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Ordinance No. 1968 Page 2 of 3 1.22.030 Voluntary Campaign Expenditure Limitation. A. The voluntary expenditure limit for candidates for the office of council member or mayor in a general election, cumulated with the expenditures of such candidates' controlled committees, shall be One Dollar ($1.00) for each registered voter within the city, subject to adjustment as provided in subsection C, based on the number of registered voters in the city last reported by the county elections official to the Secretary of State on or about One Hundred and Fifty (150) days prior to the general election, for the election period. B. The voluntary expenditure limit for candidates for the office of council member or mayor in a special election, cumulated with the expenditures of such candidates' controlled committees, shall be One Dollar ($1.00) for each registered voter within the city, subject to adjustment as provided in subsection C, based on the number of registered voters in the city last reported by the county elections official to the Secretary of State on or about the date when the special election is called by the City Council, for the election period. C. In addition to the voluntary expenditure limit changing based upon the variation in the number of registered voters in the city, the One Dollar ($1.00) voluntary expenditure limit shall also be cumulatively adjusted based upon the Consumer Price Index. D. Each candidate for the office of council member or mayor may voluntarily pledge to adhere to the expenditure limitation set forth in this section by signing and submitting an original voluntary pledge, on the form provided by the City Clerk, simultaneously with the candidate filing nomination papers for office. 1.22.040 Verification of Compliance. Each candidate and candidate's controlled committee which has taken the voluntary expenditure limitation pledge set forth in Section 1.22.030 shall execute a verification, in a form provided by the City Clerk, stating that such candidate or candidate's committee did not make any cumulative expenditure in excess of the amount established by Section 1.22.030. Such verification shall be filed with the City Clerk along with each campaign statement required by Section 1.20.030 of this code. 1.22.050 Violation. Any violation of Chapter 1.22 shall not be subject to penalty or citation. Section 2. The adjustment to the voluntary expenditure limit provided in Subsection 1.22.030.C, above, shall be based on One Dollar ($1.00) per registered voter for the November 2008 general election, with cumulative adjustments thereafter based on the Consumer Price Index table for All Urban Users - U.S. City Average -All Items -Unadjusted percentage change, as published by the U. S. Department of Labor, utilizing November 2008 as the base; or the most similar consumer price index table if that table is no longer available. Section 3. A summary of this ordinance shall be published once within fifteen (15) days after its adoption in "The Valley Times," a newspaper of general circulation published in the City of Pleasanton, and the complete ordinance shall be posted for fifteen (15) days in the City Clerk's office within fifteen (15) days after its adoption.