This ballot language was provided by the City of North Port and only applies to voters in the City of North Port.
City of North Port Referendum Question 1 – Finance Price Boulevard Widening Project Through Issuance of Voter-Approved One-Cent Sales Tax Bonds
To finance the Price Boulevard widening project, shall the City of North Port be authorized to issue bonds in one or more series payable from one-cent sales tax proceeds in a total aggregate principal amount not to exceed eighty million dollars, maturing by December 31,
2039, bearing interest not exceeding the maximum lawful rate? Bonds are dependent on approval of one-cent sales tax renewal above.