City of Cooper City Charter Amendment: Borrowing and Municipal Bonds (Ordinance 26-11)
What does this measure do?
Removes Cooper City's separate rule requiring voters to approve certain city loans. State voting rules would still apply, and this change would not raise your taxes.
Proposed by: Cooper City City Commission (Ordinance 26-11)
The city's elected commission acted after its Charter Review Board met. A city charter is the city's rulebook. Florida law says city voters must approve any change to it.
A YES vote means
Use state rules to decide when voters must approve city borrowing. State law still requires votes on most loans repaid with property taxes over more than a year.
A NO vote means
Keep the city's separate rule requiring a vote on loans repaid with property taxes over more than a year. State borrowing rules would also remain.
Sources: mccmeetingspublic.blob.core.usgovcloudapi.net · coopercity.gov · flsenate.gov
Source: coopercity.gov