In Saturday’s Nfld News: Chamber board wants voter approval for Northfield Safety Center financing:
The Northfield Area Chamber of Commerce board believes voters should decide whether to use bonds to finance a new Safety Center. Failing to do so, says board President Rick Estenson, could completely derail the project, in the works for more than four years.
The board, according to Estenson, will submit a letter to the council Monday, detailing its concerns about the vote set for Tuesday night. If the council agrees to finance the project with Capital Improvement Bonds, voter approval isn’t required. The bonds do allow for taxpayers to weigh in however, by calling for a reverse referendum. A referendum could come if opponents of the proposed bond issue get 398 registered voters to sign a petition calling for a referendum.
See pages 155-184 of the Council packet for Tuesday’s Council meeting and public hearing:
Public Hearing on the Capital Improvement Plan (Bonds);
b. Consider Approval of a Resolution 2012-054 Giving Preliminary Approval for the Issuance of Capital Improvement Plan Bonds (not to exceed $7,280,000)