Besides voting for President and other candidates on November 4, Austin voters are being asked to consider Proposition 2, the city charter amendment that would ban the city from offering developers tax abatement agreements and would undo a deal the city struck years ago.

It's a confusing issue for voters.

A barrage of television ads is hitting the airways, both for and against the charter amendment.

"Proponents of these propositions are trying to get you to vote on just the positive part and not telling you what the negative aspects are and that can be very misleading," said Kim Platt, Austin voter.

"I don't really know what it is," said Michael Cabral. "I have seen the signs posted here and there but it’s hard to understand."

Austin voter Rick Denson agreed. "What is Prop 2? I don't understand it. I've seen the signs but haven’t researched it yet," he said.

Proposition 2 forbids the city from offering tax incentives to developers and prevents the city from honoring its existing agreements to pay rebate sales taxes. It's sponsored by the Stop Domain Subsidies group and aimed at preventing economic development agreements like the one between the city and the developer of the Domain, an upscale shopping center in North Austin.

"Why break a commitment that the city judiciously negotiated five years ago," said Austin Mayor Will Wynn.

Wynn says if Proposition 2 passes, it would terminate existing legal agreements, resulting in lawsuits that could cost tax payers millions. And could have an effect on the city's bond rating.

"So people that hold bonds that say you’re going to be paid back by the city of Austin with retail sales tax would have to question that," he said.

But Brian Rogers of Stop the Domain Subsidies says that's just not true.

"The legal fees they say we’re going to suffer -- we have a compromise agreement that says the city can walk away at anytime with no recourse and no damages so the fact is there is no grounds for a law suite," Rogers said.

Expect the ads to continue until Election Day.