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Text of Water Revenue Bond Initiative

Full text of Charter Change Proposed by Initiative:
AN ACT
BE IT ENACTED BY THE PEOPLE OF THE CITY OF PORTLAND
The City Charter of the City of Portland is amended by adding to Chapter 11, Article 1, Section 11-103, which shall read:
In order to provide funds for construction, reconstruction, replacement, extension, acquisition and maintenance of water plant and property, and the acquisition of water systems, the Council may issue bonds of the City in denominations and for terms the Council determines, in the same manner other bonds of the City are issued. These bonds shall be general obligations of the City, but primarily payable from water revenue. These bonds shall not be included within the debt limit elsewhere prescribed in this Charter, however, the Council will refer prospective water revenue bond measures to the electorate for a vote where the debt service on those bonds may increase annual water rates by more than three percent (3%) in any future year except where such bonds are necessary to repair damage caused by a catastrophic event. No bonds shall be issued under this section in any year which, with the net outstanding water bond indebtedness, would exceed the total original cost of existing plant and property of the water works and system.
 

City Elections Division

 

Office of the City Auditor

1221 SW 4th Avenue

Room 320

Portland, OR 97204-1987

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Hours: Monday - Friday,

8:00 a.m. - 5:00 p.m.
phone:  (503) 823-3546

fax: (503) 823-3530

 

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ORESTAR - Campaign Finance Public Search

(Oregon Secretary of State, Elections Division)

Table of Contents
Exhibit B, Resolution 36431
Exhibit A, Resolution 36431
Act, Resolution 36431
Resolution 36431
Revised Certification of Signature Verification Process for Petition ID PDX 4, "Repeals City of Portland publicly funded campaign system, prohibits expenditures."
Ballot title for Petition ID PDX 5
Petition Signers Report for Petition ID PDX4
Certification of Signature Verification Process for Petition ID PDX 4, "Repeals City of Portland publicly funded campaign system, prohibits expenditures,"
Petition No. 5 Prospective petition (including ordinance language)
Fact Sheet - Initiative ID No PDX 4
Ballot Title for Initiative Petition to Repeal Publicly Funded Campaign System
Ballot Title for Petition to Refer Ordinance 179406
Amended Ballot Title for 2006 Petition No. 2
Text of Proposed Charter Change 2006 Petition No. 2
Petitioner's Draft Ballot Title for 2006 Petition No. 1
Text of Proposed Charter Change 2006 Petition No. 1
Ballot Title for Charter Change - Candidates Receiving Majority Vote at Primary are Elected
Text of Charter Change - Candidates Receiving Majority Vote at Primary are Elected
Ballot Title for Petition to Establish Water Board (filed 12/08/03)
Text of Proposed Initiative to establish elected board to set water rates (filed 12/08/03)
Ballot Title for Petition to require Electoral vote for certain water system changes
Text of Petition to Require Electoral Vote before water system changed
Title for Water Revenue Bond Initiative
Text of Water Revenue Bond Initiative
Title for Water Board Initiative
Text of Water Board Initiative
Title for 1% Payroll Tax for Schools Petition
Text of 1% Payroll Tax for Schools Petition
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