HomeMy WebLinkAboutOrdinance_231_03/08/1976 • • AN ORDINANCE OF THE VILLAGE OF TEQUESTA, FLORIDA, MAKING IT MANDATORY THAT ALL MATTERS RELATING TO THE AUTHORIZATION OF THE ISSUANCE OF BONDS FOR THE PURPOSES OF BORROWING MONEY BY THE VILLAGE OF TEQUESTA BE ACCOMPLISHED BY ORDINANCE AND NOT BY RESOLUTION. WHEREAS, the Charter of the Village of Tequesta provides for the Power of Referendum as to Ordinances, but not as to resolutions and; WHEREAS, the Village Council is of the opinion that the power of referendum should be made available to the citizens of the Village of Tequesta in matters concerning the authorization of the issuance of bonds as provided by the Village Charter and by Florida Statutes. NOW THEREFORE BE IT ORDAINED BY THE VILLAGE COUNCIL OF TEQUESTA, FLORIDA: Section 1. All matters concerning or relating to the authorization of the issuance of bonds for the purpose of borrow- ing money by the Village of Tequesta shall be presented to the Village Council and accomplished in the form of an ordinance and not by resolution. Section 2. That all Ordinances or parts of Ordinances in conflict herewith be and the same are hereby repealed. Section 3. This Ordinance shall take effect upon its passage and approval as provided by law. PASSED AND ADOPTED ON Second READING THIS $ DAY OF JOHNSTON SASBER & RANDOLPH 1115 HARVEY BUILDING WEST PALM BEACH, FLA. 33402 March APPROVED: ORDINANCE N0. .231 . 1976. ~i9 ~ ATTEST: f l(.,