County backup money for improvement districts

A. If at any time there are no available moneys in any of the funds specified in sections 14.50.170 and 14.50.180 to make the advancements provided for in such sections at the time or times any such advancements are required to be made in accordance with the provisions of the sections, then the council shall include in its budget for general county purposes for the next ensuing fiscal year an amount, in addition to all other amounts for county purposes, sufficient to make available in the general fund the moneys necessary to make the advancements, both for the past fiscal year and the fiscal year for which such amount is so included in the budget; provided, however, that the amount to be included in the budget for any one fiscal year with respect to property within any one improvement district shall not exceed the amount to be realized from a rate of ten cents per one hundred dollars assessed valuation of real property, including improvements, within the county. Appropriation of the amount so included in the budget shall be, by the provisions of this section, automatic at the beginning of such fiscal year, and the director of finance shall make such appropriation on his books as provided by this subsection. B. The provisions of subsection A of this section shall be applicable with respect to properties within an improvement district only if the council so declares in the ordinance levying assessments, and only if the council determines, which determination shall be set forth in the ordinance, that such application is in the public interest. The intention of the council to consider making the determination and declaration shall be set forth in the resolution proposing to make the improvement. (Ord. 801 § 1 (part), 1974: prior code §§ 25-7.6.4, 25-7.6.5)