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Savannah Georgia online Form 5495: What You Should Know

The provisions of the City Charter and the Constitution are subject to change at the discretion of the governing body. Under the Charter, the City Board of Aldermen is the Chief Executive Officer, provided that no more than 25% of the number of members serving on the Board shall be members from the same political party, and those members shall be elected for three-year terms or for staggered two-year terms. In addition, for the purpose of elections each person shall have one vote that shall be counted in the election. The purpose of the Charter is to establish a government that is accountable to the people of Bridgeport; it is designed to protect the general welfare and assure an effective government. It is part of the general law that when the governing body of a municipality adopts an ordinance, it must give reasons for doing so. By this ordinance, the governing body of Bridgeport has adopted Ordinance NO C. 1 of 1927, as amended. Ordinance NO C. 1 established the city government of Bridgeport as the City Board of Aldermen of the City of Bridgeport, with the powers and duties specified in Ordinance NO 1458 of 1929. In the event of the failure to pass a regular or biennial budget by the governing body, which occurred in 1983, or when the governing body is of the opinion that any of the provisions of the General Obligation Bond Law, as amended [The General Obligation Bond Law, as amended, is a law providing general tax relief, and the purpose for which the General Obligation Bonds are offered by Bridgeport is to provide such relief] be applicable to the City pursuant to that Law, said failing to pass the proper budget and tax levy shall be deemed by the governing body of the City of Bridgeport to be a termination of its authority to issue and sell said General Obligation Bonds and to act in connection therewith. As such the Authority, as soon as practicable, shall pass a budget that reflects its financial position and make all other expenditures necessary to bring the fiscal deficit to a level and to prevent all further impairments, and it shall be the job of the City Board of Aldermen to assist the General Manager of Bridgeport by making the necessary adjustments and recommendations to bring Bridgeport back in the running as soon as possible.

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