HomeMy WebLinkAboutORD NO 3152CITY COUNCIL ORDINANCE NO. 3152
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF BAKERSFIELD, AMENDING SECTION 3.60.030 OF
THE BAKERSFIELD MUNICIPAL CODE, RELATING TO
THE FINANCING OF HEALTH FACILITIES
THE CITY COUNCIL OF THE CITY OF BAKERSFIELD,
CALIFORNIA DOES ORDAIN AS FOLLOWS:
SECTION 1. Section 3.60.030 (C) of the Bakersfield
Municipal Code hereby is amended to read in full as follows:
(C) "Cost" means the total of all costs incurred by
or on behalf of a participating health institution necessary or
incident to the acquisition of a membership in a nonprofit
corporation which owns or operates a health facility directly
from that nonprofit corporation, or the acquisition,
construction, rehabilitation or improvement of a health
facility or the refunding or refinancing of obligations
incurred to finance such acquisition of a membership or such
acquisition, construction, rehabilitation or improvement of a
health facility. "Cost" shall include such costs which under
generally accepted principles are properly chargeable to a
capital account (whether or not actually so charged),
structures, real or personal property, franchises, rights and
interests acquired or used in connection with a health
facility, the cost of demolishing or removing any structures
(including the cost of acquiring any lands to which such
structures may be moved), the cost of engineering,
architectural, financial and legal services, plans,
specifications, studies, surveys, estimates, administration
expenses or other expenses necessary or incident to determining
the feasibility of or to acquiring, constructing,
rehabilitating, improving or financing a health facility,
including all costs of issuance of bonds for such purposes,
reserves for debt service and for repairs, replacements,
additions and improvements, and capitalized bond interest for
such period as the City may determine.
SECTION 2. Section 3.60.030 (F) of the Bakersfield
Municipal Code hereby is amended to read in full as follows:
(F) "Participating health institution" means a
private corporation or association authorized by the laws of
the State (1) to acquire a membership in a nonprofit
corporation which owns or operates a health facility as defined
in this chapter directly from that nonprofit corporation or to
provide or operate a health facility as defined in this chapter
and (2) which, pursuant to the provisions of this chapter,
undertakes the financing of the acquisition of such membership,
or the acquisition, construction, rehabilitation or improvement
of a health facility or undertakes the refunding or refinancing
of obligations incurred to finance the acquisition of such
membership, or of a health facility.
SECTION 3. This ordinance shall be in full force and
effect thirty (30) days after its passage.
I HEREBY CERTIFY that the foregoing Ordinance was
passed and adopted by the Council of the City of Bakersfield
a regular meeting thereof held on the 16thday of March
1988, by the following vote:
at
Ayes: Councilmen:
Noes: Councilmen: None
Absent Councilmen: None
Abstaining Councilmen:
Childs, DeMond, Smith, Ratty, Peterson, McDermott, Salvag.cio
None
CITY CLERK and Ex Officio Clerk of
the Council of the City of Bakersfield
APPROVED this 16th day of March , 1988.
MAYOR of the City of~ Bakersfield
CITY ATT~ )f~he ~ity of Bakersfield
02/25/88
8718k/2060/00 -2-
AFFIDAVIT OF POSTING DOCUMENTS
The
STATE OF CALIFORNIA)
) SSo
County of Kern)
CAROL WILLIAMS, Being
That she is the duly appointed,
of Bakersfield; and that on
Bulletin Board at City Ball, a
ORDINANCE
Bakersfield City Council
duly sworn, deposes and says:
acting and qualified City
March 18, , 19 88 ,
full, true and correct copy
, No. 3152
at a meeting held on
Clerk of the City
she posted on the
of the following:
, passed by
March 16, 19~8 ,
and entitled:
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF BAKERSFIELD, AMENDING SECTION 3.060.030 OF
THE BAKERSFIELD MUNICIPAL CODE, RELATING TO
THE FINANCING OF HEALTH FACILITIES.
ol~/~the fity of Bakersfield
/
AOPNS