[R.O. 1996 § 100.090; CC 1968 § 2-3]
A. 
The City Council shall have power to borrow money and to issue bonds for the payment thereof, within the limit prescribed by the Constitution. But such bonds shall not be issued until the Constitutionally required percentage of voters have assented thereto.
B. 
For the purpose of testing the sense of the legal voters of the City upon a proposition to become indebted or to increase the debt of said City, as contemplated for improvements, the City Council shall order a special election.
[R.O. 1996 § 100.100; Ord. No. 2544, 2-21-1995]
Pursuant to Section 7.10 of the Home Rule Charter of the City of Blue Springs, the City desires to determine the method of sale for City bond issues as a competitive sale or a negotiated sale, whichever will best serve the interest of the City.