HomeMy WebLinkAboutORD NO 3550O IN CE No. 3 5 5 0
AN ORDINANCE AMENDING SUBSECTION A.
OF SECTION 3 · 30 · 030 OF THE
BAKERSFIELD MUNICIPAL CODE ~R?.ATING
TO IN-LIEU TAXES.
BE IT ORDAINED by the Council of the City of Bakersfield
as follows:
Section 1.
3.30.030 Palaments by municipal utilities in-lieu of taxes.
A. In any fiscal year, a municipal utility may be
required to pay to the city, in lieu of property taxes, other
taxes, franchise fees and other fees and other associated costs of
doing business normally placed upon private business and public
utilities, an amount designated the City Council. Such amount
shall not be l'imited by limitations placed on such taxes and fees
by state law for private businesses and public utilities except for
domestic water. Such amounts may include fees which reflect the
difference between the interest rate paid by a municipal utility
and the rate such utility would pay if it were a non-municipal
utility, which difference is due to the city assuming additional
financial risk on behalf of such municipal utility.
SECTION 2.
This ordinance shall be posted in accordance with
provisions of the Bakersfield Municipal Code and shall become
effective thirty (30) days from and after the date of its passage.
.......... O00 ..........
ORIGINAL
I ~EREBY CERTIFY that the foregoing Ordinance was passed
and adopted by the Council of the City of Bakersfield at a regular
meeting thereof held on 0Uk 28 ~ , by the following vote:
AYES: COUNCILME~,~BERS bl~, E'~, DeMOND, ,~ITH, B#MI~I, ~, SALVAGG~O
NOES: COUNCIL~M~EHS ~c ~)~ h~-) ~'~Y't~ v-~ m i
ABSTAIN: COUNCILMEMBERS
ABSENT: COUNCILMEMBERS E d ~;~ ~'# ~
AYE: ,~¥or P~'*ice (1;o break the
CITY CLERK ~ o Clerk of the
Council of the City of Bakersfield
APPROVED JUL 2 $ 1,993
MAYOR of the City of Bakersfield
APPROVED as to form:
CITY ATTORNEY of the City of Bakersfield
LML/meg
IN-LIEU2.0-5
7/1/93
- 2 -
ORIGINAL
AFFIDAVIT OF POSTING DOCUMENTS
STATE OF CALIFORNIA)
) ss.
County of Kern )
CAROL WILLIAMS, being duly sworn, deposes and says:
That she is the duly appointed, acting and qualified City Clerk of
the City of Bakersfield; and that on the 2nd day of August, 1993
she posted on the Bulletin Board at City Hall, a full, true and
correct copy of the following: Ordinance No. 3550, passed by the
Bakersfield City Council at a meeting held on the 28th day of July,
1993, and entitled:
By:
/s/ CAROL WILLIAMS
City Clerk of the City of Bakersfield