Mayor Michael Bloomberg’s campaign to run for a third term in office will be taken up by the City Council today.

His bid to change term limits, which would let him run for a third term without putting the issue before voters, has stirred debate around the city.

A proposal to change the term limits law and allow three consecutive four-year terms will be introduced in the council today, along with a competing bill aimed at thwarting Bloomberg’s effort. That measure would require a voter referendum on any term limit change.

Voters have twice endorsed the current two-term limit for city elected officials. Bloomberg’s second term is up next year.

The council will not vote on the issue today. That may not happen until Oct. 23. Each proposal would have to go through hearings and a committee first.

(Source: WNBC)