Biscayne Bay Clean Water, Parks and Recreation Bond Referendum

To preserve the water quality of Biscayne Bay, protect open space from development and create and improve parks and recreational opportunities, shall the City of North Bay Village be authorized to issue a maximum $9,400,000 in general obligation bonds, such bonds bearing interest not exceeding maximum legal rate, maturing no later than 30 years, and being payable from ad valorem taxes levied on all taxable property in the City, with citizen oversight.