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cablecasting programming. The plan may be amended at any time by CALOP, but <br />any amendment shall follow the same procedure as the adoption of the original <br />plan. CALOP may review the plan at any time but shall review the plan at a <br />minimum of every twenty-four (24) months following its adoption. <br /> <br /> Section 6. Funds and Budget. CALOP shall operate on the same <br />fiscal year as that of the City. It shall have the power to collect, hold, <br />manage, control and use all funds appropriated and provided for it. CALOP <br />shall formulate guidelines for the awarding of grants so as to maxim~ze other <br />private and public funding sources. The guidelines are to be developed within <br />the scope of the five (5) year plan and should result in financial assistance <br />in proportion to the areas given priority in the plan. CALOP shall prepare an <br />operating budget for each fiscal year. CALOP shall submit both its guidelines <br />and budget to the City Council no later than March 15, prior to the beginning <br />of each fiscal year. Final Budget adoption by CALOP shall be not earlier than <br /> <br />May 15, or later than June 30, each year. <br /> <br /> Section 7. Meetings; Procedures. <br />members shall elect from their number, <br /> <br />At the first meeting of CALOP the <br />a chairperson, vice-chairperson, <br /> <br />secretary-treasurer and such other officers as they may deem necessary. CALOP <br />shall make and publish such rules of procedure as may be deemed necessary. <br /> <br /> Section 8. This ordinance shall take effect and be in force from <br />and after its passage, as provided by law. <br /> <br /> PASSED this 6th day of May , 1981. <br /> <br />ATTEST: <br /> <br /> City Clerk <br /> <br />CERTIFIED TO BE CORRECT AS TO FORM: <br /> <br />City Cgun~oor <br /> <br /> <br />