Shall the City Council of the City of Hercules be authorized to sell the Hercules Municipal Utility with the net proceeds designated for repayment of the Utility’s debt and other contractual obligations, and any remaining proceeds allocated to the City’s general fund?

To address Hercules’ Fiscal Emergency, stabilize city finances, offset budget shortfalls/the impact of State budget cuts on local services, prevent reductions to the number of police officers/crime investigators, protect/maintain crime prevention, childcare, youth sports and recreation programs and other general City services, shall the City of Hercules establish a ½ cent sales tax legally ending after 4 years, with Independent Citizens’ Oversight, Independent Audits and no money for Sacramento?