Shall an ordinance be adopted requiring voter approval before the Town of Apple Valley can issue public debt of more than $10,000,000 to pay for acquiring, improving, or financing a project, such as the acquisition of the Town's water system, which is currently owned by a private company, when the debt is to be repaid by feed collected by the Town and not from the Town's taxpayer revenues?

Shall an ordinance be adopted authorizing the Town of Apple Valley to finance the acquisition of the Liberty Utilities water system and to acquire, improve, or finance other projects, by issuing public debt in excess of $5,000,000, if the Town obtains voter approval or the Town Council holds a public hearing, certifies that the revenues from the project will cover debt payments, prohibits the use of taxpayer revenues to repay the debt, and conducts an annual independent audit?