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Home My WebLink About20002945.tiff riLD COl ri I . McGEADY SISNEROS, P.C. ATTORNEYS AT LAW 2100 ` -)1675 BROADWAY,SUITE DENVER,COLORADO 80202 271 !TN 22 AM"': 23 TELEPHONE(303)592-4380 Fi'TELECOPIER(303)592-4385 Cau.sEL E n u 5a MARYANN M. MCGEADY ��t- , [�.in� DARLENE SISNEROS KENNETH M. KOPROWICZ MARY Jo DOUGHERTY RITA M.CONNERLY JACQUELINE CICCIO November 21, 2000 CERTIFIED MAIL -RETURN RECEIPT REQUESTED Board of County Commissioners Weld County 1402 N. 17th Avenue P. O. Box 459 Greeley, CO 80632 Re: Vista Ridge Metropolitan District Dear Sir or Madam: Enclosed is a copy of the Board of Canvassers Certificate of Election Results for the Organizational Election held Tuesday,November 7, 2000, for the captioned District. If you have any questions or concerns regarding this matter,please feel free to contact me. Very truly yours, McGEADY SISNEROS, P.C. Ann E. Finn Legal Assistant aef Enclosure W:\Clients\507 Vista Ridge\Election\Lir Bd CB/Comm Cert Election.wpd C 2000-2945 I ll o7/Cr) BOARD OF CANVASSERS CERTIFICATE OF ELECTION RESULTS FOR THE ORGANIZATIONAL ELECTION HELD TUESDAY, NOVEMBER 7, 2000 Vista Ridge Metropolitan District,Weld County,Colorado Each of the undersigned members of the Board of Canvassers of the Vista Ridge Metropolitan District certifies that the following is a true and correct statement of the results of the Mail Ballot Election for the above-named District,at which time the eligible electors of the District voted as indicated on the attached Judges'Certificate of Election Returns,and as a result of which the eligible electors elected to office the following Directors: for Against Ballot Question No.500: Ballot Question No.501: Address Term James Suehalski 6312 S. Fiddlers Green Circle,Suite 340E May, 2002 Englewood,CO 80111 Lisa Jacoby 6312 S.Fiddlers Green Circle, Suite 340E May,2002 Englewood,CO 80111 Andrew L. Chaikovsky 6312 S. Fiddlers Green Circle, Suite 340E May,2004 Englewood,CO 80111 Barry L.Talley 16 Driver Lane May,2004 Littleton,CO 80123 Englewood,CO 80111 Gregory Kent 280 Adams Street May,2004 Denver,CO 80206 For A ainst Ballot Issue 5A: Ci Ballot Issue 5B: Q 2 Ballot Issue 5C: 9 Ballot Issue 5D: 9 -2 Ballot Issue 5E: Ballot Issue 5F: Ballot Issue 5G: o7 Ballot Issue 5H: 1 —? Ballot Issue 5I: Ballot Issue 5J: 1 Q • (Signed) MarvAnn M. McGeady Design ectio,ial Contact Person for District 1675 Broadway, Suite 2100 (Sign.. Denver,CO 80202 Canvas : 303-592-4380 (Signed) Canvasser Prepare and deliver a Certificate of Election to those candidates receiving the highest number of votes. Deposit one copy with the Clerk and Recorder of each county in which the special district is located. This must be available for public inspection in the office of the Designated Election Official. Send one copy to: Division of Local Government 1313 Sherman Street,Room 521 Denver,CO 80203 Provide a list of all current directors to the division including addresses, within 45 days after the election. DISTRICT COUNTY, WELD COUNTY, COLORADO Civil Action No. 00CV301 JUDGES' CERTIFICATE OF ELECTION RETURNS IN RE THE VISTA RIDGE METROPOLITAN DISTRICT, WELD COUNTY, COLORADO It is hereby certified by the undersigned who conducted the election held in the Vista Ridge Metropolitan District on Tuesday, the 7th day of November, 2000, that, after qualifying by subscribing and swearing to their oaths of office, they opened the polls at 1675 Broadway, Suite 2100,in Denver,Colorado,on said date, at the hour of 7:00 o'clock a.m. and kept said polls open continuously until the hour of 7:00 o'clock p.m. after which time they counted the ballots cast at the polling place, mail ballots and absentee ballots on the questions of the organization of the proposed District, electing a board of directors and issuing general obligation bonds or creating other general obligation indebtedness or any question or questions necessary to implement the provisions of Section 20 of Article X of the Colorado Constitution as applied to the proposed District. The votes cast for and against each ballot question submitted were as follows: Ballot Question No.500: For C) Against 02 Ballot Question No. 501: James Spehalski No. of Votes cl Lisa Jacoby No. of Votes q Andrew L. Chaikovsky No. of Votes q Barry L. Talley No. of Votes cl Gregory Kent No. of Votes Q The votes cast for and against each ballot issue submitted were as follows: Ballot Issue 5A For c1 Against --• Ballot Issue 5B For al Against 4.2 Ballot Issue 5C For 9 Against .2 Ballot Issue 5D For 9 Against Ballot Issue 5E For I Against a Ballot Issue 5F For °I Against .2 Ballot Issue 5G For Against 2 Ballot Issue 5H For 9 Against 2 Ballot Issue 5I For 9 Against Ballot Issue 5J For 1 Against 2 The whole number of votes cast at said election was 15 The number of excess ballots (i.e.,the number of ballots in the ballot box which exceeds the number of names in the poll book) at said election was O The number of unused ballots at said election was geb 4.2 The number of spoiled ballots at said election was O The number of defective ballots at said election was 0 That all of said ballots were cast at said election by those electors of the proposed District who were registered to vote pursuant to the "Uniform Election Code of 1992", Articles 1 to 13 of Title 1, C.R.S., and who either had been a resident of the proposed District for not less than thirty days, or who or whose spouse own taxable real or personal property situated within the boundaries of the proposed District,whether said person resides within the proposed District or not,and that no person possessing proper qualifications was refused the privilege of voting at said election. IN WITNESS WHEREOF, we have hereunto set our hands this 7th day of November, 2000. Q J4 ^trQ i V Judges of lection No. No. OFFICIAL BALLOT FOR VISTA RIDGE METROPOLITAN DISTRICT NOVEMBER 7, 2000 Facsimile Signature of Designated Election I 'r:.'al WARNI „ ,,, 14, .. Any person who,by use of force or other means,unduly influences an a •to in any To ular manner• frain • voting,or who falsely makes,altars,forges,or counterfeits any math 17 or + Aa has •" tzny'� t,or who des ' mutilates,or tampers with a ballot is subject,upon conviction,to imp ent,or t fin h. ," E75 107(3) )'CRS � 1%.6 9 s 'as N. :r X141 This may notb our only ballot Other ecl.ions may be held Sptherpoldtat subdivisions by ma*hypo gpla . Refer to the ballot: instructions r,,*-' leta information on v1$Igg Review your ballot.'Be sure you have voted on everypffic 1., iss�'-. For each ballot + 'lace a crossmaRrk (X) on the appropriate line directly foliow g the ballot question. BALLOT QUE ON 500 s, , SHALL VISTA RIDGE METROPOLITAN DISTRICT BE ORGANIZED? 1 t 4 YES §n n�I �w.)e, , NC) To vote,place crossmark(X)at the right of the name of each candidate. For write-in candidates,print name onblank line and then place crossmark (X) at the right of that name. BALLOT QUESTION 501 VOTE FOR NOT MORE THAN TWO DIRECTORS TO SERVE UNTIL THE NEXT REGULAR ELECTION: VOTE FOR NOT MORE THAN THREE DIRECTORS TO SERVE UNTIL THE SECOND REGULAR ELECTION: BALLOT ISSUE 5A: SHALL VISTA RIDGE METROPOLITAN DISTRICT TAXES BE INCREASED $4,000,000 ANNUALLY (SUCH TAX INCREASE OF $4,000,000 TO BE COLLECTED NOTWITHSTANDING ANY PROPERTY TAX CUT SPECIFIED BY ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, AS IT CURRENTLY EXISTS OR IS HEREAFTER AMENDED, OR ANY OTHER CONSTITUTIONALLY IMPOSED TAX CUTS), OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE DISTRICT'S OPERATIONS, MAINTENANCE, AND OTHER EXPENSES; SUCH TAXES TO CONSIST OF AN AD VALOREM MILL LEVY IMPOSED WITHOUT LIMITATION AS TO RATE; AND SHALL THE PROCEEDS OF SUCH TAXES AND INVESTMENT INCOME THEREON CONSTITUTE VOTER-APPROVED REVENUE CHANGES AND BE COLLECTED AND SPENT BY THE DISTRICT EACH YEAR WITHOUT REGARD TO ANY SPENDING, REVENUE-RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, OR WITHOUT REGARD TO THE 5.5% PROPERTY TAX REVENUE LIMITATION OF SECTION 29-1-301, COLORADO REVISED STATUTES OR. ANY OTHER LAW? YES NO BALLOT ISSUE 5B: SHALL VISTA RIDGE METROPOLITAN DISTRICT DEBT BE INCREASED $16,515,000 WITH A REPAYMENT COST OF $95,291,550 AND SHALL DISTRICT TAXES BE INCREASED $2,382,289 ANNUALLY (SUCH TAX INCREASE OF $2,382,289 TO BE COLLECTED NOTWITHSTANDING ANY PROPERTY TAX CUT SPECIFIED BY ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, AS IT CURRENTLY EXISTS OR IS HEREAFTER AMENDED, OR ANY OTHER CONSTITUTIONALLY IMPOSED TAX CUTS), FOR THE PURPOSE OF FINANCING STREET IMPROVEMENTS FOR THE DISTRICT INCLUDING, BUT NOT LIMITED TO, THE ACQUISITION, CONSTRUCTION, INSTALLATION, AND COMPLETION OF A SYSTEM OF STREET IMPROVEMENTS AND DRAINAGE FACILITIES WHICH MAY INCLUDE ARTERIAL, COLLECTOR, AND LOCAL ROADS, CURBS, GUTTERS, CULVERTS, DRAINAGE FACILITIES, SIDEWALKS, BRIDGES, OVERPASSES, BIKE PATHS, AND PEDESTRIAN WAYS, MEDIAN ISLANDS, PAVING, LIGHTING, GRADING, IRRIGATION, LANDSCAPING, STREETSCAPE AND ENTRY WAYS, PARKING LOTS AND STRUCTURES AND TRAFFIC AND SAFETY CONTROLS AND DEVICES ON STREETS AND HIGHWAYS WHICH MAY INCLUDE SIGNALIZATION, SIGNING, AND STRIPING, AND ALL OTHER NECESSARY, INCIDENTAL, APPURTENANT, AND CONVENIENT FACILITIES AND EQUIPMENT, LAND AND PROPERTY RIGHTS, TOGETHER WITH EXTENSIONS OF AND IMPROVEMENTS TO SUCH SYSTEM, WITHIN AND WITHOUT THE BOUNDARIES OF THE DISTRICT OR TO REFUND (AT A LOWER OR HIGHER INTEREST RATE) DEBT ISSUED FOR SUCH PURPOSES; AND SHALL THE MILL LEVY BE INCREASED IN ANY YEAR WITHOUT LIMITATION AS TO RATE BUT ONLY 1N AN AMOUNT SUFFICIENT TO PAY THE PRINCIPAL OF AND PREMIUM, IF ANY, AND INTEREST ON SUCH DEBT OR ANY REFUNDING DEBT WHEN DUE OR TO CREATE A RESERVE FOR SUCH PAYMENT; SUCH DEBT TO BE EVIDENCED BY BONDS, NOTES, CONTRACTS, LOAN AGREEMENTS OR OTHER FORMS OF INDEBTEDNESS BEARING INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 12%; SUCH DEBT TO BE SOLD IN ONE SERIES OR MORE, ON TERMS AND CONDITIONS AS THE BOARD OF DIRECTORS OF THE DISTRICT MAY DETERMINE, INCLUDING PROVISIONS FOR SALE OF THE BONDS AT PRICE ABOVE OR BELOW PAR AND FOR REDEMPTION OR PREPAYMENT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF THE PREMIUM; AND SHALL THE EARNINGS FROM THE INVESTMENT OF THE PROCEEDS OF SUCH DEBT AND TAX REVENUES BE COLLECTED AND SPENT WITHOUT LIMITATION OR CONDITION, AS A VOTER- APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? YES NO BALLOT ISSUE 5C: SHALL VISTA RIDGE METROPOLITAN DISTRICT DEBT BE INCREASED $4,185,000 WITH A REPAYMENT COST OF $24,147,450 AND SHALL DISTRICT TAXES BE INCREASED $603,686 ANNUALLY (SUCH TAX INCREASE OF $603,686 TO BE COLLECTED NOTWITHSTANDING ANY PROPERTY TAX CUT SPECIFIED BY ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, AS IT CURRENTLY EXISTS OR IS HEREAFTER AMENDED, OR ANY OTHER CONSTITUTIONALLY IMPOSED TAX CUTS) FOR THE PURPOSE OF FINANCING PARK AND RECREATION IMPROVEMENTS FOR THE DISTRICT INCLUDING, BUT NOT LIMITED TO, THE ACQUISITION, CONSTRUCTION, INSTALLATION AND COMPLETION OF BIKE PATHS, EQUINE AND PEDESTRIAN TRAILS, TOT LOTS, OPEN SPACE, LANDSCAPING, COMMUNITY PARKS, NEIGHBORHOOD PARKS, CULTURAL ACTIVITIES, COMMUNITY RECREATION CENTERS, WATER BODIES, IRRIGATION FACILITIES, AND OTHER ACTIVE AND PASSIVE RECREATION FACILITIES AND PROGRAMS, AND ALL OTHER NECESSARY, INCIDENTAL, APPURTENANT, AND CONVENIENT FACILITIES AND EQUIPMENT, LAND AND PROPERTY RIGHTS, TOGETHER WITH EXTENSIONS OF AND IMPROVEMENTS TO SUCH FACILITIES, WI THIN AND WITHOUT THE BOUNDARIES OF THE DISTRICT; OR TO REFUND(AT A LOWER OR HIGHER INTEREST RATE) DEBT ISSUED FOR SUCH PURPOSES; AND SHALL THE MILL LEVY BE INCREASED IN ANY YEAR WITHOUT LIMITATION AS TO RATE BUT.ONLY IN AN AMOUNT SUFFICIENT TO PAY THE PRINCIPAL OF AND PREMIUM, IF ANY, AND INTEREST ON SUCH DEBT OR ANY REFUNDING DEBT WHEN DUE OR TO CREATE A RESERVE FOR SUCH PAYMENT; SUCH DEBT TO BE EVIDENCED BY BONDS, NOTES, CONTRACTS, LOAN AGREEMENTS OR OTHER FORMS OF INDEBTEDNESS BEARING INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 12%; SUCH DEBT TO BE SOLD IN ONE SERIES OR MORE, ON TERMS AND CONDITIONS AS THE BOARD OF DIRECTORS OF THE DISTRICT MAY DETERMINE, INCLUDING PROVISIONS FOR SALE OF THE BONDS AT PRICE ABOVE OR BELOW PAR AND FOR REDEMPTION OR PREPAYMENT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF THE PREMIUM; AND SHALL THE EARNINGS FROM THE INVESTMENT OF THE PROCEEDS OF SUCH DEBT AND TAX REVENUES BE COLLECTED AND SPENT WITHOUT LIMITATION OR CONDITION, AS A VOTER-APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? YES NO BALLOT ISSUE 5D: SHALL VISTA RIDGE METROPOLITAN DISTRICT DEBT BE INCREASED $4,345,000 WITH A REPAYMENT COST OF $25,589,950 AND SHALL DISTRICT TAXES BE INCREASED $639,749 ANNUALLY (SUCH TAX INCREASE OF $639,749 TO BE COLLECTED NOTWITHSTANDING ANY PROPERTY TAX CUT SPECIFIED BY ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, AS IT CURRENTLY EXISTS OR IS HEREAFTER AMENDED, OR ANY OTHER CONSTITUTIONALLY IMPOSED TAX CUTS) FOR THE PURPOSE OF FINANCING SANITARY SEWER IMPROVEMENTS FOR THE DISTRICT INCLUDING, BUT NOT LIMITED TO, THE ACQUISITION, CONSTRUCTION, INSTALLATION, AND COMPLETION OF A LOCAL SANITARY SEWAGE TREATMENT, COLLECTION AND TRANSMISSION SYSTEM WHICH MAY INCLUDE TREATMENT FACILITIES, LIFT STATIONS, FORCE MANS, COLLECTION MAINS AND LATERALS, TRANSMISSION LINES, AND STORM SEWER, FLOOD, AND SURFACE DRAINAGE FACILITIES, DETENTION OR RETENTION PONDS, AND ASSOCIATED IRRIGATION FACILITIES, AND ALL OTHER NECESSARY, INCIDENTAL, APPURTENANT, AND CONVENIENT FACILITIES AND EQUIPMENT, LAND AND PROPERTY RIGHTS, TOGETHER WITH EXTENSIONS OF AND IMPROVEMENTS TO SUCH SYSTEM, WITHIN AND WITHOUT THE BOUNDARIES OF THE DISTRICT OR TO REFUND(AT A LOWER OR HIGHER INTEREST RATE) DEBT ISSUED FOR SUCH PURPOSES; AND SHALL THE MILL LEVY BE INCREASED IN ANY YEAR WITHOUT LIMITATION AS TO RATE BUT ONLY IN AN AMOUNT SUFFICIENT TO PAY THE PRINCIPAL OF AND PREMIUM, IF ANY, AND INTEREST ON SUCH DEBT OR ANY REFUNDING DEBT WHEN DUE OR TO CREATE A RESERVE FOR SUCH PAYMENT; SUCH DEBT TO BE EVIDENCED BY BONDS, NOTES, CONTRACTS, LOAN AGREEMENTS OR OTHER FORMS OF INDEBTEDNESS BEARING INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 12%; SUCH DEBT TO BE SOLD IN ONE SERIES OR MORE, ON TERMS AND CONDITIONS AS THE BOARD OF DIRECTORS OF THE DISTRICT MAY DETERMINE, INCLUDING PROVISIONS FOR SALE OF THE BONDS AT PRICE ABOVE OR BELOW PAR AND FOR REDEMPTION OR PREPAYMENT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF THE PREMIUM; AND SHALL THE EARNINGS FROM THE INVESTMENT OF THE PROCEEDS OF SUCH DEBT AND TAX REVENUES BE COLLECTED AND SPENT WITHOUT LIMITATION OR CONDITION, AS A VOTER-APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? YES NO BALLOT ISSUE 5E: SHALL VISTA RIDGE METROPOLITAN DISTRICT DEBT BE INCREASED $3,835,000 WITH A REPAYMENT COST OF $22,127,950 AND SHALL DISTRICT TAXES BE INCREASED $553,199 ANNUALLY (SUCH TAX INCREASE OF $553,199 TO BE COLLECTED NOTWITHSTANDING ANY PROPERTY TAX CUT SPECIFIED BY ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, AS IT CURRENTLY EXISTS OR IS HEREAFTER AMENDED, OR ANY OTHER CONSTITUTIONALLY IMPOSED TAX CUTS) FOR THE PURPOSE OF FINANCING WATER IMPROVEMENTS FOR THE DISTRICT NCLUDNG BUT NOT LIMITED TO, THE ACQUISITION, CONSTRUCTION, NSTALLATION, AND COMPLETION OF A COMPLETE POTABLE ANI) NONPOTABLE LOCAL WATER TREATMENT, SUPPLY, STORAGE, TRANSMISSION, AND DISTRIBUTION SYSTEM WHICH MAY INCLUDE TREATMENT FACILITIES, WELLS, WATER RIGHTS, TRANSMISSION LINES, DISTRIBUTION MAINS AND LATERALS, IRRIGATION FACILITIES, PUMPING FACILITIES, RESERVOIRS ANI) OTHER STORAGE FACILITIES, AND ALL OTHER NECESSARY, INCIDENTAL, APPURTENANT, AND CONVENIENT FACILITIES AND EQUIPMENT, LAND AND PROPERTY RIGHTS, TOGETHER WITH EXTENSIONS OF AND IMPROVEMENTS TO SUCH SYSTEM, WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT; OR TO REFUND (AT A LOWER OR HIGHER NTEREST RATE) DEBT ISSUED FOR SUCH PURPOSES; AND SHALL THE MILL LEVY BE INCREASED IN ANY YEAR WITHOUT LIMITATION AS TO RATE BUT ONLY IN AN AMOUNT SUFFICIENT TO PAY THE PRINCIPAL OF AND PREMIUM, IF ANY, AND INTEREST ON SUCH DEBT OR ANY REFUNDING DEBT WHEN DUE OR TO CREATE A RESERVE FOR SUCH PAYMENT; SUCH DEBT TO BE EVIDENCED BY BONDS, NOTES, CONTRACTS, LOAN AGREEMENTS OR OTHER FORMS OF INDEBTEDNESS BEARING INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 12%; SUCH DEBT TO BE SOLD IN ONE SERIES OR MORE, ON TERMS AND CONDITIONS AS THE BOARD OF DIRECTORS OF THE DISTRICT MAY DETERMINE, NCLUDNG PROVISIONS FOR SALE OF THE BONDS AT PRICE ABOVE OR BELOW PAR AND FOR REDEMPTION OR PREPAYMENT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF THE PREMIUM; AND SHALL THE EARNINGS FROM THE INVESTMENT OF THE PROCEEDS OF SUCH DEBT AND TAX REVENUES BE COLLECTED AND SPENT WITHOUT LIMITATION OR CONDITION, AS A VOTER-APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? YES NO BALLOT ISSUE 5F: SHALL VISTA RIDGE METROPOLITAN DISTRICT DEBT BE INCREASED $35,015,000, WITH A REPAYMENT COST OF $202,036,550 AND SHALL DISTRICT TAXES BE INCREASED $5,050,914 ANNUALLY (SUCH TAX INCREASE OF $5,050,914 TO BE COLLECTED NOTWITHSTANDING ANY PROPERTY TAX CUT SPECIFIED BY ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, AS IT CURRENTLY EXISTS OR IS HEREAFTER AMENDED, OR ANY OTHER CONSTITUTIONALLY IMPOSED TAX CUTS) FOR THE PURPOSE OF REFUNDING, PAYING, OR DEFEASING, IN WHOLE OR IN PART, BONDS, NOTES, CONTRACTS OR OTHER FINANCIAL OBLIGATIONS OF THE DISTRICT; AND SHALL THE MILL LEVY BE INCREASED N ANY YEAR WITHOUT LIMITATION AS TO RATE BUT ONLY IN AN AMOUNT SUFFICIENT TO PAY THE PRINCIPAL OF AND PREMIUM, IF ANY, AND INTEREST ON SUCH DEBT OR ANY REFUNDING DEBT WHEN DUE OR TO CREATE A RESERVE FOR SUCH PAYMENT; SUCH DEBT TO BE EVIDENCED BY BONDS, NOTES, CONTRACTS, LOAN AGREEMENTS OR OTHER FORMS OF INDEBTEDNESS BEARING INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 12%; SUCH DEBT TO BE SOLD IN ONE SERIES OR MORE, ON TERMS AND CONDITIONS AS THE BOARD OF DIRECTORS OF THE DISTRICT MAY DETERMINE, NCLUDING PROVISIONS FOR SALE OF THE BONDS AT PRICE ABOVE OR BELOW PAR AND FOR REDEMPTION OR PREPAYMENT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF THE PREMIUM; AND SHALL THE EARNINGS FROM THE INVESTMENT OF THE PROCEEDS OF SUCH DEBT AND TAX REVENUES BE COLLECTED AND SPENT WITHOUT LIMITATION OR CONDITION, AS A VOTER- APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? YES NO--- BALLOT ISSUE 5G: SHALL VISTA RIDGE METROPOLITAN DISTRICT DEBT BE INCREASED $2,695,000, WITH A REPAYMENT COST OF $15,550,150 AND SHALL DISTRICT TAXES BE INCREASED $388,754 ANNUALLY (SUCH TAX INCREASE OF $388,754 TO BE COLLECTED NOTWITHSTANDING ANY PROPERTY TAX CUT SPECIFIED BY ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, AS IT CURRENTLY EXISTS OR IS HEREAFTER AMENDED, OR ANY OTHER CONSTITUTIONALLY IMPOSED TAX CUTS) FOR THE PURPOSE OF FINANCING ANNUAL OPERATIONS AND MAINTENANCE EXPENSES OF THE DISTRICT OR TO REFUND DEBT ISSUED FOR SUCH PURPOSE; AND SHALL THE MILL LEVY BE INCREASED IN ANY YEAR WITHOUT LIMITATION AS TO RATE BUT ONLY IN AN AMOUNT SUFFICIENT TO PAY THE PRINCIPAL OF AND PREMIUM, IF ANY, AND INTEREST ON SUCH DEBT OR ANY REFUNDING DEBT WHEN DUE OR TO CREATE A RESERVE FOR SUCH PURPOSE; SUCH DEBT TO BE EVIDENCED BY BONDS, NOTES, CONTRACTS, LOAN AGREEMENTS OR OTHER FORMS OF INDEBTEDNESS BEARING INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 12%; SUCH DEBT TO BE SOLD IN ONE SERIES OR MORE, ON TERMS AND CONDITIONS AS THE BOARD OF DIRECTORS OF THE DISTRICT MAY DETERMINE, INCLUDING PROVISIONS FOR SALE OF THE BONDS AT PRICE ABOVE OR BELOW PAR AND FOR REDEMPTION OR PREPAYMENT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF THE PREMIUM; AND SHALL THE EARNINGS FROM THE INVESTMENT OF THE PROCEEDS OF SUCH DEBT AND TAX REVENUES BE COLLECTED AND SPENT WITHOUT LIMITATION OR CONDITION, AS A VOTER-APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? YES -- NO BALLOT ISSUE 5H: SHALL VISTA RIDGE METROPOLITAN DISTRICT DEBT BE INCREASED $35,015,000, WITH A REPAYMENT COST OF NOT TO EXCEED $202,036,550; AND SHALL VISTA RIDGE METROPOLITAN DISTRICT TAXES BE INCREASED $5,050,914 ANNUALLY (SUCH TAX INCREASE OF $5,050,914 TO BE COLLECTED NOTWITHSTANDING ANY PROPERTY TAX CUT SPECIFIED BY ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, AS IT CURRENTLY EXISTS OR IS HEREAFTER AMENDED, OR ANY OTHER CONSTITUTIONALLY IMPOSED TAX CUTS), OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PROVIDE FOR THE PAYMENT OF SUCH DISTRICT DEBT; SUCH DEBT TO CONSIST OF A CONTRACT WITH ONE OR MORE OTHER POLITICAL SUBDIVISIONS OF THE STATE, WHICH CONTRACT WILL CONSTITUTE A MULTIPLE FISCAL YEAR FINANCIAL OBLIGATION AND WHICH WILL OBLIGATE THE DISTRICT TO PAY THE COSTS OF ACQUIRING, CONSTRUCTING, OR OTHERWISE PROVIDING, AND THE COSTS OF OPERATING AND MAINTAINING, CERTAIN WATER, STREET, TRAFFIC SAFETY, PARK AND RECREATION, AND SANITATION FACILITIES AND IMPROVEMENTS, ALL AS MAY BE PROVIDED IN SUCH CONTRACT; SUCH DEBT BEARING INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 12%; SUCH TAXES TO CONSIST OF AN AD VALOREM MILL LEVY IMPOSED WITHOUT LIMITATION OF RATE AND IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET FORTH ABOVE OR SUCH LESSER AMOUNT AS MAY BE NECESSARY, OR TO BE IMPOSED WITH SUCH LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT, TO BE USED SOLELY FOR THE PURPOSE OF PAYING THE FINANCIAL OBLIGATIONS INCURRED PURSUANT TO THE CONTRACT; AND SHALL ANY PROCEEDS OF SUCH CONTRACT AND THE PROCEEDS OF SUCH TAXES, AND INVESTMENT INCOME THEREON, CONSTITUTE VOTER-APPROVED REVENUE CHANGES AND BE COLLECTED AND SPENT BY THE DISTRICT WITHOUT REGARD TO ANY EXPENDITURE, REVENUE-RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? YES NO BALLOT ISSUE 5I: SHALL VISTA RIDGE METROPOLITAN DISTRICT BE AUTHORIZED TO COLLECT AND EXPEND EACH YEAR ALL REVENUES IT RECEIVES AS A VOTER-APPROVED REVENUE CHANGE AND WITHOUT REGARD TO ANY SPENDING, REVENUE- RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? YES NO BALLOT QUESTION 5J: SHALL THE PRESENT AND FUTURE DIRECTORS OF VISTA RIDGE METROPOLITAN DISTRICT BE AUTHORIZED TO SERVE MORE THAN TWO CONSECUTIVE TERMS OF OFFICE NOTWITHSTANDING THE LIMITATION ON TERMS OF OFFICE PROVIDED FOR BY ARTICLE XVIII, SECTION 11 OF THE COLORADO CONSTITUTION? YES NO W:\Clients\507 Vista Ridge\Election\Ballotl l-00.wpd Hello