§ 7.05. When bond referendum not required; notice of issue.

No vote or approval of the qualified electors at an election shall be required for the issuance of any tax bonds hereunder if the initial resolution authorizing such tax bonds is adopted by two-thirds of the whole membership of the council, unless within twenty days after the date of the first publication of such initial resolution, with the notice set forth below, in a newspaper published and having general circulation in the area of the metropolitan government, a petition protesting the issuance of such tax bonds signed by at least six per centum of the qualified electors in the general services district in the case of general tax bonds, or in the urban services district in the case of urban tax bonds, is filed in the office of the metropolitan clerk. If a petition protesting the issuance of such tax bonds shall be filed as aforesaid within such twenty day period, then the tax bonds proposed by such initial resolution shall not be issued without the approval of a majority of the qualified electors residing in the general services district in the case of general tax bonds or in the urban services district in the case of urban tax bonds, who vote on a proposition for the issuance of such tax bonds at a regular or special election held in the manner prescribed herein. For the purposes of such election a qualified elector shall be any resident of the metropolitan government residing in the general services district in the case of general tax bonds or in the urban services district in the case of urban tax bonds, who was qualified to vote for members of the general assembly at the general election next preceding the filing of such petition or who is on the date of the filing of such petition then qualified to vote for the members of the general assembly. No qualified elector shall be permitted to withdraw his or her signature from such petition after signing the same. The notice to be published with said initial resolution shall be in substantially the following form:

NOTICE

The foregoing resolution has been adopted. Unless within twenty (20) days from the date of the first publication of this notice a petition signed by at least six . . . . . . . (6%) percent of the qualified electors residing in the Services District of the Metropolitan Government of Nashville and Davidson County shall have been filed with the Clerk of the Metropolitan Government protesting the issuance of the bonds authorized in such resolution, such bonds will be issued as proposed in said resolution.

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Clerk of the
Metropolitan Government

Notwithstanding any of the provisions of this article, the council may, if it desires, call an election as provided herein for the purpose of ascertaining the will of the qualified electors in the general services district or the urban services district, as the case may be, with respect to the issuance of any bonds, whether payable from ad valorem taxes or other taxes, or any other revenues, or a combination thereof.

(Amended by referendum election of November 6, 2018, Amdt. 6)