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City Council <br /> Meeting Minutes <br /> May 18, 2010 <br /> Page 12 of 13 <br /> Constitutional Amendment 61 would limit state and local government <br /> Prohibits any borrowing by state government <br /> Local government borrowing (including bonds and leases) or refund (including <br /> enterprise funds) only with voter approval <br /> After debt repayment, tax irate must decline by an equal amount (even if debt <br /> was not repaid with a tax) <br /> Maximum limit on borrowing is ten years <br /> City Attorney Light noted the PowerPoint presentation by Dee Wisor interprets the <br /> unclear language of the proposition and constitutional amendments and the future <br /> ramifications for city and county agencies, should these measures pass. He addressed <br /> a Resolution of Advocacy, whiich is the recognized method, under the Fair Campaign <br /> Act, for the Council to express an opinion on any statewide ballot issue, either in <br /> support or opposition. The Council also has the ability to file a factual summary, which <br /> requires inclusion of pro /con arguments. As an entity, Council has the option to prepare <br /> and distribute a factual summary regarding a ballot issue. <br /> COUNCIL COMMENTS <br /> Mayor Pro Tem Marsella supported the Resolution of Advocacy and asked if Council <br /> could provide factual information to the citizens on how those ballot issues would affect <br /> the City's budget. City Attorney Light explained, according to the Fair Campaign act, <br /> once the ballot language is set, the City is limited on using public funds to advocate for <br /> or against any election matter. An individual citizen can campaign against any election <br /> matter. Council may file a Resolution of Advocacy and express an opinion on the <br /> statewide ballot issues, but both pro and con statements must be received. <br /> Councilor Dalton asked if the City Council prepared a factual summary of the financial <br /> impact to the City if those measures pass, are they required to accept pro and con <br /> statements. City Attorney Light confirmed an entity may adopt a Resolution of <br /> Advocacy and /or may distribute a factual summary, but must receive pro /con <br /> statements. <br /> Mayor Sisk stated the Council could pass a Resolution of Advocacy and noted the City <br /> of Boulder, Boulder County and several other municipalities are currently working on <br /> such a recommendation. <br /> RESOLUTION No. 27, SERIIES 2010 A RESOLUTION CHANGING THE NAME OF <br /> THE RESOURCE CONSERVATIION ADVISORY BOARD AND SETTING FORTH THE <br /> PURPOSES, TERMS, RESPONSIBILITIES, POWERS, DUTIES AND OTHER <br /> MATTERS CONCERNING THE NEW SUSTAINABILITY ADVISORY BOARD <br /> Mayor Sisk requested a Staff presentation. <br />