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Town of Yountville Aggregate Bond Limit, Measure M (November 2008)

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A Town of Yountville Aggregate Bond Limit, Measure M ballot question was on the November 4, 2008 ballot for voters in the Town of Yountville in Napa County, California, where it was approved.

Measure M prevents the town council from issuing bonds totaling more than $2 million in aggregate (added together) without the approval of the town's voters.

Election results

Measure M
Approveda Yes 716 58.45%
These final, certified, election results are from the Napa County elections office.

Ballot question

The question on the ballot:

This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.

Measure M: "If enacted, this ballot measure would prevent the Town Council’s issuance of revenue bonds in an outstanding aggregate amount greater than $2,000,000 without the approval of a majority of the Town voters. It would also limit the Town Council’s ability to issue revenue bonds without voter approval to cases where the Council issues them, by unanimous vote, in any amount, for buildings fixture or equipment deemed necessary to comply with an order of a state or federal authority, or where Council issues them, by majority vote, in response to a state of emergency. The measure states that all revenue bonds must be issued and sold in accordance with state or other laws."

Path to the ballot

Measure M was a citizen-initiated measure.

See also

External links

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