Ballot Initiative Would Limit City’s Ability to Borrow

Tue, Mar 31 2009 — Source: Ann Arbor News

Activists in Ann Arbor, MI have began collecting the 5,250 signatures needed to qualify a city charter amendment that would require the city to put borrowing decisions to the voters. The initiative stems from a funding battle over a $47 million police-court complex currently under construction. Proponents say that the measure would only apply to borrowing that is to be paid back by city taxes.

Read the story from the Ann Arbor News on MLive