44-77 ORDINANCE NO. 44-77
AN ORDINANCE OF TIM CITY COUNCIL OF THE CITY
OF DELRAY BEACH, FLORIDA, AMENDING CHAPTER 2,
ARTICLE III "FINANCIAL ADVISORY BOARD" OF THE
CODE OF ORDINANCES OF THE CITY OF DELRAY BEACH
BY AMENDING SECTION 2-41(C) TO ADD "OR AD VALOREM
TAXPAYERS.";PROVIDING A SAVING CLAUSE; PROVIDING AN
EFFECTIVE DATE.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL. OF THE CITY
OF DELRAY BEACH, FLORIDA, AS FOLLOWS:
Section I. That Chapter 2~ Article III, Section 2-41(C) be
amended to read as follows:
(C) Qualifications for board members.
Members of the board shall be appointed from electors
or ad valorem taxpayers of the City and shall be known
to have expertise applicable to municipal finance and/or
an extensive educational and/or occupational background
in financial investment fields. By way of example and not
by limitation, members of the board may be drawn from such
occupational areas as financial investment consultants,
certified public accountants and tax attorneys.
Section 2. That should any section or provision of this ordinance
or any portion thereof, any paragraph, sentence, or word be declared by a
Court of competent jurisdiction to be invalid, such decision shall not
affect the validity of the remainder hereof as a whole or part thereof
other than the part declared to be invalid.
Section 3. That this ordinance shall become effective ten days
after passage on second and final reading.
PASSED AND ADOPTED in regular session on second and final reading
on this the 27th day of June , 1977.
ATTEST:
City Clerk
First Reading June 13~ 1977
Second Reading June 27t 1977