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Proposition P <br />Proposition P ballot language shall read: <br />Shall Sec. 80 of the Charter be amended to provide that the City Council shall determine <br />the date that negotiable notes of the City shall mature and be payable? <br />If Proposition P is approved by the voters on November 8, 2022, Sec. 80 of the Charter will <br />thereafter read as follows: <br />Sec. 80.Borrowing in anticipation of other revenues. <br />In any fiscal year, in anticipation of the collection or receipt of other revenues of <br />that budget year, the council may by resolution authorize the borrowing of money <br />by the issuance of negotiable notes of the city, each of which shall be designated <br />“special revenue note for the year 20___” (stating the budget year). Such notes may <br />be renewed from time to time, but all such notes, together with the renewals, shall <br />mature and be payableon a dateto be determined by the council. <br />Proposition Q <br />Proposition Q ballot language shall read: <br />Shall Sec. 82 of the Charter be amendedto delete outdated language related to surety <br />bonds and to replace the same with up-to-date language for how surety coverage for <br />employees and the limits of liability shall be procured? <br />If Proposition Q is approved by the voters on November 8, 2022, Sec. 82 of the Charter will <br />thereafter read as follows: <br />Sec. 82.Surety bonds. <br />The City of Paris shall procure Public Employee Dishonesty surety coverage for all <br />City employees that handle City moneys and investments. Limits of liability will <br />be at least $250,000 for each wrongful occurrence. <br />Proposition R <br />Proposition R ballot language shall read: <br />Shall Sec. 83 of the Charter be deleted because it is outdated and ignores the existence of <br />the Lamar County Appraisal District? <br />8 <br /> <br /> <br />