Question 301 - Amendment to Article 15 of the Loveland City Charter to Require Voter Ratification of the Approval or Modification of Urban Renewal Plans by the City Council in Certain Circumstances.

Shall Article 15 of the Loveland City Charter be amended to add Section 15-9 to provide that any council action approving or modifying an urban renewal plan, pursuant to Urban Renewal Law of state statutes, must be subsequently ratified by the registered electors of the City if the approval or modification of the urban renewal plan authorizes the use for a change to area boundaries, eminent domain, condemnation, tax increment financing, revenue sharing, or cost sharing, and shall such amendment become effective immediately upon the date of approval by the City's voters?