To amend the County Charter to provide (A) referendum on public local laws reallocating bond proceeds; and (B) authorization to issue bonds or other obligations by the County Council or the County official designated by the County Council for a term of forty (40) years from the date of issuance; and (C) borrowing authorization must be authorized by an existing State law or public local law passed by the County Council; and (D) Any notice of sale of bonds or other obligations to be sold by public auction at competitive bid may be published or disseminated by other methods approved by the County Council.