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The authorised capital of a company sometimes referred to as the authorised share capital, registered capital or nominal capital, (particularly in the United States) is the maximum amount of share capital that the company is authorised by its constitutional documents to issue (allocate) to shareholders. Part of the authorised capital can (and ...
The seat of government is (as defined by Brewer's Politics) "the building, complex of buildings or the city from which a government exercises its authority". [ 1 ] In most countries, the nation's capital is also seat of its government, thus that city is appropriately referred to as the national seat of government.
A city charter or town charter (generically, municipal charter) is a legal document establishing a municipality such as a city or town. The concept developed in Europe during the Middle Ages . Traditionally, the granting of a charter gave a settlement and its inhabitants the right to town privileges under the feudal system .
The key motivation for municipalization stems from a difference in priorities and goals of the community members and the incumbent utility. While incumbent IOUs have the objective of reliable and safe electricity that can provide a competitive profit for the investors, municipalized utilities are free from the need to provide for private profits and can focus on the pursuit of other policy ...
Conversely, in a weak-mayor system, the mayor has no formal authority outside the council, serving a largely ceremonial role as council chairperson and is elected by the citizens of the city. The mayor cannot directly appoint or remove officials and lacks veto power over council votes.
A city government's orientation reflects both its leaders' aspirations and its tax-services balance. politics plays an important role in explaining the path and direction a city chooses. A city's economic development functions and for the political decision to mobilize public capital.
Usually direct-controlled municipality are under central government control with limited power. In some cases, a similar term in federal states is the federal city. Many countries have adopted this system with some different variations. Geographically and culturally, many of the municipalities are enclaves in the middle of provinces. Some occur ...
The complexity of an appropriation depends upon the city council's preferences; real-world appropriations can list hundreds of line item amounts. An appropriation is the legal authority for spending [58] given by the city council to the various agencies of the city government. In the example above, the city can spend as much as $34 million, but ...