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Resolution 05035RAROLUTION NO. 5o35 PROPOSING TWO CHARTER. AVIRRNERTER OW THE MOTION. OF TUE CITY COUNCIL; CALLING A SPECIAL MENICIPAG CHASTER AMENDMENT ERECTION IN THE CITY 0 AEAMEN 3 OR THE PURPOSE OF SUBNITTING TO THE EIECTOPS OF SAID CITY F A D PROPOSALS TO AMEND THE CHARTER OF SSID CITY, VIZ: (1) TO AMEND SECTION 2-5 OF ARTICLE II EKE:PING TO RESIDENCE REQUIREMENTS OF CITY OFFIGERS AND FULL-TIME EMPLOYEES, AND (2) TO ADD ARTICLE NATE RELATINIA TO OFF-STRI= VEHICULAR FARLING FACIAETISS AND FEMME BoyDs THEREFOR; FIXING THE DATE 12 SAID ELERTION, THE MANNER 0 HOLDING THE SAME, AND PROVILING FOR NOTICE THEREOF; AND CONSOLIDATING, SAID SPEEIAL MUNICIPAL CHARTER AMENDMENT ElzEcm= WITH TEE GENERAL MENICIPAR ERECTION TO BE HELD IN. sAap CETISMARCHA, BE IT RESOLVED by the Council of the City of Alameda, as folimws: Section 1. The Council. 0 the City of Alameda. hereby proposes en its own. motion to amend the Charter of the City of Alameda by amending Section 2-5 of Article. II thereof and. by adding a new Article 111 , comprising Sectlons 24-1 to 24-13, both inclu- sive, all to read. as set forth in be notice entitled "Proposed Amendments to the Cher- ter of the City of Alamede heunsinsfter set forth in Section 3 of thit resolution. Section 2, The Council of the City of Al, meda. hereby proposes to and does hereby on Its own motion submit to the qualified. electors of the City of Alannein et the special Aronicipal charter amendment election hereinafter provided for the two proposals to amend the Charter of the 3,' of Alameda set forth in said notite here- inafter set forth. in Section 3 of thin resolution and dhorignates and refers to said. proposals as the proposals to be set forth in the form. of ballot hereinafter pres- cribed for use at said specidl municipal charter amendment election. Section 3. The City Clerk of the City of Alameda. is hereby ordered and directed tli-cnuse said proposed amendments to the Charter of the City of Alameda to b published once, not less than forty (nO) and not more than sixty (60) duTs ignior to the date of thh special municipal charter amendment election 1112111 10' provided. for, in. the ALAMEDA TIMES-STAR, the official newspaper of said City, and. in each edition thereof during the day. of '110, 1, said. newspaper being a newspaper of senhral circulatihn published at least six days a week in said finy of Alastedd; and such. publication mhy Re in suGuMrnyLliMr the followingkfm: PROPOSED AMETADM= to THE 31, 1'1 of the CITY OF ALAMEDA Special Municipsi Charter Amendment Election March 8, 1955 (Consolidated with General Municipal Election) The Council of the City of Alameda hereby proposes on its own motion to amend thh Charter of the City of Alameda (I) By asmendEng Section. 2-5 of Article II thereof to road as follows: "Sec. 2-5. No person shnil. be qualified to be elocted. or appointed to any of the elective offices horeinahore set forth unless eh shall have been aR elector of the City of Alameda for a period of five yeams continnouRly noxt precedinm his election. Every officer of the City referred. to in SectiRn 2-12 of this Charter shall be '1 . resident of the City during els tenure of ffice. Employees of the City, other than such. officers, shall reside within thR City or within fifteen miles of the City limits thereof." (2) By adding thereto Article 12 10', comprising Sections 24-1 to SHAlS, both. inclusive to read. as follows: PROPOSED AMENDMENT to TUE G. l"i OF THE 71"Tif CANALAMEDA APTICLEgXXIV Of%:Street Vehidultm Parkihd Sch. 24-1. Definitions The following termR whenever used. or referred to in this AmTIZin or n any res6Taion of issue, shell. have the fellowinr meanings, respectively, unless a. different meaning appears from the context. (a) Bonds. The term "bonds" or "revenue bondR". means the written evidhnce of any o1 110 issued br the City, paynant of which is secured by a. 1 ledge of rovenuos or any part of revenues, as provided in this Artiolo, in. 00 der to obtadn funds with wtdoh. to carry. out any of the purposes o this Article, irrospec- tive of the form of such obligation. (b) Project. The term "project" means any one or more off-street vehicular parking facilities referred to in Section 24-2 and designated. by the City RS a project in a resolution of issue. (c) ExAsting Off -Street Parking Facilities. The term "existing off-strnet parking facilitiein-means and InclaTes any off-street vehicular parking faties now or 30'O 1313 owned by the City and operated or controlled by the City at the tino of adoption of a resolution of issue and not theretofore designated. by the City at a project 13, a 131 of issue and not acquired, constructed, established, improved, extended, mintalned. or operated, in whole or in part, from. the oroodedg of salp of any revenue bonds. (d) Revenues. ,37 111( "revenues" means and includes any and all. rates, fees and other chargbs received or receivalelp in connection with and. any and oda income and receipts of whatever kind and. character derived. by the City fron,the operation of a project, or arising from a project, including any" such revenues as nay have been or nay be impounded. or deposited 173 any fund created. for the security or further protection of revenue bonds or for the purpose of providing for the pay- ment of the principal thereof or the interest thereon- The term"revenues" also includhs net revenues from. 1'17 17P parking meters within thh City now owned or controlled or hereafter acquired or controlled by the City and net revenues of any existing off-street parking facilities to the extent that the same shall be pledged or otherwise 1 avalloble for the payment of oueratihn and maintenance costs of any project or as security or further protection for bonds by a resolutitn of issue. (e) Net Revenues. The term "net revenues" when used with referenhe to on- street parking 17FT0-Fi5' lt15' ,O1 the City moans and includes seventy-five per cent (75%) of the gross revenues collected by the City during any fiscal year from the establish- ment and. operation of such on-street parking meters. The term "net revenues" when used with reference to any. existing off-street parking facilities means and. includes the gross revenues collected. by the City during "o' fiscal year from the estahlishment and operation of' such exlsting off-street parking facilities after deducting therefrom the actual necessary expenses 17' maintaining and. operating such facilities, calculated. on sound. 0' 151 principles, but without 'any allowance for depreciation or obsol- escence. (f) Resolutdon. of Issue. The term "resollington of issues means any agree- ment entered intoCTOOFig=Tincinding any resolution adopted by the Couocil, pursuant to which revenue, loond are issued; and 17. 1 7331 1 ny agreement entered into or resolution. adopted by the Council amending, modifying or supplementing a resolu- tlon of issue irrespective 13 the form thereof. Sec- f4-2. General. The City, in addition. to Mil other powers 57 '1 enumerated in. this Charter or granted to it by the Constitution or laws of the Stute of California, shall have power to acquire (whether by purchase, lease, eminent domain, or otherwise), construct, establish, improve, extend, maintain, operate, administer, lease sublease off-street vehicular parking facilities and places within the City, including any and all public parking lots, garages or other auto- motivo gnrking facilities, in order to relieve traffic congestion anb. promote tho welfare of' the citizens and inhabitants of the City, and, for the payment of the cost thereof, to issue bonds payable from the revenues of any such off-street vehicu- lar parking fabilities and. from other revenues, all as hereinafter provided. in this Article. Sec. 24-3. Grant of Power. 7337 3- limiting the generality of Section 24-2, the "Council of the City for any of the purposes of this Article shall have the powers set forth. in this section, as follows: (a) Acquisition. and. Disposition. ofPro v. To acquire, by grant, pur- chase, gift, devise, lease or by the exortise of right of ominent domain, and to hold, use, sell, leboe, sublease or dispose of any real of personal property or any interest in any thereof, irmluding rights-of-way, necessary er appropriate for the full exer- cise, or convenient or useful for tho carrying on, of any of its powers pursuant to this Article; (bb Acquisitions for ppojeht InFressjand Egress. To 53 £'30 by any of the means specified Pr the foregoing clause Ofj, any- lands, property or rights-of- ay necessary or convenient for the operInv, widening, straightening and extending of streets or allpas necessary or conyenient for ingress to or egress from any project; (a) 91777)1'9-'3 '3 To imppove any lands acquired. 5 the construction thereon of garages or other buildings or imerovement-smnecessary or convenient for any project; (d) Control of Project. To construct, establish, improve, extend, main- tain, operate, ,Tsa7,6,7,7,7-11,7 and sublease any. project; (e) Rates, Fehs and Charges. TU fix rates, fees or charges for the use of the facilities provided 1 any project, or for any services rendered in connec- tion therewith, and to alter, change or modify the' same at its pleasure subject to any contractual obligation. which.. 1,3, be entered into' by the City with respect to the fixing of such rates, fees or charges; and, by a resolution of issue or other- wibe, to enter into covenants to increase rates, fees or charges from. tine to time; provided, tics hrovit therefor; e:,*xce 1;u rates, fee date of issued o tbat any person a1lasl be permitted to use or operate any • project only upon.. payment of the regularly e ta.ln1-'shed ay be otherwise specifically provided. in ar resod ticn of ssue« 7 shall ,.;e kti- Q.1'1t In such. coin or currency s .> Or: the i for 111 L7, t; c^.nC''1''ivat;e n.f:n ?.',;1, or in scrip n.7 .a P, thereof in such. coin or currency; menu 1' -ti.i a t ".t any time and dram time to time t0 issue purpose of stablia'1'1i11 any project or t' > > °u.t'.:1.', oonp1etr 1 a, Improv- sy project, or of 102111 an0-° wah c:h bonds may t?c secured To make contracts, lease maintenance any is o f the crn1_a, subjecs nr_n t +n any project or any part s of 1 Fr:i_ca ar a 1c s. To 1.B"0e for 0 .`("1Y='.te1 0 1 1 gar- Cc7. 1i is 1of and .'1'.rv. }J „pct d twenty per ce_n; h ].ease sha 1. no the sur.ta02 :area of o c project art f five 'U -1 rules and and Imposed from its date; conderrsa r. - icle contained/ sh Ctsrogation or In virtue of the 1?I'p`S'Api e`",. any ,'1 1r•.r provision 01 this i,. ie addition to ve power to pledge, 11 or any ^rinci'al of erect on r 1vi11 isle or into 000t1s or more series or civic division, different rat s o" the same authorized be of the ..rre 1 :.tore ,t rate, but :!1e i, 01101 of the a_rit,y, 0'"1.7' t a resolution of issue at condi- essarm that the prior Each Issas of revenue band? ca.d.opte cz by fi'0(01 - ti ve ducy principal and may and • nci the t bonds terms refunded. of issue,. redec re. 347 (b) Matnrity. Bonds nay bc serial bnndn or sinking fund bondo with such. maturities an sHaaiK.T nrovided in the resolution of issue. No bond. by its terms shal1 . mature in more' than forty (b.0) years from itn own date and, in the event any authorized issue is divided intoMmo or more series or divisions, the maximum maturity date of each such series or division shall be cal.culated from the dnte on the fene of each bond. separately, irrespective of the fact that different dates may be prescribed. for the bonds of each. separate series or division of any authorized issue. (c) Interest. Bonds shall bear interest et a rate of not tn exoned six (S)" per cent per '3 '3 annually or senisa9' nual17, or in part annually and in part semisannually. ). Coupon or Registered Bonds. Bonds may be issued. as coupon bonds or as reaistered bonds. A resolution of issuemay' provide for the Literchange of couppn. bands for registered bonds enenregistered bonds for coupon bonds, and may. provide that the bonds shall be registered as to prinnipal only, or as to both principal and interest, or otherwise as tha resolution of issue shall pres(ribe. (e) Redemeption. Rands may bo callable upon such teems and. conditions and upon such notice safFis resolution of issue shall_ prescribe and upon payment of' such. premium (not excnedlna six per cent (65) of the. par value of such. bonds) a8 may be fixed in the resolitMon of issue. No bond shall be subject to call. or redemption prior to its fixed maturity dnte, unless the rdght to exercise such_ call is expressly stated on the face of the bond. (f) Source of Paynnnt. pal revenue bondn shall be payable exclusively fron reennuns. (qd) Reference on. Bonds to Resolution• of issae. Reference on tbn fnce of a revenue bods T7rr7TTTC=F61 677o."Tr6T.Tr3 rT-a-ET1 Urrr.T-57--IT.rTTT-60 adoption la sufficient to incorporate all of the provisions thesof and of this Article into the body. of said revenue bond and its appurtenant coupons. Each taker and. sabeequent holder of a revenue b> nd. or coupons, whether such coupons are attachod to or detaphei from seid revnnnn bond, shall hemp recourse to all of the provisions of the. resolution of issue and. of. this Article and shall be bound thhrebyh ) }incite' in ends. All revenue bonds shall. contain arecital on their face that 33> 3-3' principal of nor of. interest cu. sunh bonPs consti- tutes a dnbt, liability' or obligation of the Citym exnept as previdnd. in this Article. (1.) flans and) Madunr of Paymnnt, "din principal. of and intnrest on bbnale nny be paid at ii)y) one diSo rirore paacJYTinsErn or without the Statn of Califorinin. end in. any specified coin or currency of the United States of Aamrica, as slay be pro- vIded in the resolution of issue. (j) Execution. and. Authentication of Bonds) ).?) Sianntures and countersiqnaturs Bonds may. bn executed in Illir-TEamo and on beTairoT fleSTTIRET and 3iidtb1 it7)seni and authenticated by the nanual, lithoranhed or printed. facsimile sihnsture of sus? officer of officer" of the City and may also ho authenticated. bya trustee or fiecni agent apopintsi by the Council, and the seal of the City M9+99 be affined to the bonds by printed, lithostratehnd or other reprodnction tbsreof, all on may be provided. In. thn resolution. of issun. If any of thn officers whose signsturtm or countersiandtures 91979-9ar on thn bonds Geste to be officers before the delivery of the bonds or coupons to the purchasers thereof, their signettcoes or countersignatures shall ndverthelnss bo valid and of the semn force and effent as if such officers had remained in office until the delivery. of the bonds and couponm. (M) isnance of Tamporary Bends. Pending the actual iS9999,9Dee or delivery of nitive bones, the Council mom. issue te/vorary or interim bends, certificates or receipts of any dpnominntions whatsoever, and. with or without coupons„ and. with such. provisians 99 the ConnatMl simMildwismemmine, tp be exchandpd fnr definitive bnndp when rbady for ieliveryb In. the ainence of an empress recital on its face that a. temnprary bond or interin receipt is nnreenptiable, such. bond or interim. roccipt 13 o,qotiable instrument. (1) nnulannhent of Lost, It'stsdybd, Lends" Lnst, destroyed, mutilated. or stol,a)1 bonds or coupons mav be repsaipi. 93 provided Am the resoltipn of issue. (m) Security:. revssnuo bonds shod' be secured by an emniesive nioren abal chab)wp urpon7T=or a povtion of (a) the -.'sross revenues of the project for the cquisition, construction and cimplotinn of which. said bnnds are issued. or authpriand to Po issued, (b) revenues from oiestrpot hal:bind mnters, and (c) revenues Of .9ITY enistRod oPf -street TemlaWiP fanilities, Ril as provided for in tbp rosolutien of 'soups. Cross revenues pa a. srojeot include itroveA,,;....,nts and. extennions of suwh prn- ject later conntrnsated or acquired' The oieds)nd portiv ?f tbn gross revennhs of the pernjsob and all oledssed onnstrot parking nnter revendts and ploiaci revenues of existinw &.:d -street parking ftwIllities and all interest earrIbd on all pledapd revenmes shall countIthin a 'beret fund. for thp secebity and. ommsent of the or-ft,oidnal of and internst on. the bwndn and. so Lona as any bonAn or hilwarecat thwreon RT99 mnpnii said. recoroce end trstotsst shall not be nsed. fhr any other purpose; ',9990ArL1,991, howevpr, that 3 9 s nesolotior, of issue oTovide tnat if the pPAncipol. of and. intpTest on the bondo an.A. char,,,!:es to protect and secuoo thorn anp, pni.d when Aae, P:nounts for tho. main- tenance and oppration costs of the project an..d any anti. all othor costs and espenses rE,1A.Oo.1...vo, to thk project Or th the bonOs an3 roncunt6 for any other loofpni. purpdse or purposes of thp City moT Pe apportOpoPd. from. said reoprfues Lntevest, out; only to the .o7t.nt epecified. ln tho rosolutlon. of i3SUC. (n) Bondo of same to be Equally -,lood, Bonds of thp same tssu.o shall. be equally oe.coned by a plodp::O. and charge 'upon revenueo, ,oithcnot prloycity for nonbor, dote of bonds', of so:ale, of oxecutf...on„ or cf delivery.; except thot if the Coun- cil authorizes the iLouancon3 of bcnOs of different sonOPs it -may ppovi,Ao t.'ht the bonAs of any. series shall, to thp extent. 9.hh. in. thp monnor prescribod in thp resolution. of iO2110, oborinated and. ba jionicr in standiro; wIth. rrspect to tho payment of orlpo- clp)al. aol6 '...nterept, and the ..1.ecurity thereof tc. such. other borO2 as no7 hp specified in thp resolution of issue., (0) Rer11 .dLan 'BonOs. The ;APT provIde for the isouompe, oale or oxchan, of yAA657ndlog bonOs for thp purpose of redeerninF, retioplio reftm..dinR any revenue bonds issupd pndpr thAts Articae, subject to any limitnot.1..coos contpined in the. resolution of issue pursuant to wco such reverrao bonds ane issued, All. provisions of thfis Articlo oppaiccbap to the Issoonoo of revenud bonds bp opplloable to Mae refundinz bonds and.. to the issuonce, saae exchangp thoneof, 1",pfAmacling bonds ine,T be issupd in a prinpipal onourt sufficient to pnoo,ide fundF1 for' tho pa:Anent of all. boodo tp oefunOed. thereby, arid, in adation, for the payment of expenns dont to the cnalJToo, retinin7 or payine of such outstondin le-ond and the. issuance of' suclA rofundin bonds,. Such oAppnses noy incluPo the difforenpo in amount bet,00en the par va]....0 of the refunding bonds end any ::Yraml.Ja o t less than for which the refundinr:, bp.nds are sold, any opoo„rat noces2ony to be made avalln:,..DIp for tlr, paynont of interoot upn such refun6Ang bondo from tbp date of sale thereeT to the date of payment of the bonOs tc. be refunded, or to the 6„ate upon wh!,oh. the bon.d.s to be refonOod. be paid TonoioAnA to cal.1.. tAprecf. or AForeE.-,1(.1nt with the holders thereof, an.d Orj_30 hihe ooemium, if any, necoosary to be paid In order to call und retire the oototn,i..5.of bond and. the interest acproino thno,:on.. to the Onte of call or ret,i_rement. Ino) V tdity of 3ond.s not Aff.. d Ay Aptions of.' City RelatiA to Prolop:t, Tbo e authorizotion and issaance of any revenue borAs b: the Council. shPln nct Po dopondert on or ai,Aectod in amr,vo:,,, by: (5) 2roceedinips taldon by the City for the acoulsition, construction, or completion of ony project or anT pont thereof; (11...1„) Any controoto mood in connection. Pith the Pogut7,sition, construc- tion. Or coApletion of Eny pnoject; or Thp f9A1nTe to complete an7 project for which. honcTh are author- ized to be issued, Leec. '.2,aOo of 1,onns., oofcre sollloo any Ponps ,otrie C,ouncil shall diye nAtico AnyTETTT.I.TT7lod010Yfn67,rianner a9 the Counci:' poscr-°_bc. If dntisfac - tory 'PlAs arc 'neceive(1, the bonc,s ofZere fon :thsal b8 awardeA to the hiR"post rosnonsibio oiOdcr. TA' no bids dre 7ocolcved or :If Oho, ...,etorrr,!rs Ptipt the bidl roccivea are not satlsfoctPry nie Council nos nojoct all 'PA7...AA occuivop, if nny, end either ro,vorise Or soli the borkOs ot orivPto gvle. Cpuncil rny sol? bcondo At o pnldt bolcv, the nor or fpue Pal,n pncvAC,I: Vont lo,aAl?on:n oet intepoo, coot (c,.pr,torl. An a :',A,"-Aa7 yeor boots) or bends sol,i por on fnee npt oxceee. nvora7A per. cont (6A") pen Annum, oryrie ocri-anoonliy, to no n000potnse N,txpity O,Ate 1e3 t lopicIpntol f!,;".,.:flonses InUerest cnCjoo3ton of Ponlic fro,- Te777 ,Inte of' ir_onds. All cpstd Prot exponses lrciOonto7 so_e 01 oon(„o, Apootluon2 „wooAol, pcn(coloof holrfor—of the cost oC .proporation of tAio locro nnP tendons, t'lo cost nf nil urveo,-, on pro - p.,nocion of Plans anO soccifIcationg, al nil anchltecounal„ coiAjopon,_np;, Inoonctico, rAoo:Inclal JrA ocorcrAc consnitnt,, tnootect nno 7onl,'s fees, the cro,Ition of o Lon6 reset-de fo_noo ChehilrhOr eh r vorido,o conitaA fnno, pnd carp Intornst ostimnto0 to cconno tne porie61 of cqn.A.Ition or constrpction of r projec rn'..";. fon a noripd of nuL to exoccol si-A (6) oonos thorePfto, pll as pr3vi,..aed foo in thp, rosointion or ISShO, PrOy hR heiO Oht tnc -proccon'Th SOIO of tho IhrrOS. Soo., 24. orovIclons—F=E", 910PS Peihhino: tO --rOS011.1t' ZieTirf37;177-717:T-O-1-77o7ObiraTOTZT-73 ' issue. The following 75ET5t,,,,a by eno Council: (a) C.o.p...:troc.AA Ind.; inopotment. .nasolution of issuo Inoo. r"000lde that the proceeds 0177E71777r- venue comas matoorlzed. tnoreoy soak, eltnen co peposited In a fond. separate, ond fron 911. other fnnOp cn;',thp City oP paid Michr tO any' bank or trust company dosignoted thp Council as tha fiscon]... oopnt of thp Clty, and. that proceedn, 5Y:toll be hold by thp City or such flOc...*1. dpont in a .71.eorate acconnt to he designated the "Construction Fun.OT and. be disbursed in. thp manneno and tTon the condAtions provided in the resolution of isspp for the cbjcot And. puroppo of thvo ocquioltic.n, ccnstrootion and. cooplAnFon of tlio project therein dpsipnnated, in1lunl1 n7 the wyrment of all. ,inoidertal expenses aloe, interest and the, pApaton of fundo .-12r:71.(lod fon in. Sectlon 24-9 of this 1.,.rticle„ Monoys in any construction fund lim7be invested op t1 e Con3 o„.1.1 in its sole discretion. P.,,AA't delmine,subjeot only to suco liSMASOtiOnS ES ME.Y be provided in the resolution 01 fosue. A resolution of issue masT provide tSrat shu rocneys in. conotructiod fund remaininh unexpended after sold object and. durrrose shall have beon cemoleted. shall be aTmlied. to the onssment of the. prIncipal of and Interest on said bonds, and that none of said moneys zhall. be trandferrea to ashy other fund dr the City. or used. for any purpose othsr than PS speci- fied. in the resolutisn. of issue. (b) Continudas Oiseration of Prhiec„s; A resolution. issoo, hrass prevfcre stlEt, 30 ionss as any 717z diriersesy autheroSsed snail. be ohtstardArch, the Olt's- essall operate the project dosIshrortsd Ir. the redolution of issue contfmususisi end tn an efficient ano. essnersicha manner and in good. workinh drdsr ernd. condition. snd. shrall make all necessary repnlrs, improvements end. roplace masts, (0) es and Other Chsr.r,,rE S.. resolution of' issae may provide th.st the C sumcil o 1J1 e iSSeVidie 7sOrsTTS chs rhstes„ IseeS and chsrsres fhl.) for us e of the facilities provided. by the project acquired, constructed or completed from the posher-rod od ssSim cO the bonds issued psTsuant to OU.COO. resolution. of issue, (it) for osoy services reddered in chnnectdon wlth such project, and (iii) for use of any on - street pnrkinor moters and. exist:1,11F off-street norrkinss fscilities smy revenues from which are lsrlossse. to secure the bonds, P. resolution of issue may provide that such. rates, fees and. cds.Irc.'ses shall. at all times be sufficient to -yield oevenues from. the project and not. revenues Prom suolsr on-street psohkissF noters sind. ezdstinsr, off-street parcloims facildlties eqoal to alivedemption payments and. interest charges on said bond.s ES the sane fsli due, toFethsr. with such. additional sums as nay be required for au sinkind fund, ressrvo fund. or other rshoshrl.al fund. providnd for the security or further protection of ssdd. bonds, or as. a. deoeciation. charrse or other charoe in. connection with such project. A resolution of icsurs mass psrovidd thst such rdtes, fees and charses nhall not be reddceh below an. amount sufficient to provide funds to mdet sOl obilo7s- tionz specified. in. thu resolution of issue. .17,0:14.1,pg_damd.S.2is1 i,coorsiosaddf Revssnues. A. resolution of issue rods; regaisse t.Ore dity to holT. or csuse Ers ne 'held in 1:r.iniiiT the:revenues dicasses to thu pa7ment of the prtncipal of snd. Interest on the honhd issued phTshant to saih rosolution di ISSUE, or to sloy reserve or other fund sreated :Ochs the security. or further protection of. Ste Ohnrds, ord to arrply such. revenheo or OSISSe then to be oohs:lied only as provided. ir. thu resolution. of issue, (e) Prescsrvs-r,Oiorsa osrpd. frotecsitiop of Sdchs. ss:O Bohdst. A resolution of issue nery requireTfae City Ttanreserve an 1 i,ir,e't7ect due securitY of the borss rdshrse thoreundor add. the, rihhts of Sbk, holders thereof and. to Tsarhant and. defend shod. rihdts. O. resolution of issue mny 1 ttn City to pay nnd dischorrde or cs..se to Oh paid. and Cischstros all 7aoful. claims for labor, 'mats:cis:Lc snSi. supplies els coi...fror:r ohs-loses srhicb, ir urn:pais, uri7Srt becodo sr, hien or chshose urod.rdsoonsors, or which mirrOnt impair the secussito o2 any bonds issued. for the acquisition, censtoastion cdmdietion of ony project, A. resolutdon of issue nay lissit„ restrict coh prodihlt, except horsn. suds. terms add. ohnhi.sions as may Ise provided. snedoln, slay oisrht, dower or privilehe of the City to roort7scse or otherwise encumber, er to selS„ lease or dispose of a project or to enter into any lease or sh:oceroent whIcK irsphirs or in.lpedsPS th.e operation Of P SSC° jeCt or al eddy sosrt thereof necessrsznr"de shrovide adequate revendes, hs othoroiss t.mpsiss do impedns thd rio:hts of the holacrs of the bonos withresossot to such revenues, (f) rhsschedor,,h2fjohjohsst Ts:son „ „nent ,h resolution. of issde nosy dxhovide thst shy. pert os P. project ehhill „hers by eminent Sorrserin. or °Ober proceedins authorized by law, the hid:seeds to the City therofdem adhisisd to the repasseement of such. project or to the payment hod retireslent of thn bonds issued. pdrsuant to sus:Or resolution of isshe, or as otherwise set forth. in. said rersolution of issue. shoodnts of insurance th be maintained. by the Olty on a prejost, or rarrly part throodof (includins insurance od shy project shrainst loss of revenues from any cause whatso- ever, assirdst public liability or property. Shomh,se and. against loss by fire or EflY othos hazard, as mod's be provided in any resolution of issue), and sdhs, provide for the payment of the prsmiums thereon, and. slay specify the rose and eisnositinn. of pro - ceedo of any such insurrssncs tSerssfshd solideSed. (h.) Orddks, disco d.s_s.ndrd.L-orchsdrrhihrh, a. resolution of issue may prseidd, (i) that thd City willkorsp sorcurate books and rdcordz of account shnwing sll. revonsshs received fror the operation of sny plroject and ail exponditurres thereof, and allsovenucs from onootreet parkin,s meters and exisirIns of.0 -street esrir.ins fscihiSies oiedrses sr ottrssrwise made shvohlotie as security or P, Ourther protection for .1-,Ise bonds issued pd.:sons:Int to said. resolution of issue; (ii) thst all such books and reconos shall be es,en. at sal tloses duJsing. business hours to thor A.nspedtion of the holhers of pne or more of the 'condor or ol.r odhs speced percentshe of such. Solaers tneir du-Os hdtddrized representatives; (i:1) shst shorusl Of cUhes oddisdic otasersents cor td,d conssitton cr such ashject An of srri o hSh4d rhoshoors sill no fusrshshrsh to the cri.dors nn tbo thnhro; thet summaries ok all such. shatespnts will. be published at least annually ie. the official npwspaper of the City; and (v) that the books and. records of the City pertaining to the prora- tion of any project and to all of said other rezenues.shail be audited by independmnt publip apconartants in. such manner and under such. CirCUY, stances ap may be set forth. in said resolution of issue. ("4i.) T14-41.43t(4,e; Fiscal Agents) Fbying Agents. A resolution of issup nby desig- natb a bank or Tiri5T-E1 ompany, ponIffin..afirEnTIrri-ErC7ss in the State of C aliformia, RS a trustee or fiscal satnt fur thin City. and holders of rondo issued under said. resolu- tion of issue, and. may. abthprize any such. trustee to sort on hehblf of the he:leers of thu bonds or any ststed. percentsge thereof., and. to emprciso and prosecute on. behalf of the holders. of the bonds such. rights and remedies as may be available to tbe holders. A resolution of issbe may authorize the City. to designate any bank or trust someamy Ls arns city in which any bonds are made payable as the City's paying agent in. such city. A. resolution of issue may fix and. deterrAne the conditions upon which. any trus- tee, fiscal agent or paying agent shall receive, hold or disburse any or all revenups deposited. with it by or by authority of the City. .A resolution of issue sissy prescribe the ditties and powers, if any., of arny such. trustee, fiscal agent or paying agent with respect to the issuance, authentication, gale and delivery of the bonds, thp payment of the principal thereof and interest thereon, the redemption. thereof, the registration. and dischaTue from: registratimm of bonds and the nanauersent of any' funds erovaded. for in. the resoluticn of issue as security for the bonds. as Competitive Prc4cots. A resplution of tmsue moy.contain a covenant that the City sharli not:, iaSSETTersisjinTrevenue bonds dotherized by this Article ate issued. or ourstandCmg, aczntre, constracZ, complete or maittalt. within. the Citm sr permdt any person. to milintain on. any City-owned property within the City any- off ssgrebt vehicular parking facilities or pieces ezmeptierm those therein dasoribsd, whiph compote in enT way with any project Or which are similar to any. off astrmet vehicular parking famitri ties or minces maintainmd or opprated by the City thronEh. the issuance. of revenue bonda pursuant., to this Article. A resolution of issue may eampet from the col/snarl authorized to be mbes by this sectihn any and, aliceff -street vehicular nomking facili a trios then or thereafter mDrilteminod. by the City. Litmktstltsr„on ag dehtedness. A resolution. of issuo mpg. limit or restrict the SkPurring of c0561clon graTcrInnanCini' nkyable in whole on in part from the rwavenups chargbd with partmkt of the hangs issued. pursuant to such. resolution of issue. (1) Events of Defsokt. resolution of issue mao dpsiunnto thn eights, limitations, poi(474('LiFiT r.341i7(3. Ccurrecricis-ing:, upon breamh. by the Critti of any of the covenants, conditions or obliustions therein ceartained„ and may proulde the terms and conditions ubon which. ski. bonds issued thereunder may be declassed. or become due and -4..4),44474744"bJe prior to maturity and. the tetras and conbritdbms l'..rdrialhich such declaration ana. its conse- quences may bp waived, 4mendment or riorification of Resolution 1 Issue. A smkkrhation of issue moy pre esiY.ThcaliTT.F.T.6.-aure lcrl. itg:ircErr...ErIT-n.W,.I-C-CCCIITT:frnns may bp s rib s ecineatiy amended or modified with the consent of the. CMhty and. thp votreor amtitarz assent of the holdors of a specdfled. principal dmount or ,tomportion thp bons issued. and outstandivpim including provision for meetings with bendholdero RDd the manner in which the consents of the bondholderm may be gluon. A resolution. of issue may sot forth. a specific statement. of the effect of each. such ampndpemt or modification uppn. the rights of the holders of all of the bonds art. intorsst coupons ammertsininr testi:it°. A. rissolotbn of issue may contain s. provision thot bonds held. by. the City. or thp State. of California or any public corporstion, relit:Ital. subdivision, city, sporty-, SiLrhrict or tang' amenity af any thoreof, shall. not be counted as outstanninu bonds or Mm erritieb to vote or consent, but droll nevertheless be subject, to any susb. tmenb, ment om modIfication, yee of ainprikryz.„ After all of the revenue bombs issued porsuant to a resolution of :issue snail have been ful„ly paid or discburmed, or provision for their payment and. dischargo irkevocably mble, any- surraus money's in any cc:mist:bark-ion fund. or other fund provided. fon tne security or furtbmr bretectihe of thp bon.dm shall, sikiect to thr limitations dna; restrirtimns in. said. htnntiattor rf lesua, bosoms tnn be the property of the City. and he used. by the CMty for anzr ipwtud. purpose, (0) Additional Cobeirants anZ. , mrents. P. resolution. of issue mg.s erp- vid.n f 0, 3 c h stionkriPtiSsb'Sdira-krarigirgd...FS—ESSZT - , -rion onn ann. ail. 3 131.3.: h. t 1 - covenants drib smareements on the part of' the City as the Council snarl dpem nmeessaty or admimable. SSicitt„.2).177ibit Expeqt es rmovIded othriptise in any resolution-0T isorie, rria bolder of any bend issued Mizaisriemt to tills Article mom by. mondommo anrksadiatm precpedings sesttre and. the wrmformance of any of the duties imposed. upon the City or any ofiloisa. or emsciloyme of' the City. or ahsunnd by any thereof in csenction with the acquisitise„ construmtise, conTletion, opnration, maintenance, repair, reconstruction. oc insumancc of any pokiest, or the collection, desesit, inmrstment, application end ddsbursemont of rates, fees rind onargem eirdped. from. the operation. sari use of any' project sea. all. othmr revenues, or in connection. wilds thf deppsit, investment or •disbumsement of the nroceedo received. from. the sale of the bonds under tblo Article. The enumeration or such sigiscs knd romedlos does not, however, exclde the exercise or prosecution. of any othor riikhts or remedies kvnifible so the noloers os bonis issndd nuforant to this Article. Sec, 2l-12. AI:bible Confers. Complete Antherity; Provisionk of Article e itica neTe—TityVetTietTeLieTee17.-tileTteieTKete;t7L-6,1.763363SHO1151.15313-O3.-far 7333.7.17675FITE-671:7T.13.7.7.1t tor tko isEuance of revenue bonds as herein provided. by the Councik. and no other procerapx, Or oroceedinks, consents, apprompls, orders or perknAknion from„ any muni- cipal officer or boaxd of the City snail. be regoised for the acquisition, conotroc- tion or corpletion of any project, or the issuance of any reverfic Onm'in knfor this Axticle, escept as specifically onovide1 . in. this Article. Tho powers nod. nuithori- ties conferrerd by this Article are in addition to and subrionostol. to kilotnon powers and annorities ossferren upon the City. The method. provided in this Article -for the acquisition, construction. and. completion of projects and. the intro:roe of reyonue bonds shill be deemed an. additional method. for nobairink:, constructing and. completing such projects. end. provng funds thorefor; provided. that the City may, in its liscretion, acqiiio any properties for off-street vehioulnx parking facilities and issue Fenerkl obli.oktico bonds of thh City Therefor, Subject, however, to the conniitlxii that tho City. shall not, while any revenue bonds ablbbilzed by this irtiw cis are issued and ortstkb.din, nooxiso, construct or combiete any off-street. Sorb,- ing factlities, other than. thone specifically dencribed. In. e. resolution of issue nnxsuant to the provisions of paranxasn. (j) of Section. 2nwifi of thio which co-Insets ,ony project operated. or naintkinod. thronih. tbe issuorbe of reyenue bonds thr Cornell- Se„i2422..3. Reybkokao frob. bikniod Indebted:noon of City. 'Revenue bordi issuro. so:Tber Arikijle shaifbii6t be tkkenrinto conbineiOn'in ieterminini the bonded. indebtedness which the City- is authorized. to ineux and shall be exclukieo from any limitation nrovidex by this (Airier or by. ley on. the onlount of eonotoo. tnee.steinoss of tne City. bk- f-yr,i' -' tb- Olt- of blornedk bercbn srxicses t„..o,,oni Niois,b1Annfirs cr.,., sirs oT too Cit-0, ci boknoca k. , ,focel„ :. lo, own motion sabotit to t 11 e. tLeLer coterie:6ton V.' e Inn 1,X:b:::::',,'S'n jik(n'A:T:infb::,...:kkNOrns O2 19'5), to- '2 2.ro -4 -- 51°2)230]s co crAcis iclk P'Aikicr rY -. - , a x no prksele i: theneof kni. Ty adbink - _ - „.. . as follows: N.SASOEE Shall tra Cbocter or tOio colto finnbfk 7f-TrkTrisiameie bo noose:of. kkcniini, Section 2-5 of ibtfter wmendmenn Article II thereof to Provide Sinai ivorn, Proposal No. 1 City off:Her neferrod to in. Chabter Sec- tion ssall be a rwnident of the kits inn; nt thin bentrin of bin office ate', Oho. or-n3coroon 1-133 oioo, otio(r. tOon „Leech o Oitie erS eller 1 le ceoite tbin nhn Cbto nroittin fifteen nilos AN tnc City limits thereof, ifs toot kr wbioa bectior k-S 53 so amenilei is 50;:= forth ir Section 't ok' Fenointior bo. feiA„ akopted by tb..e Csbrbj2 si prie City on Tuesday, inouoso 1S, 17b55„, ani on ip tro off:,ce of the City cflerk? .,,TaE (C)t Shoji the Shorter of ths Citw kf Alameda : P Alk,..rodm he ikenCo6. by aidini: thereto frticio . . Ckumeter innenftment XNNIV, ccompfisiko Sections 24 -1 to 24 -1k, ',Yen! irkposal Na. 2 both. inclusive, to aubborizn Sfal('I City , . to provide for off-street veniosler park- ,,,,_ ! facilities enf, fsr ths saynent of the cost thereof, to issue : - b knots payabie .1 oo. 1. he r e ve nue 3 ...i. such. pc.teoLl..nt from other revonses, ali an provided. in saii. Artiple XXIV', the ;No : tekt of vbfich. is set forth. in. 3ootion 3 of Resolution NG. 5035,1! : nrto,sted by the Council of sali, City op. Tkenfork, Jonrcry 1S, 11955, ank. ob. file in tno office of the City. Clorkb . . I noreby okftify that the foregoing Choi-tor anfiximent proposals were ordered submitted. to tOe clutellitied. electors of the Citx ef klamekv. Ps' the Connell.. of tibe City of' Alf:?.mcan- 'patois Janakry 1N, 1955. Sect:ton P. (a) A soecial munlipma Chartwr amennment election. Is hwhebm cmttle6 to 7,7 nelferTn the Citr. Of AlanoCc, on. TrosMe7, 1.955, for the purpose of suhmtittin to the wwaiifibd electors of mai.. Glty saia proposals set forth. in. Section 3 of this reholutien to emend nhe Chefter of (meld ((hey ne in sole respective proposals and.. in. this resolution providwd mnP m, hereb7 submitted. the Council of tbm City of Alameda on. its amn (b) Sala wrocial mPlcipme Chmxtor amhhTtenenc election heren7 cabled shall me aura and. corde.ctod, nmn.. the votes thcmpnat rehrww.sch. and. tfte retbrus thermof nfse, and thms results tCb]svessf ascertained ood obtermiced D.D, herein rovido. ahM. in mil. particulars Drt praccrIted. ir this roschution, said hpecial municipal fharter amend- mant effm(steimus shall Pe herd. RS provided for. th the Eharte of hal.6 arid in ell peutibnicers net provided. for therein. acid alcation shall be nelf( a3 providd by law for Who hrldin of secial municipal elections in the Ult7 of Almeda, and otherwise in accerbanbe bitr. the Elections Codb of the Shete mf (c) Ail. pmrsonb Taalified. to votm Pt mun!..cipal miections Ihn said Cltmr of Alameda on. the day of the election herein. provided for shall be qulified to vote upon said. amendments hereby lereosed. tho Corroil. of' the rEhr mf AlameMtm on. its own notion. and. submitted a( salt. special municipal Charter ausndmen election, (a) Thr polls at the rplbdrv. plaosh harainuften Obhimnated. for said. swecin.A. municipaa. Charter amendment election e1511 be oheneds t F:00 A(15.(1].S,T.) of said. day of elewtton, are. ba kept open continroesly the hmafter unt] 7 .:00 P.M. (R.S.T.) of said day of election, when. the polls shall be closed (except P.S provihted. in Section. 57.3h. of the Elections Codo), and. the election offIcers shall thereapon proemea to cantvoss the ballotm cast thereat. (e) Said special Ifornisical. hharter amendment elwction shall be 2.11d. hmrwby consol.I.Emted. etith. thm Crnoraa Municipal Relot,Mor. to bm held :.1„n sold. City of Alamoda on the date of said special. municipal Charter amendmbnt e]motion hereby cmaind, mold ter elmotMor. prmcincts, peitiReF plames ord. votinm booths shmil In every case be the same, and. there hnmil. be only one set of election officers in. mace. of 291ra procinrtw; end the procincts, pollin.tt places and. officors of mloction for meld special municipal Charter ((amendment election. sholl. be the sawm as those to be. smictoe and dwoirnated. by the Rootril of snEW Clty for said Censral Mundcipal Election in. City of Alamed& by its resolution adwpted. on Tuesday, February 1, 1955, to which resolution referenhe is berebot made rOr D. dEr'itirrIPtiOn the pre- cincts, poll:bah, places and els:, oti en officers for the snepial iliephifpf C,c,nrter arowndment election horeby (E) Only one form of ballot shwillme used. mt said. General. Mem:lei-owl Elect:m.10n. and eaie. Specie]. 1 univipb2 Ohdrter AmomTpnt Election. bpreby consolitiwted thwrewith, whi.mh, In addltior. to all other matters rettrAred by 1..3.m to be printed jEwrecn, shall stete the mmasures ar.M1 oach thoreoc set forth in Smotelon. 3 hereof. (m) Thete.h. voter may vote on. any one or more of said hhmrter amendment pro- posals. To vote in favor of any proposal to amend the oharter of said.. City of Alamdto. e rotor shall stamp a cross (3ER in the blank space opposite the wore 'EYES" on the ballwt to ttle ripht of the proposal, mnd. to vote a....7.,ainst said prwposal e. voter shall ste.mm a. cross (X) ln the blank shase opposite the word. "h(0" on the battiot to the rimbh of said proposal. rhe votes CErt fOr (Dna against sabh proposed Charter omend- ment shall be counted separate mnd. anaTt from nil. °throw measures to bw strmlitted. at the mpecisi CLterter amendment election mehony called.. for thb purpose of submhwein..h., smid Charter mmendments, and. if m. majority oh the clualified voters voting on an.e m.r000ewd. Chmter ohmandment vote in famph thmreof, such Rhrrter amendmont shall be deemed. rwtiried. (tet) The returns of smid election shaR1 be made out and. signed. by thw elbstion offTcers and shall he by them deposits() hith tbb City Clvrk, tomether with the ballots east at said election; and. this Coupril shall. meet at its usual. meetth pirro chr5. canvass said returns Or. Tuenroty, tRo 1]..5th day of March, 1955, at the howr dwisrme thw result of said election. Section 5. Said ohabures anb each thereof set forth. in Serfdom. 3 hereof ((hall be set forth. in tbb election brcle)mation and nhtice of Genbrat Munisibel Elec tion. anT Conw.E.idmtmd. Special. Eunicipal REnd Election and. Sposina Mufticipal Charter Amendment Election to be held on Thesemp, YDrrr. 195T, to be putollshwd. in the time and fcamm requMreet '17,7 SeCtiri of ErticTta MIX .1 thr ehmtotem of tbm City of Alameda. Sestich(„b5.5. The City Clerk of the Cith of elereda ..1.w hereby authorized and. directed CTT to hMTIse conies ott the twxts of sattd proposed charter amenEments to be printed. 5h. convenient pamphlet form amith Mr. tyfto of not loss totem ten -point and to cause espies tbereof to be ',mt.:3E1er. to eabh of the cualifiefl elbstors of haie]. City, and. (2) untl.j.. the ,5..ay fixed for sa5d shecisa municipal. 5Zurter amenOment election to advertise daily in the ALAMEDA TIMES 11 3TRE, a nrwmpmpe.g of m.eneral ciheri.ot.ton. in said City, a noticw thrt copies of amid ramohlet maty be hadTS5C(14(kreplicetion thorcfor. Seid. notice) ohRll. be in substantially the following form: CF, AVLUTI5(])(3175JTY Ohl C5ARTET. AhtftlheihDIRTL NOTICE IS HEREBY (tit...tEIT to the qualified electwrs of the Oity of wimwda that pmnphatat copiem of tioe Amendyments proposed by the "wity Cornwil on. its owR motion, to the Cher.enne tlele City of Alameda lny. amendaing Section 2-5 one, Artie le tbeneof relatied to residence requiroments of City officers and. fall-tine enploaaas ann. by the addition of Article XXIV thereto re:let:Inn; to off-street vehicular perk-Inn fecill- telane nne. revaanne bobals, therefor, are on file in the office of tane Catty Clank., City Hail, Alameda, California, and mane be h9.0. UpOn. appliC,AUIOn therefor. enill,n.lecER Clerk of the City on ellamed.a, 0 e'en ornia PASSED AND ADUTED this 19th, clay. of Jenualny, 1955, by. the fnlioning, ante, unon mot1ou of Councilman Mnrasi, senboded be Councilman Haan, viz: Counoilneen Hann, Jones. mereei and Preeldent Anderson, NOES.° None. S. CUTESIEY ANDERSON laa.:F77,777.7J-Trai-T-57-7.TsTmeraa-, - SH.IRLEY H. T f -:•:t:h ifornia I., SHIRLEY H. TENNIER, City Clerk of the Ci.'727,7 OF ALLEETIA, California. do hereby certify that dde farenoirw is P. fuil true and correct cope. Of P negolution duly adopted. by at Least, a tHO-thirdS VO•114-3 Of all members of blie Council at %.•:„. reg111.9.1, neeteLnee of said Gounell e.u.nn enact reenn.earIn held at the reenter neenal.ree plence theneneee on. the leth. dna- of ,:inuary, 1'7155, of ubieh ell. thb 'members of said Caunci. bad due notice; 1,-;nat se.10. eneeatiree sein resolution uns introduced Con.nenalnen Ineresi and neue. in full and. was tlienbe,pon„ upon reetion Counciannee. seennelee by Cobencilman fiaan, adopted. by the folioddne ecncn:. Coeneilnea Hune, jodds, neinn.7, 'enree! add Yneetdank Anenrene, P.31.EnT: None. That a have eareleaUly compen,ed tne sene with. the original minutes Of S,lei reeueteinF on file and. of re:card in nee office and the,t said ree•ol,..ution. Is derby entered, of record in nook . of Pt. "0,1.,,q,,. resolution Is a fCTI:—TY3ne 'FM 531or5.7,3ii. copy of' '1,tnr-leabIncanel'ne'solation, aonbtoa, at said nbetinn end entered id. seld. ninuten. Tila7 said reeoluninn h08 not been 9.1Inderi, madified or resclanded cince thee Cal-,-,e of its a:creation and.. the eana le n.3.5 in. liiii. heana. and the seal of Tane City caC Alameda. nln._s 15,,abn day of r5y3, 13355 . ney Clare of t a Info ra I nnuany dortify the-. t'n,, 17'03 tti 0 C7 T THU Cc:nab:17in; Tniciberfn,L, C-inenallee !atinTelnaNT eci,nelTaTerb beT CrT, IbTi ,ienn,Tl0,5„, On 3,-5.7..ic..12'ia3, TO.; ?Ell.: n.L.CIORS On' Cd15C., CITY re0 Ile,C5POSAa TU Aence,';`) enlabenil Fce.1.0 nrl:',e,„ (1) 7.1n. '3EG-7:CT inallaCCril di Teebe' Ca-CeinfinneTaa,b2S Cle CITY C3IenT,Ciic,S 5lbLe:1,-;21bale Ele...P],(neTebS, e‘e:an (2) -20 ebn, `.',"1.C,7" bee: (en-Cenbrinn.e:HT Fenan.laTT, ena.,D FaabLl,1,111,PI; bebeb fee'C ; -2 T";,1.1 Deabil -'212, /2,2 PCOrecincbG ;leaan7 beenClia Ceennla., eannal., G TT `en TcHCl C; b n !nTici Pa:a 17,C,I.e'l Taa) Tea., H,cal.D. ID a 'I TY: 1, F: c;b55," ianuanduned ,u.,5 n;ceetbei. 'on lean bonne flae den ,Teinanne,