The March 15, 2016, Ballot Referendum Question read:
Shall Town of Longboat Key be authorized to issue revenue bonds/notes, in one or more series, not exceeding $23,850,000, bearing interest not exceeding maximum legal rates, maturing not later than 30 years, to finance remaining undergrounding of electrical utilities in certain neighborhoods including street lighting installation, and communications/fiber optics utilities in certain neighborhoods, payable solely from special assessments imposed against real property throughout the Town and other non-ad valorem revenues if necessary?
The votes are in and the referendum question was passed by the voters. There were 3,751 votes cast, with 2,061 in favor and 1,690 against the referendum.
See breakdown on attached.
Additionally, four Commission seats were scheduled for election. At the close of the November 16, 2015, qualifying period, each District had one qualifying candidate, as follows:
District At-Large: Irwin Pastor
District 1: Armando Linde
District 3: Terry Gans
District 5: Ed Zunz
These candidates will be sworn in at the Statutory Meeting on March 21, 2016, at 7:00 p.m. in the Town Commission Chamber.