7905-07
ORDINANCE NO. 7905-07
AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA,
SUBMITTING TO THE CITY ELECTORS PROPOSED
AMENDMENTS TO THE CITY CHARTER AMENDING ARTICLE
IX, FISCAL MANAGEMENT PROCEDURE, DELETING THE
REQUIREMENT THAT REVENUE BONDS FOR PROJECTS IN
EXCESS OF ONE MILLION DOLLARS BE PUT TO
REFERENDUM; PROVIDING AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
CLEARWATER, FLORIDA:
Section 1. It is hereby proposed that Article IX of the City Charter be amended
as follows:
ARTICLE IX. FISCAL MANAGEMENT PROCEDURE
The city's fiscal management procedure shall include provisions relating to the
operating budget, capital budget, and capital program, and provide for hearings on the
budget, capital budget, and capital program and the amendment of the budget following
adoption. Tho ordinance shall contain a provision requiring that revenue bonds for
projects in excess of one million dollars be put to referendum with the exception of
revenue bonds for public health, safety or industrial development 3nd revenue bonds
for refunding.
Section 2. A referendum election is hereby called and will be held on January
29, 2008, 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 January 29, 2008, shall be as follows:
REQUIREMENT FOR REFERENDUM ON REVENUE BONDS FOR
PROJECTS IN EXCESS OF $1,000.000.
Shall Article IX. Of the City Charter, relating to fiscal management, be
amended as provided in Ordinance No. 7905-07 to remove the
requirement that revenue bonds for projects in excess of one million
dollars be put to referendum unless they are for public health, safety, or
industrial development or revenue bonds for refunding while not affecting
the Florida Constitutional requirement for referendum on general
obligation bonds?
YES
NO
Ordinance No. 7905-07
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 January 29, 2008.
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 filing of the Amended Charter with the Secretary of State.
PASSED ON FIRST READING
November 1, 2007
PASSED ON SECOND AND FINAL
READING AND ADOPTED
November 15, 2007
~~~
Ac1nk V. Hibbard
Mayor
Approved as to form:
Attest:
P~!a J~kin
City Attorney
2
Ordinance No. 7905-07