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HomeMy WebLinkAboutSS1 - Amending the City Charter Regarding Majority Voter Approval of Certain Debt - CorrespondenceJune 26, 2018 Agenda Item No. SS1 and 24 Received after agenda printed Nelson, Jennifer From: Kiff, Dave Sent: Thursday, June 21, 2018 1:58 PM Subject: FW: Draft Charter Amendment Language Follow Up Flag: Follow up Flag Status: Flagged For the record. From: Robert McCaffrey [mailto:rtmccaffrey@yahoo.com] Sent: Thursday, June 21, 2018 10:25 AM To: Kiff, Dave <DKiff@newportbeachca.gov> Subject: Re: Draft Charter Amendment Language Dave, Thank you for sending this draft. I have the following comments: 1. The vote threshold should be 2/3rds, consistent with Proposition 13. 2. There should be language that defines the intent of the measure such as "the intent of this ordinance is to restrict indebtedness of city and insure that the voters approve debt for large municipal projects." Such intent language protects taxpayers in the event of ligtigation. Thank you for consideration of these comments. O On Jun 19, 2018, at 3:33 PM, Kiff, Dave <DKiff(a newportbeachca.gov> wrote: Dear Neighbors — A number of you have inquired about the possibility of a charter amendment relating to voter -approval on debt going on the November 2018 ballot. The Council will consider this item at a Study Session on Tuesday, June 26`h, starting at 4:30 p.m. If the Council desires, they could also act on it formally that evening at the night session starting at 7:00 p,m., once a key detail is filled in (the dollar amount/threshold). I am providing this draft amendment language to you all as a courtesy in advance of our usual release of information on Thursday afternoon, given the level of interest in this issue. As you can see, it is a PDF and I purposefully left comments in the margin so you can see what is existing language and what is added — ie. the entirety of Subsection (b) is new and proposed to be added (if Council goes this way). If you have any questions, you can direct them to me.