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anticipation of state and federal aids and the collection of taxes <br /> levied the previous year for any fund and not yet collected. The <br /> total amount of certificates issued against any fund for any year <br /> together with interest thereon until maturity shall not exceed 90% <br /> of the total state and federal aids and current taxes due to the <br /> fund and uncollected at the time of issuance. The Council <br /> determines the terms and conditions on which the certificates are <br /> issued. Certificates must come due no later than April 1 of the <br /> year following their issuance. The full faith and credit of the <br /> City, and revenues received from tax levies and from federal and <br /> state aids which have been allocated for the fund for which the tax <br /> anticipation certificates were issued will be irrevocably pledged <br /> for the redemption of the certificates. <br /> Section 7 . 12 Emergency Debt Certificates. Emergency debt <br /> certificates may be issued by the Council for purposes and in the <br /> manner prescribed by law. <br /> CHAPTER 8 <br /> PUBLIC IMPROVEMENTS AND SPECIAL ASSESSMENTS <br /> Section 8 . 01 Power to Make Improvements and Levy Assessments. <br /> The City may make any type of public improvement not forbidden by <br /> law, and levy special assessments to pay all or any part of the <br /> cost of such improvements as are of a local character. The total <br /> assessments for any local improvement may not exceed the cost of <br /> the improvement, including all associated costs and expenses with <br /> interest. No assessment shall exceed the benefits to the property. <br /> Section 8 . 02 Effective Charter Provisions. All local <br /> improvements (the term "local improvement" means a public <br /> improvement financed partly or wholly from special assessments <br /> against benefitted properties) must be carried out exclusively <br /> under the provisions of this Charter. <br /> Section 8 . 03 Local Improvement Ordinances and Regulations. <br /> The Council must enact suitable ordinances governing local <br /> improvements and special assessments. The ordinances must provide <br /> a complete working code covering the determination of assessments <br /> and assessment districts, public hearings, appeals from collection <br /> of assessments, penalties for delinquency in making payments, <br /> financing of assessments, and the certifying of unpaid assessments <br /> for collection by the proper county officer. These ordinances must <br /> also provide for installment payments and notices to be given <br /> thereof, appellate procedure, reassessment, if necessary, and all <br /> other matters appropriate to the subject of local improvements and <br /> assessments as provided by this Charter and State law. <br /> Section 8 . 04 Procedure. <br /> [95-1] 14 <br />