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Warrants drawing interest at a rate not to exceed six percent shall be issued, as other warrants are issued by the city, against the said local improvement guaranty fund to meet any liability accruing against it, and at the time of making its annual budget and tax levy, the city shall provide for the levying of a sum sufficient, with other resources of the fund, to pay warrants so issued during the preceding fiscal year and to establish a balance therein; provided, that such warrants shall at no time exceed five percent of the outstanding bond obligations guaranteed by said fund. (Ord. 5884 § 2, 2009.)