HomeMy Public PortalAbout1996-39 Urging the qualified electors to vote no on the debt cap gharter amendmentRESOLUTION NO. 96-39
A RESOLUTION OF THE VILLAGE OF KEY BISCAYNE,
FLORIDA; URGING THE QUALIFIED ELECTORS OF
KEY BISCAYNE TO VOTE NO ON THE DEBT CAP
CHARTER AMENDMENT SPECIAL ELECTION TO BE
HELD ON JANUARY 21, 1997; PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the Village Council by consensus voted on July 9, 1996 to instruct the Charter
Review Committee to study debt limiting language for a Charter amendment; and
WHEREAS, on January 21, 1997 there will be a Special Election providing for the qualified
electors of Key Biscayne to vote on the proposed debt limit Charter amendment as presented by the
Debt Cap Petitioner Committee; and
WHEREAS, the Financial Policy Committee had unanimously recommended that the portion
of Enterprise Fund Debt which is fully supported by user fees shill not he included in the Long Term
Debt for the purposes of calculating Debt limit; and
WHEREAS, the Key Biscayne Council recognizes the efforts of the Financial Policy
Committee and the Council will enact an Ordinance with the precise recommendations of the
Committee and the Council incorporates by reference said Ordinance; and
WHEREAS, the Debt Cap Petitioner Committee has acknowledged that enterprise funds are
included in debt limit calculations for their Charter Amendment;
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF KEY
BISCAYNE, FLORIDA AS FOLLOWS:
Section 1. The Council opposes the amendment of the Debt Cap Petitioner Committee.
Section 2. The Council recommends that the voters of Key Biscayne vote no on the
amendment at the January 21, 1997 Special Election.
,Section 3. So that this Charter amendment will be voted on by the people having full
knowledge of its immediate and long-term effects on the Village, the Council directs the Manager
and staff prepare the necessary information to inform the public as to the implications of the
proposed Charter amendment and its impact on future projects.
Section 4. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this 2nd day of December , 1996.
OR JOHN F. FESTA
CONCHITA H. ALVAREZ, VILLAGE CLERK
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
RICHARD J. WEISS, VILLAGE ATTORNEY