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8 ORDINANCE NO. 1969 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PLEASANTON AMENDING CHAPTER 1.20 AND ADDING PROVISIONS TO CHAPTER 1.22 OF THE MUNICIPAL CODE REGARDING CAMPAIGN STATEMENTS, REQUIRING CUMULATION OF EXPENDITURES, AND ESTABLISHING TIME PERIOD FOR CUMULATION PURSUANT TO THE VOLUNTARY CAMPAIGN EXPENDITURE LIMIT WHEREAS, it is in the public interest for candidates and committees to disclose expenditures in a manner which is cumulative, so that the public can determine how much has been spent during an election period, particularly for those candidates which have pledged to adhere to the voluntary expenditure limit. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES HEREBY ORDAIN AS FOLLOWS: Section 1. Pleasanton Municipal Code section 1.20.030.A. Filing of verified campaign statements is amended to read as follows: A. Each candidate for City office and each committee shall file campaign statements. The contributions and expenditures listed therein shall be cumulative for each election. The due dates and the contribution and expenditure periods shall be as provided in article 2, chapter 4, title 9 of the Government Code, beginning with section 84200. In addition, a campaign statement shall be filed four (4) days prior to an election and shall report all contributions received and expenditures made seven (7) days prior to an election. Section 2. Section 1.22.020.8. is added to the Pleasanton Municipal Code, as follows: 1.22.020 Definitions. B. "Election period° means that period of time: 1. For general elections, from January 1st of the calendar year of the general election, until December 31st of the calendar year of the general election. 2. For special elections, from the date that the City Council calls for the special election, until sixty (60) days after the special election. Section 3. For the November 2008 general election, the election period during which expenditures shall be cumulated for candidates and candidates' controlled committees which have taken the voluntary expenditure pledge shall be from the effective date of this ordinance until December 31, 2008. Section 4. 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.