Proposition 452 - Amending Article VI, Section 6.06 of the Holbrook City Charter relating to voter approval of certain public expenditures.

The charter amendment increases, from $500,000.00 to $1,000,000.00, the amount the City may expend in the form of direct expenditures, tax concessions, or debt without voter approval, and the value of city-owned land the City may grant or exchange, to construct or aid in the construction of certain facilities. A "yes" vote shall have the effect of increasing, from $500,000.00 to $1,000,000.00, the amount the City may expend without voter approval, directly or through land exchanges, to construct or aid in the construction of any amphitheater, sports complex, cultural or entertainment facility, arena, stadium, convention facility, or multi-purpose facility. A "no" vote shall have the effect of retaining the existing $500,000.00 limit in the charter.