North Port poised to put borrowing, debt to referendum

North Port commissioners unanimously approved of an ordinance on July 9 that would put a referendum about borrowing on the ballot during the Nov. 5 election.
North Port commissioners unanimously approved of an ordinance on July 9 that would put a referendum about borrowing on the ballot during the Nov. 5 election.
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  • Manatee-Sarasota
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Each time the city of North Port wants to borrow money or incur debt, voters must authorize it, based on the city charter. That could change in the event of an emergency or for projects less than $15 million, if voters give it the OK in November.

 

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