The Wording

N4VB, a Nebraska nonprofit corporation, and the City of Lincoln, Nebraska, propose to establish a volleyball sports complex economic development project by appropriating annually from state assistance received by the City pursuant to the Sports Arena Facility Financing Assistance Act for the purpose of funding a volleyball sports complex to be owned by N4VB, and related infrastructure improvements, which may include financing of the privately owned sports complex through the issuance of revenue bonds to be repaid
from such state assistance. 

Shall the City of Lincoln, Nebraska establish a volleyball sports
complex economic development project as described above by
appropriating annually from state assistance received by the City pursuant to the Sports Arena Facility Financing Assistance Act?

I vote FOR authorizing the City to establish a volleyball sports
complex economic development project and appropriate state
assistance to such project.

I vote AGAINST authorizing the City to establish a volleyball sports complex economic development project and appropriate state assistance to such project.

Electors voting in favor of the proposition shall blacken the oval
opposite the words “FOR” following such proposition, and electors voting against such proposition shall blacken the oval opposite the words “AGAINST” following the proposition.
If a majority of the votes cast upon such question shall be in favor, then the governing body of the City of Lincoln shall be empowered to establish and implement a sports complex economic development project and appropriate the state assistance upon the terms and conditions contained in the Sports Arena Facility Financing Assistance Act.

Our Explanation

Research in process.