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ORDINANCE NO. 476MO
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AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA,
RELATING TO THE CHARTER OF THE CITY; PROPOSING AN
AMENDMENT TO ARTICLE IX OF THE CITY CHARTER TO
DELETE THE REQUIREMENT THAT REVENUE BONDS FOR
PROJECTS IN EXCESS OF $1,000,000, WITH CERTAIN
EXCEPTIONS, SHALL BE PUT TO PUBLIC REFERENDUM;
PROVIDING FOR A SPECIAL ELECTION TO BE HELD ON
MARCH 14, 1989, IN CONJUNCTION WITH THE REGULAR
CITY ELECTION IN ORDER TO SUBMIT THE PROPOSED r.,.?xy
CITY CHARTER AMENDMENT TO THE VOTERS PROVIDING
AN EFFECTIVE DATE.
°.i;'?
BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY
OF CLEARWATER, FLORIDA:
Section 1. Article IX of the City Charter is amended to read;
ARTICLE IX. FISCAL MANAGEMENT PROCEDURE
ot Z
Within three (3) months after the adoption of this Charter, the City Commission
shall adopt by ordinance a fiscal management procedure code providing a comprehensive
system of fiscal management. The fiscal management procedure shall Include provisions
'relating to the operating budget, capital budget and capital program, providing for
hearings on the budget, capital budget and capital program and the amendment of the
budget following adoption. Suehrerdiaanee-shall-in-addk en eentaln-a-previefen
requiring-tha# revenue-bendsOat-prejeets-in-excess of-ene m4H46n-deRars-9hall-be-put
top-public-referendum-wllh-4iie-exeeplietref-revenue bends-fere+tibHe-heaR"afety-er
4ndtstrieldevelepmerit-and••revenue-bond,34or re€un ng:
Section 2. The amendment proposed by this ordinance shall be subject to approval
by the voters of the City. A special election for such purpose shall be conducted on
Tuesday, March 14, 1989, in conjunction with the regular election of the City, and the
proposed amendment shall be deemed approved upon the affirmative vote of a majority
of the voters of the City voting upon the following ballot question:
CITY OF CLEARWATER
CITY CHARTER AMENDMENT
QUESTION NUMBER TWO
Article IX of the City Charter currently requires that revenue bonds for
projects In excess of $1,000,000.00 shall be put to public referendum,
except for revenue bonds for public health, safety or industrial
development and revenue bonds for refunding. Ordinance Number 476989
proposes to delete the requirement that such revenue bonds be put to
public referendum. Shall the amendment to delete the referendum
requirement be approved?
Yes (for amendment)
No (against amendment)
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i
Section 3. This ordinance shall take effect Immediately upon adoption, except
that the amendment proposed by Section 1 shall take effect when filed with the
Florida Department of State, if approved by the voters of the City as provided in
Section 2.
PASSED ON FIRST READING January 5, 1989
PASSED ON SECOND AND FINAL
READING AND ADOPTED January 19, 1989
Attest:
QUA
CR lark
Approved as to form
and correctness;
ty Attorney
ayor, omm ss oner