Albany City Credit Debt Limitation Amendment Measure (March 2013)

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An Albany City Credit Debt Limitation Amendment measure was on the March 12, 2013 election ballot for voters in the city of Albany in Benton and Linn Counties, which are in Oregon. This measure received a majority approval rate from voters who actually voted, but was rejected by the city council because it did not receive approval from a majority of all registered city voters, as the law requires.[1]

This measure would have limited the authorized debt of the city to a fixed amount lower than the state imposed restrictions and also added restrictions on the approval of new debt. This measure was initiated by a citizen petition.[2]

Election results

Benton County

Albany City Prop. 117
ResultVotesPercentage
Approveda Yes 1,074 52.03%
No99047.97%

Election results from Benton County March 12, 2013 election results.

Linn County

Albany City Prop. 117
ResultVotesPercentage
Approveda Yes 3,987 55.20%
No3,20144.32%

Election results from Linn County March 12, 2013 election results.

Text of measure

Ballot question:

Shall the Albany City Charter be amended to further limit City Debt?[3]

Summary of question:

The current City Charter provides that except by the consent of the voters, the City's voluntary floating indebtedness shall conform to state law. This citizen proposed initiative measure seeks to amend the City Charter to restrict the total debt of the City to the total debt which the City had as of February 28, 2012. Approval of the measure restricts the City's indebtedness to an amount less than allowed under state law. Under the proposed measure, no new debt or debt extensions would be allowed without the approval of a majority of electors in a primary, special or general elections. The measure also provides that no debt shall exceed levels which are under state law.[2][3]

See also

External links

References

  1. Hasso Hering, "Albany briefing: Voting on Measure 22-119"
  2. 2.0 2.1 City of Albany Election Notice, March 12, 2013
  3. 3.0 3.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.