CHARGE OF ANY TAXABLE ITEM
INCLUDES A FRACTIONAL PART OF A FULL DOLLAR SEGREGATING AND USING
SAID ADDITIONAL REVENUES FOR CAPITAL IMPROVEMENTS EXCLUSIVELY
DECREASING THE VENDOR'S FEE FROM 2.5% TO 1.6% AND INCREASING THE
ITINERANT VENDOR'S FEE FROM FORTY($40.00) DOLLARS TO SIXTY ($60.00)
DOLLARS, AND DIRECTING THAT SAID INCREASE TAX EXPIRE ON DECEMBER
31, 1976.
COUNCILMAN LONE MOVED, COUNCILMAN BROWN SECONDED, THAT
THE BILL FOR AN ORDINANCE INCREASING THE RETAIL SALES AND USE TAX
FROM 2¢ TO 3¢ BE AMENDED IN TITLE AND BY ADDITION OF A NEW SECTION
7 CAUSING THE SALES TAX TO REVERT AUTOMATICALLY TO 2 ¢ ON DECEMBER
31, 1971 AND THAT THE BILL, AS AMENDED, BE REPUBLISHED IN THE FALL
IN THE ENGLEWOOD HERALD AND ENTERPRISE.
Ayes: Councilmen Brown, Dhority, Kreiling, Lone, Senti,
Schwab.
Nays: None.
Absent: Councilman Lay
The Mayor declared the motion carried.
(Copied in full in the official Resolution Book.)
COUNCILMAN LONE MOVED, COUNCILMAN KREILING SECONDED,
THAT THE MEETING BE ADJOURNED. Upon the call of the roll, the
votes resulted as follows:
Ayes: Councilmen Brown, Dhority, Kreiling, Lone,Senti,
Schwab.
Nays: None.
Absent: Councilman Lay
The Mayor declared the motion carried, and the meeting adjourned
at 9:55 P.M.
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A BILL FOR ,'''' 1 ~ '70
C/~O U f\C/l i.IV.
·' <. OF E:NG to' li\IG FILE; .~ 0 INANCF AMr.NDING SE CTIONS 16 • .5-3(e)1 16.5-10, 16;)~'f~Rf}fQ.L.Q.
16.5-ll, 16.5-20(b ) AN D 16.5·38, OF TID ~fUN I<..IPAL COO l: OF THE
CITY OF F NG LE.WOOD TO IMCiti.AS E THE TAX LE VI ED BY SAID S CTIONS
FROM TWO (2) CEMTS ON E ACH FULL DOLLAR AND OF EACH RETAIL SAL£
OR ACQU ISITION CHARGE 1 TO TRRE ~ (3) CENTS FOR EACH FULL DOLLAR
Tfu .•. OF; ESTABLISHIMG A SCHEDULE FOR THE COLLECTION OF SUCH
T AX~ ~~RE THE SALES PRICE OR ACQUISITION CHARG E OF ANY TAX -
A8 LL: ITt.M INCWD ES A FRACTIONAL PART OF A FULL DOLLAR SE G .-
GA fi~G AND USING SAIJ ADDITIONAL ReVENUeS FOR CAPITAL IMPROVE -
."ll:NTS l:.XCLUSIVLLY DECREASIMG THE VE.I!IDOR 'S Ff~ FROM 2.51. TO
1. 6'%. AND INCR.t.AS IMG TH.I: ITINERANT VE.NDOR' S FEE FROM FORTY
($40.00) DOLLBS TO SIXTY ($60.00) DOLLARS 1 AND DIRECTING THAT
AI D INCREASE TAX EXPIRE ON D~CEMBER 31, 1976.
WHE REAS, the City of Englewood Capital Improvement Progr ..
is a six-year program involving the scheduling of and funding
for major obysical needs of the City of Englewood; and
WHEREAS. pureuant to Article X, Part I, Section 95 of the
City Charter, the City Manager hae submitted his recommendation
fo r a progr .. of proposed capital projects for the fiscal year
19 70 and for five (') fiscal years thereafter; and
W~R AS, pursuant to Article VIII, Part II, Section 56 of
the City Ch arter, the City Plannift8 and Zonift8 Commission is
now reviewing and revising recommended Capital improvements,
which said Commission considers necessary and desirable to be
c ons tructed within the forthcoming five-year period; and
WHEREAS, the following, among othe~ are tboee Capital
Improve .. nta eonaidered by this Council after recommendations
made from the City Planning and loning Commission and the City
Manager to be of a aore urgent nature and which will best pro•
mote the health, eafety, order, convenience and the aeaeral
welfare of the reeidents and citizen• of the City of Enalewood.
they are: A City Storm Drainage Syetem, City Central fire and
Police Headquarter•, School Crollina Signals, Park Replcement
Progr•, Major lire Apparatus and Public Ubrary Expansion.
\mEREAS, the Council finds and determines that the most
sec ure, favorable and reliable source of revenue to finanee
sa i d Capital ~rovements is the taaporary increase of the
City's Sales and Use Tax by one (1) eent; and
WHERE AS, it is the intention of the Council. as expressed
in this ordinance, that all revenue realized from said temporary
i ncrea e shall be segregated and deposited in a separate account
and u ed solely and exclusively for Capital Improvements with
ubst antial suae devoted to the conatruction of a City Storm
~ewe r Drainage Syetea; and
~EIEAS, the Council intende and contemplate• that euch
a ddi tional one (1) cent tax increase as set out herein shall
cease and again revert to a two (2) cent level on December 31,
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11011, TIIIUfOII, II lT OIDAIDD D !II Cin COUIIClL OF THF.
ctn o. ~IIQLIWOOD, co~. aa foll ... z
Sectl:i 1. Soctloa 16.5-l(a) of tbe MuDlclpal Coda of the
City of 1aa ewood la ~~~Y ... ado• to ~ad aa fo1Lo.8:
"ftoctiag 16. 5·3 Sa1fa lp Ltn·
(a) 'lho~ ia be~hy illpoMd upoa all aalea of
all ita.. apociflod iD Soctloa 16.5-2 within tho boundaries
of tho City of i.aa:Lewood a ta 1a accordaea wltb the
foll811ri.q acbedule:
$0.01 lacludlaa tO.ll ...................... tax
tO.lt lacludlQa tO.Sl •••••••••••••••••••• 1c
$0.52 1aeludtaa tO.I4 •••••••••••••••••••• 2c
to.as t.cl~ t1.oo .................... 'c
Oil aalea 1a ..... , of U.OO, tho tax ahall be 3c on
each full .. u ... of eM ealea price, plua tbe t ..
ah .... 1a ~ ebowe achodula for tho appUoabla frac-
tloaal part of a 4ollar of each auch aa101 price."
'P"3 2. ...,,_ 16. S-10 of tho HIID1dpal Coda of tba
City • laa ..... 1e -~~ ... adod to ~ad aa follan:
"Ststt• 16.5-10 ltiMrMt Jadort.
lay ntailer ....... Mt lac.M te M act1ft1J
....... 1a Mlllaa f• a ,. ....... anacar tba throe (3)
e ..... utift -che, aull, prier te eltcai•« .. MU u. ..... , .. ,.alt wleb ~ Director of fta•a•, a ouh
or eunty boM la ca. .... t of lbty Dellara (t60.00)
for tho -..nc of tho Cit)', 1a nell fora aa -Y be
apprwad by ~ ..U 11 ... a.r of rt=r .. , wlaiall M.t
.Ull .. ....U&l ......... ....na, fer 1M ..,...t
of tho ~taU ••lo• t-• ._or to bas-.... Sash
rotaUora uall .-. reperu of ~ _, of , ... ,
collected, alaall ,ay De •-to die Clt)' of Eqlowood
upoa auola fome .ad at OUGia &faa• u ~ Dinstor of
Fi.II1Mo MJ ~n. A fallYn co Mila auola n,.rt or
te ,.., ., ,_ .. a& tM ''-.,..uw llaall .....
-s.-cliate ....... u. of 1M u.-..... tlla forfolturo
of tho boad poated."
ltstlw l. Stet!• U.S-U(o) of tho -.aiclpal Code of Cllo
Clty of lltalowMd ia -~~ ••••• te .... u fallon:
"(c) 1'M 1'8hn elaall M ... -.•1•4 ~1 •
.-oat •crual to tba aaloa tax n.-li'M to be collected
1JJ &M ncaUar W& *iola, la • .... , Mall bo loea
tlaa Cllo __ , •tully collMIM, aor leee daa tllno
,.r ... , (A) of tM flp&n .. ri_. b)' auMI'•tiaa fna
t111e '"" taable ealoe, aa nfloatM • 1M ni1U'a, the
tocal eal.oe .. acri-. la (~) (2), (J), (4) _. (J), .UOV.,
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u nfloctod oa the ntura; prcwldad, ..._,.r, eM
cetallar _, .. duct h'• tbe total ta a -.at
ot~Qal 1.61. of die 1alo1 ta nqulncl to be .. llectod,
tlldu _, • nta!Md 1tJ tba retailer u a foe for
colloetiaa eal• tax."
!1'''1a:... loatloe 16.5-17 of tbe Nllllidpal CoM of tbe
CitJ o Ia& b hen'J -.ded to road u follow:
"!'St'• 16.5-17 tp • scouu, C•••=F'• M4
Jill..
tltare 1a henbJ to.lod, •d tban Uall •
collac~ fna OWI'J po~ la tM Cit7, a ta ..,_
cba prS..Uo .. of eeeri.q, uatq, or couu.~a& wltlaia
eM ~G"lo1 of tbe City of halawed, .-:, articlo1
of c-.U.lo ponaaa1 proportJ purcbuod at retail f~
1011n01 aatalda tba corporate U.alt1 of tba Cl&J of
iqlawod. S•h ta 1luall be p&Jabla to, 8DII lUll N
eo1loato• bJ, t111a Director of flaaDco la aceor._. with
ella foll-'-8 l.._n1o:
01 S'I'OUQE 01.
ACQVUltlC8 CUIGIS
• CM'f
$0.01 1Dc~t-a fO.ll .................... c ..
$0.1t taoludtaa $0.51 •••••••••••••••••• lc
.0.52 lacludlaa $0.14 •••••••••••••••••• 2c
$0.15 tae~t.l fl.OO •..•••.•.••...•.•• lc
Oa •tor• or acquieitiOD chaqot or coau, la oacoe1
of -dellu, tile ta tlaall be So oa o08h full dollar
of 1uall •tor• or acq1d.dttaa cbArpt or CM&, plua
De ua ..._ la tM ..... Mbachala for tbo appllcula
frootu.&l pan of a .. llar of ••b nola claaqet or
001&.11
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!?"" 5. Soctle 16 • .5·20(b) of cbe -..tclpal c.-of the
CitJ o ... lftood b Mn"J -• .. cl to re .. u folt..:
"al. l!l111pr l!t•dt\t nd lwl.lta.
laJ po.-..a, portMrtlllp or corporat1•, wllo ... 1
DOt -1Dta1D a po~at placo of buaiau td.ca.ia U. .__.••t.e of tba City of lq~d, ad llbo Mall liluiW,
CIOUCI'Ut or laprow _, bullcls.&, clwalU.aa or OCbar
a~c.n or illpnn 1 t to realtJ w~aat .. wc •t~ts.a ella
CitJ 11ua11, upea ..,uculaa for a Mailclia& IIOftllt, ,.,
u a .. ,..it for pa,_at of tbo t .. lori.od ltJ Soc. 16.5-17 • -•t oqual to tllno por coat (3l)tl ftftJ per coat
(~01) of tho oat~tod co1t of tho t.,r .. •••at, oc tbzeo
por OODt (3'1.) of f6ft7 per c-t (50l) of the total coa-
tract price, if eben le a eoatrect for the bulldtaa
ceatructlOD or tap coo am at plt'OYlclocl, bo•,.r, that U
tba oatiltaiOd coat of the lltpronmDt or tho total c•-
tract price 1a 1'D oacota of UO,OOO, the Director of
f1DaDCo lD hla dl1crotloa ead upae applicatloD to hla,
-J authorbo a walwr of aald clopoelt _. accept the
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pa,-nt of aaid tax, oa a -thly, quarterly, or other
bala, baed upoo ectual purobuee of .. tertall, np-
pU.aa -.d •CIUl..-nt for •lab auala taK MJ M due,
aubjeot to MaDb nl•• aDd npalaci_. u &:be aald
Dlnotor of flnaace .. , adopt. In all cue• 11ban
the deposit required by the proviaions of thia section
ia .. de, if it ia determined, at the tt.e of the ca.ple·
tion of the building, dwelling or other structure of
iaprow•nt, fr01a the t.nvoicea and atat-nta reflectlng
the pure haM therefor, that tbe deposit .. de u herein
required, together with the aatual pa,..nt• to ~ City
of Enalewood aa a sales tax, ia in exceaa of the actual
tax due therefor, the person aaking said deposit or
payiaa aaid tax aay .aka application to the Director of
Finance for refund of any ..aunt paid in excau of the
actual taxes due, in which ewnt it shall be the duty of
the peraon making auch application to furnish all aeces•
aery billa and invoice• evidencing over pa,-nt of the
tax, and, if the said Director of Finance is satisfied
that there has been such over payment, he shall refund
auch over payment to the taxpayer. "
Sectiog 6. Section 16.5-38 of the Municipal Code of
the City of Englewood 1a hereby -nded to read •• follows:
Sectiop 16.5·38. Pyrpote of Tax -Distributiop
of froeeedt.
'l'be City Council hereby declares that the purpose
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of the levy of the taxes t.pGted by this ordinance is for
the raising of funds for pa,..nt of the general operating
expenaea of the City and for Capital Improve.enta; pro-
vided, however, not lesa than oae•third of all the revenues
derived froa aaid tax shall be segregated, held apart,
and deposited into a separate "Capital Impro~nt .Account"
and shall be uaed solely to fund and finance Capital ra-
prove .. nta of the ~ity of tnatewood.
Section 7. The ltlllenaentt contained herein shall beca.e
affective ca..ensin& at 12:01 o'clock A.M. on Septeaber 1, 1970,
and, unleu sooaer -nded or repealed shall expire and revert
to the original provisions •• they existed prior to this Amend·
.. nt, at 12:00 o'clock P.M. on Deceaber 31, 1976.
Section 8. All ordinances or parts of ordinances in conflict
with or inconsistent with the provisions of this ordinance are
hereby repealed, except that thia repeal shall not affect nor
prevent the prosecution or punhhaent of any peraoa for any ect
done or ca.mitted in violation of any ordinance hereby repealed
prior to the affective date of this ordinance.
Introduced, read in full and passed on first reading on
the day of 197 .
Published •• a lSi 11 for an Ordinance on the ____ da.y of __________________ ,. 1970.
Mayor
ATTEST:
ex officio City Clerk
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I, Stephen A. Lyon, do hereby certify that the above and
foregoing is a true, accurate and complete copy of a Bill for
an Ordinance introduced, read in full and passed on first
reading on the day of , 1970.
City Clerk
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c 1 1WII4DUCID AI A JILL IY COUICI~~--------------------------
IU
·· ! \...L A BILL FOR ··'' ~ cOU~·( .1\-.• r,ot'.
c\i'f Ql' "-'~v
~ ORDI•ARCE AMtiDIIG S!CTIOII 16.J-3(a), 16.5·10, 16.J-16(c),
16.5-17, 16.S-20(b) ~ 16.5-ll, Or !HF. MDRltlPAL CODE Of Til
CITY 01' ECUNOOD '10 IKUMI !IIi 'I'AX LEVIED IY SAID SICTI ..
riGM TWO (2) cum • UCB fVLL .DOLLa AIID Or IACII D'I'AIL IAL&
oa M:OUIIIn• Cll .. , '10 'I'Dii ()) CIIITS roa UCB fULL DOLLA&
Tllll£0f; U'I'AIUIRUQ A SCUDULI lOa 1'HI COLUcna. or IUCII
TAXIS WREI! 'I'll lALII PUC! OR M:QUlllfiOII CILUGI Or .Alit TAl•
AIU IT&:JI lKLUDU A JUCTla.AL PMT Of A FULL DOLLAI SIGI£•
GATIIQ AIID UIX. lAID ADDlnc.AL U.ftiUES fOR CAPITAL INPIOV!•
HEfti UCLUIIYE.LI DECU.ASlllil til ftiiDOR'S rEt:: noM 2.n '10
1. 6~ AID UCU.MlC 1'111 1Tl8Uft ftiiDOR' 8 R! ftCit roan
(t40.00) DOI.I.MS '10 ilut (f60.00) DOLLAIS, MID DIBCTUG TIIAt'
iAID lliCUAII TAX UPlllE 011 DBCDII&& 31, 1976 •
WIIEIIM, the CltJ of I .. I.MMed Capital IaprootMDt Pr .. r•
h a ala-,.ar proar• i~WGlYi .. ca. achedullaa of •d fwtojiDI
for .. jor pla)'alcal DMda of the Cit)' of lt .. l-..odi aDd
l.aUM, ,.r...-t to Anlclo ll, Part 1, &ectioa 9J of U.
CitJ Charter, tbe Clt:r llaa ... r baa eut.ittod hla rec-DdatS..
for a ~r01r• of propo•d c-..lcal projecu for tho fbcal ,. ...
1970 aDd fer fiw (5) flacal ,. .... clwreatcor; aDd
WIIEUAI, purau.~~~~t to Article Ylll, Part 11, Section 56 of
the Cit:r Charter, the Cit:r Plene«aa and ZoDlDa eo..taaion ia
QOIW reYiewlq aDd Nri.ataa no: adad Capital X.,nt01M8ta,
which aald eo..iaaloe coealdera .... aaar:r aa4 daairabla to be
c0ftatnac:to4 wltllln tho fortbc.alq flw-,.ar ,eriod; ad
WREUAI, tho follCIIIrlna, -a othe~ are tboM Capital
X.,roa•nta c•aidared bJ tllla c-cu after roe~adatioaa
.... fna tho Clc:r Pl-laa .ad Z..illl ec-taaloa aDd the Cit)'
Manqor to be of a 110ft urpat aacure and which will boat pre-
.ote tba healtll, aafet:r, o~r, c..,...loaoo aad tbe paoral
wlfare of the real .. Dta ...S cltl .... of tho City of Eqlewood.
'ftle:r are a A etc, ltea Drat .... S:r•t-, CitJ Ceatral l'lre ...s
Pollee lloadquar~ra, School Cneot.._ Slpala, Part .. ple-at
Proar•, llajor rtre Apparatu ... "'bllc U.brai'J i:.Kpaaalon.
Wllt:I£.AS, the CouacU fllhla ad deteraiaaa that the ••t
Mcure, fnorable aad reliable aourc• of reveaue to finaaca
aald Capital X.,rou1a1 ta ia tbe e..,orary iacroa .. of the
CitJ'• Salu •d Uae Ta bJ oae (1) aenti ad
WH!IEAS, it 1a the latntloa of the COUDcil, •• exprouod
la thia ordiaaace, that all roveauo realized fro. aaid teaporar:r
iac:reaH ahall be MIN&oted ...S dapoaited in a aeparate accouat
and uHd aolol:r ...S oaclualwlJ for Capital laprove.anta vitb
aubat .. tlal ........ ted to tho c ... truction of a CitJ Stora
Sewr Draiaqe Syataa; .ad
WlliUAI, the CouaaU intoed• aDd cont-plat .. that auch
additioaal oae (1) coat taa inere .. e .. aet out herein ahall
..... -.d qala nwrt to a two ( 2) cent lew I on Deco8ber Sl,
1976.
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,.,...t of •aiel ta, • a -thlJ, cnaartarlJ, or edller
bade, ..._. upoa Mtaal ,_......, of .. tartale, ....-
pU.ae _. eout.-at for wlalela nell ta .., be ._,
.Ujeot to euch rule• _. nplatl_. u the •aid
Dlnotor of riuDoe .. , .... t. la all caMI -.n
the dapodt required by the provleiooa of thll aectloo
h .. de, if it 11 detemi.Mcl, at the tW. of the ca.ple-
tioo of the bulldiq, ._lliq or other atructun of
iaprow.at, fr• the bwolae• and atae-u nflectlaa
the purchue then for, that the dapodt .... u henla
requlnd, t ... ther with the Mtual pa.,...te to the CltJ
of Eaalewood ae a ealea tea, 11 tn .. ce•• of the •cual
ta •• then for, tbe per•• ullin& aaid clepollt or
PIJiaa aald ta .. , ..._ appllcatioa to the Director of
rtnaace for refund of •J -..at paid in eueaa of tile
Mtul c .. a ._, la wlalob ewat it aball be the cha&J of
the pereoa .aklQI auoh ..,llcatloo to fu~l1h all .. cea-
aar, bllla aad lawolcee ericleaclna over p.,..at of the
tea, _., lf the eald Dlnctor of rtn.ace 11 aatleflecl
that then haa been auch owr ,.,..at, he ehall nf\alcl
auch owr pa,..nt to the t..,.,er."
tft'f' 6. Sectioo 16.S•ll of the Municipal Code of
ca. c tJ o laalewoocl 11 a.nt., _ ... d to ned aa fell011r1 :
lifctlw lt.s-a. """" of IM -pturlbutl• " rrosnc•.
a. CltJ eo-cu henby declare• that the pur.,.H
of the lewy of the t ... • t.po"d by thia ordioaace 11 for
the ratelaa of fuada for p.,..at of the .. neral operattaa
eape ... • of the CltJ ead lOr Capital laprove.enta; pro•
vlcled, tao.ewr, not le•• 0.. .. -third of all the nw-•
clerlwd fn. aald ta llaall be Hgnaated, held apart,
and clepo~ited lato a •parate "Capital lapro,_nt Accouat"
aad ahall ~ UMd aolelJ to fuad end finance Capital ~
proua .. nta of the CltJ of Eaalewood.
S!s"• z. 1be ..._dlllntl coataiMd herein ahall beca.
effective c-nctaa at 12:01 o'clock A.M. oo ~pteaber 1, 1970,
_., uale11 IOOMr _.....or n,.ated ahall eaylin aDd nwrt
to the orlalul prwri.liou u cheJ edeted prior to thll -.... •
..at, at 12:00 o'clock P.M. oa Dec .... r 31, 1976.
&astipp I. All ordlDeacea or oartt of ordinance• in ~oafllct
with or lncODihtent with tbe provlliona of thil ordlneace an
a.nbJ repealed, except that chll repeal ahall not affect GOr
pNWI\t the proMcutlon or puab'-nt of any pei'IOII for any Mt
done or c~tt•d ln violacl• of ADJ ordinaac:~ hereby repealed
prior to the effective date of thia ordil\al\Ce.
Introduced, ned lft full .ad PUMd oo flnt nadin& on
the daJ of , 197"1 .
Publllhecl u a 1111 for • Ordloance OD the ____ daJ of
1970.
Hay or
ATTEST:
ex officio City Clerk
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1, Stephen A. Lyon, do hereby certi fy that the above and
foregoing is a true, accurate and complete copy of a Bill for
an Ordinance introduced, read in full and passed on first
reading on the day of , 1970.
ex officio City Clerk
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