Traverse City - Proposal 1
Proposal 1Shall the Charter of the City of Traverse City, Section 129, which currently provides that the principal of the Brown Bridge Trust Fund may only be used upon approval of the voters, be amended to allow the City Commission for a period of five years to place $3,000,000.00 of Brown Bridge Trust Fund principal in a separate trust fund for City park capital improvements and/or improvements that increase acccessibility to City parkland, and any of the three million dollars not contractually committed to a project within five years, shall be returned to the Brown Bridge Trust Fund?
