NOTICE OF BALLOT TITLE

NOTICE OF BALLOT TITLE
CITY OF DUNDEE

Pursuant to ORS 250.275(5), the City of Dundee hereby issues notice that it has received the following ballot title from the City Attorney in response to a proposed city referral. Any elector dissatisfied with the proposed ballot title may petition the Yamhill County Circuit Court seeking a different title, according to the requirements of ORS 250.296, no later than 5:00 PM on February 26, 2016. Any elector who files a petition to review the ballot title must notify the City Administrator/Recorder in writing that the petition has been filed no later than 5:00 PM on the next business day following the day the petition is filed.

CITY OF DUNDEE,
YAMHILL COUNTY OREGON

CAPTION
CHARTER AMENDMENT TO CLARIFY URBAN RENEWAL PROVISIONS AND VOTING REQUIREMENTS

QUESTION
Should the Charter be amended to conform with state law and cap maximum urban renewal indebtedness at three percent?

SUMMARY
In 1998 Dundee approved an Urban Renewal Chapter in the Charter (“Chapter”). State law changes have been adopted since the Urban Renewal Chapter was passed, and ambiguities in the Chapter need to be resolved to clarify provisions of the Chapter. This measure, if approved, would resolve those ambiguities, conform the Chapter to state law, and clarify when and how an urban renewal plan would be voted on by city electors.

This measure if approved would repeal the current Chapter, and adopt a section that would limit the maximum urban renewal indebtedness to no greater than three percent of the total market value of taxable properties in the city. It would also cap urban renewal bonding and require voter approval for any bonds with a maturity date greater than ten years. The City would follow state law requirements for all other urban renewal matters.

Publish 02-24-16 NG538627

CITY OF DUNDEE

Pursuant to ORS 250.275(5), the City of Dundee hereby issues notice that it has received the following ballot title from the City Attorney in response to a proposed city referral. Any elector dissatisfied with the proposed ballot title may petition the Yamhill County Circuit Court seeking a different title, according to the requirements of ORS 250.296, no later than 5:00 PM on February 26, 2016. Any elector who files a petition to review the ballot title must notify the City Administrator/Recorder in writing that the petition has been filed no later than 5:00 PM on the next business day following the day the petition is filed.

CITY OF DUNDEE,
YAMHILL COUNTY OREGON

CAPTION
CHARTER AMENDMENT TO CLARIFY URBAN RENEWAL PROVISIONS AND VOTING REQUIREMENTS

QUESTION
Should the Charter be amended to conform with state law and cap maximum urban renewal indebtedness at three percent?

SUMMARY
In 1998 Dundee approved an Urban Renewal Chapter in the Charter (“Chapter”). State law changes have been adopted since the Urban Renewal Chapter was passed, and ambiguities in the Chapter need to be resolved to clarify provisions of the Chapter. This measure, if approved, would resolve those ambiguities, conform the Chapter to state law, and clarify when and how an urban renewal plan would be voted on by city electors.

This measure if approved would repeal the current Chapter, and adopt a section that would limit the maximum urban renewal indebtedness to no greater than three percent of the total market value of taxable properties in the city. It would also cap urban renewal bonding and require voter approval for any bonds with a maturity date greater than ten years. The City would follow state law requirements for all other urban renewal matters.

Publish 02-24-16 NG538627