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6377-99 ' I "ORD INANC S I i 1 F ORDINANCE NO. 6377-99 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, SUBMITTING TO THE CITY ELECTORS A PROPOSED AMENDMENT TO THE CITY CHARTER REPEALING ARTICLE IX, FISCAL MANAGEMENT PROCEDURES, OF THE CITY CHARTER TO ELIMINATE THE REQUIREMENT OF A REFERENDUM FOR REVENUE BOND PROJECTS IN EXCESS OF ONE MILLION DOLLARS; PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF CLEARWATER, FLORIDA: Section 1. It is hereby proposed that Article IX of the City Charter be repealed: ARTICLE IX. Reserved. FISCAL MANAf'_'CIUlY,.NT PROCEDURE* Section 2. A referendum election is hereby called and will be held on March 9, 1999, at the general city election for the consideration of the voters of the City of Clearwater for the proposed charter amendments. The question to appear on the referendum ballot reflecting the proposed amendment to the charter at the regular municipal election scheduled for March 9, 1999, shall be as follows: FISCAL MANAGEMENT PROCEDURES Shall Article IX of the City Charter be amended as provided in Ordinance 6377-99 to remove the requirement that revenue bonds for projects in excess of one million dollars be put to public referendum unless they are for revenue bonds for public health, safety or industrial development and revenue bonds for refunding? YES For amendment to City Charter NO Against amendment to City Charter .1) Ordinance No. 6377-99 a t? Section 3. The City Clerk is directed to notify the Pinellas County Supervisor of Elections that the referendum item provided above shall be considered at the election to be held on March 9, 1999. Section 4. This ordinance shall take effect immediately upon adoption. The amendments to the City Charter provided for herein shall take effect only upon approval of a majority of the City electors voting at the referendum election on these issues and upon the fling of the Amended Charter with the Secretary of State. PASSED ON FIRST READING December 10, 1998 PASSED ON SECOND AND FINAL January 21, 1999 READING AND ADOPTED Rita Garvey, Mayor-Com i sioner ` Approved as to form: Attest: Pamela' K. Akin, City Attorney Cy t is E. Goudeau, City Clerk Y, f.V . 1 a' S 1 ' 2 Ordinance No. 6377-99 f ?Hi.O-+ f