Page 25 - compilation-containing-the-charter-and-revised-ordinances-of-the-city-of-lake-city-florida-(1912)-gillen-and-hodges

Charter and Revised Ordinances of Lake City Florida (1912) Gillen & Hodges
22
Charter of the City 0/ Lake City
balance of money that was received from the sale
of bonds after the work entrusted to them has 22/257
been completed, the City Council shall invest such
balance in such interest-bearing securities as they
may select, to be approved by the Mayor, and
such securities shall be turned over by them to the
City Treasurer, who shall receive and give his re­
ceipt for the same, and such securities shall remain
in the hands of the City Treasurer, and the pro­
ceeds thereof be applied to the payment of the
bonds or the interest thereon, as directed by res­
olution of the Council.

Sec. 44. That the adverse result of an election
to determine the question of the issuance of bonds
for any one or more of the purposes mentioned in
this act, shall not debar the men existing or any
subsequent Council from re-submitting the same
question to the legal voters of the city after the
lapse of one year; but the question of bonding for
any purpose not already voted upon can be sub­
mitted to the vote of the people whenever, in the
judgment of the Council, it may be considered
advisable.

Sec. 45. There shall be a Tax Assessor, who
shall serve for one year, and until his successor is
elected and qualified. He shall be elected an­
nually by the City Council, and as soon as prac­
ticable after each general election as the same
shall be constituted by reason of such election.
He shall enter upon the discharge of his duties
immediately after being sworn into office and giv­
ing such bond as may be required by ordinance.
It shall be his duty to assess all the property
within the corporate limits of the city, both real

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