PART 2. A charter amendment election shall be held in the City of Austin on November 4, 2008, at which the ballot shall permit voting “For” or “Against” on the following proposition:
Proposition 2
Shall the City Charter be amended to prohibit the City from entering into future agreements to provide financial incentives in connection with the development or redevelopment of property that includes one or more retail uses, and to stop the City from providing financial incentives under certain existing agreements in connection with the development or redevelopment of property that includes one or more retail uses?