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Ordinance 12-1990 ORDINANCE NO. 12 -1.990 AN ORDINANCE OF THE CITY OF LONGWOOD, FLORIDA, PROPOSING AN AMENDMENT TO THE CHARTER OF THE CITY OF LONGWOOD, FLORIDA, CONCERNING ARTICLE VI, SECTION 6.10(b) TO AMEND SUCH PROVISION TO REQUIRE VOTER APPROVAL BY REFERENDUM TO AUTHORIZE THE ISSUANCE OF DEBT SECURED BY A PLEDGE OF AD VALOREM TAXATION FOR THE PURPOSE OF CONSTRUCTION OF ANY CAPITAL IMPROVEMENT, OR LEASE OR PURCHASE OF REAL PROPERTY, THE MA'T'URITY OF WHICH EXCEEDS TWELVE MONTHS AFTER ISSUANCE, IN PLACE OF THE RESTRICTION ON SPENDING OF FUNDS EXTENDING BEYOND THE END OF ANY FISCAL YEAR; PROVIDING THAT SAID PROPOSED CHARTER AMENDMENT BE SUBMITTED TO THE VOTERS AT THE NEXT GENERAL ELECTION HELD ON TUESDAY, NOVEMBER 6, 2012; PROVIDING THAT IF APPROVED, SUCH AMENDMENT SHALL BE INCORPORATED INTO THE CITY CHARTER; PROVIDING FOR CODIFICATION, SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE. WHEREAS, Section 166.031, Florida Statutes, provides for the adoption of an ordinance submitting amendments to the City of Longwood's Charter to the electors of the City for approval; WHEREAS, the City Commission of the City of Longwood, Florida, has met and reviewed the City Charter; and WHEREAS, Section 6.10(b) of the City Charter contains ambiguous language regarding the requirement for voter approval by referendum concerning the City Commission spending funds derived from any source for the purpose of the construction of any capital improvement or lease or purchase of real property, the payment of which extends beyond the end of any fiscal year; and WHEREAS, Article VII, Section 12, Florida Constitution, provides for voter approval prior to a municipality's issuance of bonds and debt for capital projects as follows: SECTION 12. Local bonds.- Counties, school districts, municipalities, special districts and local goverrimental bodies with taxing powers may issue bonds, certificates of indebtedness or any form of tax anticipation certificates, payable from ad valorem taxation and maturing more than twelve months after issuance only: City of Longwood Ordinance No. 12 -1990 Page 1 of 4 (a) to finance or refinance capital projects authorized by law and only when approved by vote of the electors who are owners of freeholds therein not wholly exempt from taxation; or (b) to refund outstanding bonds and interest and redemption premium thereon at a lower net average interest cost rate. WHEREAS, the City Commission desires to propose an amendment of Section 6.10(b) of the City Charter as specified in this Ordinance to the voters of the City of Longwood; and WHEREAS, the City Commission of the City of Longwood, Florida, proposes the following amendment to the Charter of the City of Longwood be submitted to the voters of the City of Longwood at the next General Election on Tuesday, November 6, 2012. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LONGWOOD, FLORIDA, AS FOLLOWS: SECTION 1 . Amendment #2 . The following amendment to the Charter of the City of Longwood is submitted to the qualified electors of the City of Longwood and upon approval by the qualified electors, Section 6.10(b) of the City Charter shall be amended to read as follows: Section 6.10. - Administration of budget. (b) Spendin g Borrowing of funds to be authorized by referendum. Unless authorized by the voters at a duly held referendum, the city Eem i shall not issue debt spend or- allow to be spent any ftinds derived from any seiifee secured by pledge of ad valorem taxation for the purpose of construction of any capital improvement, or lease or purchase of real property, the payment maturity of which extends beyond twelve months after issuance. Key: Delete, Strikethrough Insert Underline SECTION 2 . Amendment #2 Ballot Ouestion The ballot title and summary of the charter amendment referenced in Section I herein, followed by the words "yes" and "no" shall be set forth as follows on the ballot at the regular election on November 6, 2012, for consideration by the qualified electors of the City of Longwood, Florida: PROPOSED CHARTER AMENDMENT City of Longwood Ordinance No. 12 -1990 Page 2 of 4 QUESTION #2 CHARTER AMENDMENT - VOTER AUTHORIZATION FOR CITY ISSUANCE OF DEBT PLEDGING AD VALOREM TAXES. Shall Section 6.10(b) of the City Charter be amended to be similar to Article VII, Section 12, Florida Constitution, to require voter authorization for the City's issuance of debt secured by a pledge of ad valorem taxation for the purpose of construction of any capital improvement, or lease or purchase of real property, the maturity of which extends beyond twelve months after issuance, which replaces voter authorization for spending funds extending beyond a fiscal year? YES NO SECTION 3 . Referendum The forgoing proposed amendment to the Charter of the City of Longwood above and its accompanying ballot question contained herein shall be individually placed on the City ballot and submitted to the qualified voters of the City of Longwood at the next General Election on Tuesday, November 6, 2012. The qualified voters shall have an opportunity to vote on the proposed amendment to the Charter. Thereafter, the Charter of the City of Longwood, Florida shall be amended pursuant to the proposed amendment if such amendment receives "yes" or affirmative vote from the majority of the votes cast. The City Clerk of the City of Longwood is hereby authorized and directed to advertise the referendum election authorized herein in accordance with the applicable provisions of the City Charter, City Code, Florida Statutes, Florida Administrative Code, and federal law. In. the event it becomes necessary to make modifications to the ballot question contained within Section 2 after adoption of this Ordinance, the City Commission may ;make such modification by Resolution. r- SECTION 4. Codification It is the intention of the City Commission of the City of Longwood that the Charter Amendment proposed in Section 1 of this Ordinance shall become and be made a part of the Charter of the City of Longwood, Florida, if adopted by the qualified electors of the City of Longwood. Articles, sections, and subsections of the Charter may be renumbered or relettered for editorial and codification purposes and such renumbering and reletter:ing shall not constitute nor be considered substantive changes to the charter amendment as adopted. SECTION 5 . Severability The provisions of this Ordinance are declared to be separable and if any section, sentence, clause, or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences,, clauses, or phrases of this Ordinance but they shall remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. City of Longwood Ordinance .No. 12 -1990 Page 3 of 4 SECTION 6 . Conflicts In the event of a conflict or conflicts between this Ordinance and other ordinances, this Ordinance shall control to the extent such conflict exists. SECTION 7 Effective Date of this Ordinance This Ordinance shall become effective immediately upon its passage and adoption. SECTION 8. Effective Date of Proposed Charter Amendment. The proposed Charter Amendment set forth herein shall take effect if and upon certification of an affirmative majority vote of the qualified electors of the City of Longwood in favor of such at the November 6, 2012 referendum election. FIRST READING: SECOND READING: . d y O PASSED AND ADOPTED THIS AY OF A.D., 2012. CITY OF LONGWOOD, FLORIDA Brian D. Sackett, M yor ATTES Sarah M. Mirus, MMC, MBA, City Clerk Approved as to form and legality for the use and reliance of the City of Longwood, Florida, only: Daniel W. Lange y , C' A City of Longwood Ordinance No. 12 -1990 Page 4 of 4