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Home My WebLink About993028.tiff COLLINS AND COCKREL, P.C. PAUL R.COCKREL TELEPHONE ATTORNEYS AT LAW JAMES P.COLLINS 303-986-1551 390 UNION BOULEVARD,SUITE 400 ROBERT G.COLE DENVER,COLORADO 80228-1556 PAULC RUFIEN WATS TIMOTHY J.FLYNN 800-354-5941 DEREK G.PASSARELLI TELEFAX 303-986-1755 December 15 , 1999 E-MAIL CandC PC@aolcom CERTIFIED MAIL - - RETURN RECEIPT REQUESTED Board of County Commissioners Weld County 915 10th Street Greeley, Colorado 80632 Division of Securities Department of Regulatory Agencies State of Colorado 1580 Lincoln Street, Suite 420 Denver, Colorado 80203 Re : Beebe Draw Farms Metropolitan District No . 2 November 2 , 1999 Election Dear Sir or Madam: Pursuant to statutory requirements, enclosed is the Canvass Board' s Certificate of Official Abstract of Votes Cast for the special election conducted on November 2 , 1999 , on behalf of the Beebe Draw Farms Metropolitan District No . 2 . Thank you for your assistance in this matter. Sincerely, COLLINS AN COCKREL P . C . Micki L. Wadhams Paralegal Enclosure cc : Mr. James W. Fell O11' -010-99 993028 CANVASS BOARD'S CERTIFICATE OF OFFICIAL ABSTRACT OF VOTES CAST FOR THE SPECIAL ELECTION HELD NOVEMBER 2, 1999 BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 2 WELD COUNTY, COLORADO Each of the undersigned members of the Canvass Board of the proposed Beebe Draw Farms Metropolitan District No. 2 certifies that the following is a true and correct abstract of the votes cast at the special election for the proposed Beebe Draw Farms Metropolitan District No. 2, at which time the eligible electors of the proposed Beebe Draw Farms Metropolitan District No. 2, 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 : Bruce A. Kelley Term to Expire : 2000 38 South Rogers Way Golden, Colorado 80401 Norman L. Moormeier Term to Expire: 2000 1370 Bellaire Street Broomfield, Colorado 80020 Thomas A. Burk Term to Expire : 2002 5717 East Glenstone Lane Highlands Ranch, Colorado 80126 James W. Fell Term to Expire : 2002 11409 West 17th Place Lakewood, Colorado 80215 Harold W. Lande Term to Expire: 2002 218 Monroe Street Denver, Colorado 80206 That the votes cast for and against the ballot question submitted were as follows : Number of Votes FOR the Organization of 4 Beebe Draw Farms Metropolitan District No. 2 Number of Votes AGAINST the Organization of Beebe Draw Farms Metropolitan District No. 2 That the votes cast for and against each ballot issue submitted were as follows : BALLOT ISSUE NO. 5C SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 2 DEBT BE INCREASED UP TO $8, 529, 000, WITH A REPAYMENT COST OF UP TO $25, 587, 000 TOTAL PRINCIPAL AND INTEREST, BY THE ISSUANCE OF REVENUE BONDS, NOTES, CERTIFICATES, OR OTHER INSTRUMENTS OF INDEBTEDNESS, CONTRACTS, OR MULTIPLE-FISCAL YEAR FINANCIAL OBLIGATIONS AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 10% PER ANNUM WITH A MATURITY DATE NOT TO EXCEED 20 YEARS FROM THE DATE OF ISSUANCE, FOR THE PURPOSE OF FINANCING THE ACQUISITION, INSTALLATION, CONSTRUCTION, IMPROVEMENT, MAINTENANCE AND COMPLETION (INCLUDING CONTRACTING THEREFOR) OF WATER AND WATER RESERVOIRS, TREATMENT WORKS, DISTRIBUTION AND TRANSMISSION LINES, AND OTHER FACILITIES, AND ALL OTHER NECESSARY, INCIDENTAL AND APPURTENANT PROPERTY, FACILITIES, EQUIPMENT AND COSTS, SUCH BONDS OR OBLIGATIONS TO BE ISSUED, DATED AND SOLD AT SUCH TIME OR TIMES AND IN SUCH MANNER AND TO CONTAIN SUCH TERMS NOT INCONSISTENT HEREWITH AS THE BOARD OF DIRECTORS MAY DETERMINE, WHICH AUTHORIZATION - SHALL INCLUDE AUTHORIZATION TO REFUND SUCH BONDS AND ANY REFUNDING BONDS WITHOUT ADDITIONAL VOTER APPROVAL; AND IN CONNECTION THEREWITH SHALL ALL PROCEEDS, REVENUE OF THE DISTRICT FROM ALL SOURCES, AND EARNINGS FROM THE INVESTMENT THEREOF CONSTITUTE VOTER-APPROVED REVENUE CHANGES AND OFFSETS AND BE COLLECTED AND SPENT EACH YEAR WITHOUT LIMITATION OR CONDITION, AND WITHOUT LIMITING THE COLLECTION OR SPENDING OF ANY OTHER REVENUE OR FUNDS OF THE DISTRICT, 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? Number of YES votes cast : -- Number of NO votes cast : D BALLOT ISSUE NO. 5D SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 2 DEBT BE INCREASED UP TO $10, 572, 000, WITH A REPAYMENT COST OF UP TO $31, 725, 000 TOTAL PRINCIPAL AND INTEREST, BY THE ISSUANCE OF REVENUE BONDS, NOTES, CERTIFICATES, OR OTHER INSTRUMENTS OF INDEBTEDNESS, CONTRACTS, OR MULTIPLE-FISCAL YEAR FINANCIAL OBLIGATIONS AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 10% PER ANNUM WITH A MATURITY DATE NOT TO EXCEED 20 YEARS FROM THE DATE OF ISSUANCE, FOR THE PURPOSE OF FINANCING THE ACQUISITION, INSTALLATION, CONSTRUCTION, IMPROVEMENT, MAINTENANCE AND COMPLETION (INCLUDING CONTRACTING THEREFOR) OF STREETS, CURBS, GUTTERS, CULVERTS, DRAINAGE FACILITIES, SIDEWALKS, BRIDGES, PARKING FACILITIES, LIGHTING, GRADING, PAVING, LANDSCAPING, AND OTHER STREET IMPROVEMENTS, AND ALL OTHER NECESSARY, INCIDENTAL AND APPURTENANT PROPERTY, FACILITIES, EQUIPMENT AND COSTS, SUCH BONDS OR OBLIGATIONS TO BE ISSUED, DATED AND SOLD AT SUCH TIME OR TIMES AND IN SUCH MANNER AND TO CONTAIN SUCH TERMS NOT INCONSISTENT HEREWITH AS THE BOARD OF DIRECTORS MAY DETERMINE, WHICH AUTHORIZATION SHALL INCLUDE AUTHORIZATION TO REFUND SUCH BONDS AND ANY REFUNDING BONDS WITHOUT ADDITIONAL VOTER APPROVAL; AND IN CONNECTION THEREWITH SHALL ALL 2 PROCEEDS, REVENUE OF THE DISTRICT FROM ALL SOURCES, AND EARNINGS FROM THE INVESTMENT THEREOF CONSTITUTE VOTER-APPROVED REVENUE CHANGES AND OFFSETS AND BE COLLECTED AND SPENT EACH YEAR WITHOUT LIMITATION OR CONDITION, AND WITHOUT LIMITING THE COLLECTION OR SPENDING OF ANY OTHER REVENUE OR FUNDS OF THE DISTRICT, 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? Number of YES votes cast : / I Number of NO votes cast : b BALLOT ISSUE NO. 5E SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 2 DEBT BE INCREASED UP TO $1, 489, 000, WITH A REPAYMENT COST OF UP TO $4 ,461,000 TOTAL PRINCIPAL AND INTEREST, BY THE ISSUANCE OF REVENUE BONDS, NOTES, CERTIFICATES, OR OTHER INSTRUMENTS OF INDEBTEDNESS, CONTRACTS, OR MULTIPLE-FISCAL YEAR FINANCIAL OBLIGATIONS AT A MAXIMUM NET EFFECTIVE INTEREST RATE NO TO EXCEED 10% PER ANNUM WITH A MATURITY DATE NOT TO EXCEED 20 YEARS FROM THE DATE OF ISSUANCE, FOR THE PURPOSE OF FINANCING THE ACQUISITION, INSTALLATION, CONSTRUCTION, IMPROVEMENT, MAINTENANCE AND COMPLETION (INCLUDING CONTRACTING THEREFOR) OF PARKS, OPEN SPACES, DISTRICT BUILDINGS AND RECREATIONAL FACILITIES OR PROGRAMS, AND ALL OTHER NECESSARY, INCIDENTAL AND APPURTENANT PROPERTY, FACILITIES, EQUIPMENT AND COSTS, SUCH BONDS OR OBLIGATIONS TO BE ISSUED, DATED AND SOLD AT SUCH TIME OR TIMES AND IN SUCH MANNER AND TO CONTAIN SUCH TERMS NOT INCONSISTENT HEREWITH AS THE BOARD OF DIRECTORS MAY DETERMINE, WHICH AUTHORIZATION SHALL INCLUDE AUTHORIZATION TO REFUND SUCH BONDS AND ANY REFUNDING BONDS WITHOUT ADDITIONAL VOTER APPROVAL; AND IN CONNECTION THEREWITH SHALL ALL PROCEEDS, REVENUE OF THE DISTRICT FROM ALL SOURCES, AND EARNINGS FROM THE INVESTMENT THEREOF CONSTITUTE VOTER-APPROVED REVENUE CHANGES AND OFFSETS AND BE COLLECTED AND SPENT EACH YEAR WITHOUT LIMITATION OR CONDITION, AND WITHOUT LIMITING THE COLLECTION OR SPENDING OF ANY OTHER REVENUE OR FUNDS OF THE DISTRICT, AND WITHOUT REGARD TO ANY SPENDING, REVENUE-RAISING, OR OTHER LIMITATION CONTANED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? Number of YES votes cast : I Number of NO votes cast : (v, BALLOT ISSUE NO. 5F SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 2 BE AUTHORIZED TO COLLECT, RETAIN AND SPEND EACH YEAR ALL REVENUE FROM ALL SOURCES NOT EXCLUDED FROM FISCAL YEAR SPENDING FOR SUCH DISTRICT PURPOSES AS ARE AUTHORIZED BY THE BOARD OF DIRECTORS AND SHALL SUCH REVENUE CONSTITUTE A VOTER-APPROVED REVENUE CHANGE, OFFSET AND AN EXCEPTION TO THE LIMITS 3 WHICH WOULD OTHERWISE APPLY UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? Number of YES votes cast : Lt Number of NO votes cast : O BALLOT ISSUE NO. 5G SHALL THE LIMITATIONS ON TERMS OF OFFICE OF ELECTED MEMBERS OF THE BOARD OF DIRECTORS OF BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 2 BE ELIMINATED PURSUANT TO ARTICLE XVIII, SECTION 11 (2) OF THE COLORADO CONSTITUTION? Number of YES votes cast : Number of NO votes cast : O CERTIFIED this 1 day of Noyembe 9 99 . 3ted Electio Of ' cial nil LA) Canvasser O4,1114-del C i asser Contact Person for District : a 1 R. Cockrel llins and Cockrel , P .C . Business Address : 390 Union Boulevard Suite 400 Denver, Colorado 80228 Telephone Number: (303) 986-1551 4 JUDGES ' CERTIFICATE OF ELECTION RETURNS IT IS HEREBY CERTIFIED by the undersigned, who conducted the election held in the Beebe Draw Farms Metropolitan District No. 2 , in Weld County, Colorado, on the 2nd day of November, 1999 , that after qualifying by swearing and subscribing to their Oaths of Office, after which they counted the ballots cast for and against organization of the Beebe Draw Farms Metropolitan District No. 2 , for Directors of the Beebe Draw Farms Metropolitan District No. 2 , and for and against the ballot issues submitted. That the votes cast for Director of the District for a term to expire at the first regular election in 2000 were as follows : CANDIDATE FOR DIRECTOR NUMBER OF VOTES CAST (Numeric andr Spell Out) Bruce A. Kelley 1 o ' ^\ ` 1 .) Norman L. Moormeier VDU& CLD That the votes cast for Director of the District for a term to expire at the second regular election in 2002 were as follows : CANDIDATE FOR DIRECTOR NUMBER OF VOTES CAST (Numeric and(LE) Out) F Thomas A. Burk ou4 ( f ) James W. Fell TO W\ C4) Harold W. Lande L 6�'l C L J That the votes cast for and against the ballot question and ballot issues submitted were as follows : BALLOT QUESTION NO. SA FOR THE ORGANIZATION OF BEEBE DRAW FARMS r C METROPOLITAN DISTRICT NO. 2 (Numeric and Spell Out) AGAINST THE ORGANIZATION OF BEEBE DRAW 2Q�/ ,0 CO) FARMS METROPOLITAN DISTRICT NO. 2 (Numeric and Spell Out) BALLOT ISSUE NO. 5C SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 2 DEBT BE INCREASED UP TO $8, 529, 000, WITH A REPAYMENT COST OF UP TO $25, 587, 000 TOTAL PRINCIPAL AND INTEREST, BY THE ISSUANCE OF REVENUE BONDS, NOTES, CERTIFICATES, OR OTHER INSTRUMENTS OF INDEBTEDNESS, CONTRACTS, OR MULTIPLE-FISCAL YEAR FINANCIAL OBLIGATIONS AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 10% PER ANNUM WITH A MATURITY DATE NOT TO EXCEED 20 YEARS FROM THE DATE OF ISSUANCE, FOR THE PURPOSE OF FINANCING THE ACQUISITION, INSTALLATION, CONSTRUCTION, IMPROVEMENT, MAINTENANCE AND COMPLETION (INCLUDING CONTRACTING THEREFOR) OF WATER AND WATER RESERVOIRS, TREATMENT WORKS, DISTRIBUTION AND TRANSMISSION LINES, AND OTHER FACILITIES, AND ALL OTHER NECESSARY, INCIDENTAL AND APPURTENANT PROPERTY, FACILITIES, EQUIPMENT AND COSTS, SUCH BONDS OR OBLIGATIONS TO BE ISSUED, DATED AND SOLD AT SUCH TIME OR TIMES AND IN SUCH MANNER AND TO CONTAIN SUCH TERMS NOT INCONSISTENT HEREWITH AS THE BOARD OF DIRECTORS MAY DETERMINE, WHICH AUTHORIZATION SHALL INCLUDE AUTHORIZATION TO REFUND SUCH BONDS AND ANY REFUNDING BONDS WITHOUT ADDITIONAL VOTER APPROVAL; AND IN CONNECTION THEREWITH SHALL ALL PROCEEDS, REVENUE OF THE DISTRICT FROM ALL SOURCES, AND EARNINGS FROM THE INVESTMENT THEREOF CONSTITUTE VOTER-APPROVED REVENUE CHANGES AND OFFSETS AND BE COLLECTED AND SPENT EACH YEAR WITHOUT LIMITATION OR CONDITION, AND WITHOUT LIMITING THE COLLECTION OR SPENDING OF ANY OTHER REVENUE OR FUNDS OF THE DISTRICT, 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 1—o C,f') LCAO CO) (Numeric and Spell Out) (Numeric and Spell Out) BALLOT ISSUE NO. 5D SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 2 DEBT BE INCREASED UP TO $10, 572, 000, WITH A REPAYMENT COST OF UP TO $31, 725, 000 TOTAL PRINCIPAL AND INTEREST, BY THE ISSUANCE OF REVENUE BONDS, NOTES, CERTIFICATES, OR OTHER INSTRUMENTS OF INDEBTEDNESS, CONTRACTS, OR MULTIPLE-FISCAL YEAR FINANCIAL OBLIGATIONS AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 10% PER ANNUM WITH A MATURITY DATE NOT TO EXCEED 20 YEARS FROM THE DATE OF ISSUANCE, FOR THE PURPOSE OF FINANCING THE ACQUISITION, INSTALLATION, CONSTRUCTION, IMPROVEMENT, MAINTENANCE AND COMPLETION (INCLUDING CONTRACTING THEREFOR) OF STREETS, CURBS, GUTTERS, CULVERTS, DRAINAGE FACILITIES, SIDEWALKS, BRIDGES, PARKING FACILITIES, LIGHTING, GRADING, PAVING, LANDSCAPING, AND OTHER STREET IMPROVEMENTS, AND ALL OTHER NECESSARY, INCIDENTAL AND APPURTENANT PROPERTY, FACILITIES, EQUIPMENT AND COSTS, SUCH BONDS OR OBLIGATIONS TO BE ISSUED, DATED AND SOLD AT SUCH TIME OR TIMES AND IN SUCH MANNER AND TO CONTAIN SUCH TERMS NOT INCONSISTENT HEREWITH AS THE BOARD OF DIRECTORS MAY DETERMINE, WHICH AUTHORIZATION SHALL INCLUDE AUTHORIZATION TO REFUND SUCH BONDS AND ANY REFUNDING BONDS WITHOUT 2 ADDITIONAL VOTER APPROVAL; AND IN CONNECTION THEREWITH SHALL ALL PROCEEDS, REVENUE OF THE DISTRICT FROM ALL SOURCES, AND EARNINGS FROM THE INVESTMENT THEREOF CONSTITUTE VOTER-APPROVED REVENUE CHANGES AND OFFSETS AND BE COLLECTED AND SPENT EACH YEAR WITHOUT LIMITATION OR CONDITION, AND WITHOUT LIMITING THE COLLECTION OR SPENDING OF ANY OTHER REVENUE OR FUNDS OF THE DISTRICT, 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 Fouy CLO 7 -e_A0 (o) (Numeric and Spell Out) (Numeric and Spell Out) BALLOT ISSUE NO. 5E SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 2 DEBT BE . INCREASED UP TO $1, 489, 000, WITH A REPAYMENT COST OF UP TO $4, 461, 000 TOTAL PRINCIPAL AND INTEREST, BY THE ISSUANCE OF REVENUE BONDS, NOTES, CERTIFICATES, OR OTHER INSTRUMENTS OF INDEBTEDNESS, CONTRACTS, OR MULTIPLE-FISCAL YEAR FINANCIAL OBLIGATIONS AT A MAXIMUM NET EFFECTIVE INTEREST RATE NO TO EXCEED 10% PER ANNUM WITH A MATURITY DATE NOT TO EXCEED 20 YEARS FROM THE DATE OF ISSUANCE, FOR THE PURPOSE OF FINANCING THE ACQUISITION, INSTALLATION, CONSTRUCTION, IMPROVEMENT, MAINTENANCE AND COMPLETION (INCLUDING CONTRACTING THEREFOR) OF PARKS, OPEN SPACES, DISTRICT BUILDINGS AND RECREATIONAL FACILITIES OR PROGRAMS, AND ALL OTHER NECESSARY, INCIDENTAL AND APPURTENANT PROPERTY, FACILITIES, EQUIPMENT AND COSTS, SUCH BONDS OR OBLIGATIONS TO BE ISSUED, DATED AND SOLD AT SUCH TIME OR TIMES AND IN SUCH MANNER AND TO CONTAIN SUCH TERMS NOT INCONSISTENT HEREWITH AS THE BOARD OF DIRECTORS MAY DETERMINE, WHICH AUTHORIZATION SHALL INCLUDE AUTHORIZATION TO REFUND SUCH BONDS AND ANY REFUNDING BONDS WITHOUT ADDITIONAL VOTER APPROVAL; AND IN CONNECTION THEREWITH SHALL ALL PROCEEDS, REVENUE OF THE DISTRICT FROM ALL SOURCES, AND EARNINGS FROM THE INVESTMENT THEREOF CONSTITUTE VOTER-APPROVED REVENUE CHANGES AND OFFSETS AND BE COLLECTED AND SPENT EACH YEAR WITHOUT LIMITATION OR CONDITION, AND WITHOUT LIMITING THE COLLECTION OR SPENDING OF ANY OTHER REVENUE OR FUNDS OF THE DISTRICT, AND WITHOUT REGARD TO ANY SPENDING, REVENUE-RAISING, OR OTHER LIMITATION CONTANED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? YES NO OVA (k) 2---CA o Co) (Numeric and Spell Out) (Numeric and Spell Out) BALLOT ISSUE NO. SF SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 2 BE AUTHORIZED TO COLLECT, RETAIN AND SPEND EACH YEAR ALL REVENUE FROM ALL SOURCES NOT EXCLUDED FROM FISCAL YEAR SPENDING FOR SUCH DISTRICT PURPOSES AS ARE 3 AUTHORIZED BY THE BOARD OF DIRECTORS AND SHALL SUCH REVENUE CONSTITUTE A VOTER-APPROVED REVENUE CHANGE, OFFSET AND AN EXCEPTION TO THE LIMITS WHICH WOULD OTHERWISE APPLY UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? YES NO fawv (1h Zoo Co) (Numeric and Spell Out) (Numeric and Spell Out) BALLOT ISSUE NO. 5G SHALL THE LIMITATIONS ON TERMS OF OFFICE OF ELECTED MEMBERS OF THE BOARD OF DIRECTORS OF BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 2 BE ELIMINATED PURSUANT TO ARTICLE XVIII, SECTION 11 (2) OF THE COLORADO CONSTITUTION? S NO �-oUk �YEL4 Zcvo Co (Numeric and Spell Out) (Numeric and Spell Out) It is hereby identified and specified that : NUMERIC Total Number of Ballots Issued to Electors : - 5 Total Number of Ballots Voted: Li Ballots Returned Undeliverable : v Rejected Ballots : Spoiled Ballots : /D Challenged Ballots : O Defective Ballots : O Certified this 2°a day of November, 1999 . 0(<9 Election Judge Election Judg 4 PAUL R COCKREL COLLINS AND COCKREL, P.C. TELEPHONE ATTORNEYS AT LAW JAMES P.COLLINS 303-986-1551 390 UNION BOULEVARD,SUITE 400 ROBERT G.COLE DENVER,COLORADO 80228-1556 PAUL C.RUFIEN WATS TIMOTHY J.FLYNN 800-354-5941 DEREK G.PASSARELLI TELEFAX 303-986-1755 December 15, 1999 E-MAIL CandC PC@aotcom CERTIFIED MAIL -- RETURN RECEIPT REQUESTED Board of County Commissioners Weld County 915 10th Street Greeley, Colorado 80632 Division of Securities Department of Regulatory Agencies State of Colorado 1580 Lincoln Street , Suite 420 Denver, Colorado 80203 Re : Beebe Draw Farms Metropolitan District November 2 , 1999 Election Dear Sir or Madam: Pursuant to statutory requirements, enclosed is the Canvass Board' s Certificate of Official Abstract of Votes Cast for the special election conducted' on November 2 , 1999, on behalf of the Beebe Draw Farms Metropolitan District , now known as the Beebe Draw Farms Metropolitan District No . 1 . Thank you for your assistance in this matter . Sincerely, COLLINS AND COCKREL, P . C . ankS Micki L. Wadhams Paralegal Enclosure cc : Mr. James W. Fell ,aka-ao� CANVASS BOARD'S CERTIFICATE OF OFFICIAL ABSTRACT OF VOTES CAST FOR THE SPECIAL ELECTION HELD NOVEMBER 2, 1999 BEEBE DRAW FARMS METROPOLITAN DISTRICT WELD COUNTY, COLORADO Each of the undersigned members of the Canvass Board of the Beebe Draw Farms Metropolitan District certifies that the following is a true and correct abstract of the votes cast at the special election of the Beebe Draw Farms Metropolitan District, at which time the eligible electors of the Beebe Draw Farms Metropolitan District, voted as indicated on the attached Judges ' Certificate of Election Returns, and as a result the votes cast for and against each ballot issue submitted were as follows : - BALLOT ISSUE NO. 5A SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT (TO BE KNOWN AS BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 1) DEBT BE INCREASED UP TO $8, 529, 000, WITH A REPAYMENT COST OF UP TO $25, 587, 000 TOTAL PRINCIPAL AND INTEREST, BY THE ISSUANCE OF REVENUE BONDS, NOTES, CERTIFICATES, OR OTHER INSTRUMENTS OF INDEBTEDNESS, CONTRACTS, OR MULTIPLE-FISCAL YEAR FINANCIAL OBLIGATIONS AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 10% PER ANNUM WITH A MATURITY DATE NOT TO EXCEED 20 YEARS FROM THE DATE OF ISSUANCE, FOR THE PURPOSE OF FINANCING THE ACQUISITION, INSTALLATION, CONSTRUCTION, IMPROVEMENT, MAINTENANCE AND COMPLETION (INCLUDING CONTRACTING THEREFOR) OF WATER AND WATER RESERVOIRS, TREATMENT WORKS, DISTRIBUTION AND TRANSMISSION LINES, AND OTHER FACILITIES, AND ALL OTHER NECESSARY, INCIDENTAL AND APPURTENANT PROPERTY, FACILITIES, EQUIPMENT AND COSTS, SUCH BONDS OR OBLIGATIONS TO BE ISSUED, DATED AND SOLD AT SUCH TIME OR TIMES AND IN SUCH MANNER AND TO CONTAIN SUCH TERMS NOT INCONSISTENT HEREWITH AS THE BOARD OF DIRECTORS MAY DETERMINE, WHICH AUTHORIZATION SHALL INCLUDE AUTHORIZATION TO REFUND SUCH BONDS AND ANY REFUNDING BONDS WITHOUT ADDITIONAL VOTER APPROVAL; AND IN CONNECTION THEREWITH SHALL ALL PROCEEDS, REVENUE OF THE DISTRICT FROM ALL SOURCES, AND EARNINGS FROM THE INVESTMENT THEREOF CONSTITUTE VOTER-APPROVED REVENUE CHANGES AND OFFSETS AND BE COLLECTED AND SPENT EACH YEAR WITHOUT LIMITATION OR CONDITION, AND WITHOUT LIMITING THE COLLECTION OR SPENDING OF ANY OTHER REVENUE OR FUNDS OF THE DISTRICT, 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? Number of YES votes cast : 5 Number of NO votes cast : 0 BALLOT ISSUE NO. 5B SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT (TO BE KNOWN AS BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 1) DEBT BE INCREASED UP TO $10, 572 , 000, WITH A REPAYMENT COST OF UP TO $31, 725, 000 TOTAL PRINCIPAL AND INTEREST, BY THE ISSUANCE OF REVENUE BONDS, NOTES, CERTIFICATES, OR OTHER INSTRUMENTS OF INDEBTEDNESS, CONTRACTS, OR MULTIPLE-FISCAL YEAR FINANCIAL OBLIGATIONS AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 10% PER ANNUM WITH A MATURITY DATE NOT TO EXCEED 20 YEARS FROM THE DATE OF ISSUANCE, FOR THE PURPOSE OF FINANCING THE ACQUISITION, INSTALLATION, CONSTRUCTION, IMPROVEMENT, MAINTENANCE AND COMPLETION (INCLUDING CONTRACTING THEREFOR) OF STREETS, CURBS, GUTTERS, CULVERTS, DRAINAGE FACILITIES, SIDEWALKS, BRIDGES, PARKING FACILITIES, LIGHTING, GRADING, PAVING, LANDSCAPING, AND OTHER STREET IMPROVEMENTS, AND ALL OTHER NECESSARY, INCIDENTAL AND APPURTENANT PROPERTY, FACILITIES, EQUIPMENT AND COSTS, SUCH BONDS OR OBLIGATIONS TO BE ISSUED, DATED AND SOLD AT SUCH TIME OR TIMES AND IN SUCH MANNER AND TO CONTAIN SUCH TERMS NOT INCONSISTENT HEREWITH AS THE BOARD OF DIRECTORS MAY DETERMINE, WHICH AUTHORIZATION SHALL INCLUDE AUTHORIZATION TO REFUND SUCH BONDS AND ANY REFUNDING BONDS WITHOUT ADDITIONAL VOTER APPROVAL; AND IN CONNECTION THEREWITH SHALL ALL PROCEEDS, REVENUE OF THE DISTRICT FROM ALL SOURCES, AND EARNINGS FROM THE INVESTMENT THEREOF CONSTITUTE VOTER-APPROVED REVENUE CHANGES AND OFFSETS AND BE COLLECTED AND SPENT EACH YEAR WITHOUT LIMITATION OR CONDITION, AND WITHOUT LIMITING THE COLLECTION OR SPENDING OF ANY OTHER REVENUE OR FUNDS OF THE DISTRICT, AND WITHOUT REGARD TO ANY SPENDING, REVENUE--RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION bR ANY OTHER LAW? Number of YES votes cast : I Number of NO votes cast : /V BALLOT ISSUE NO. 5C SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT (TO BE KNOWN AS BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 1) DEBT BE INCREASED UP TO $1, 489, 000, WITH A REPAYMENT COST OF UP TO $4, 461, 000 TOTAL PRINCIPAL AND INTEREST, BY THE ISSUANCE OF REVENUE BONDS, NOTES, CERTIFICATES, OR OTHER INSTRUMENTS OF INDEBTEDNESS, CONTRACTS, OR MULTIPLE-FISCAL YEAR FINANCIAL OBLIGATIONS AT A MAXIMUM NET EFFECTIVE INTEREST RATE NO TO EXCEED 10% PER ANNUM WITH A MATURITY DATE NOT TO EXCEED 20 YEARS FROM THE DATE OF ISSUANCE, FOR THE PURPOSE OF FINANCING THE ACQUISITION, INSTALLATION, CONSTRUCTION, IMPROVEMENT, MAINTENANCE AND COMPLETION (INCLUDING CONTRACTING THEREFOR) OF PARKS, OPEN SPACES, DISTRICT BUILDINGS AND RECREATIONAL FACILITIES OR PROGRAMS, AND ALL OTHER NECESSARY, INCIDENTAL AND APPURTENANT PROPERTY, FACILITIES, EQUIPMENT AND COSTS, SUCH BONDS OR OBLIGATIONS TO BE ISSUED, DATED AND SOLD AT SUCH TIME OR TIMES AND IN SUCH MANNER AND TO CONTAIN SUCH TERMS NOT INCONSISTENT HEREWITH AS THE BOARD OF DIRECTORS MAY DETERMINE, WHICH AUTHORIZATION SHALL INCLUDE AUTHORIZATION TO REFUND 2 SUCH BONDS AND ANY REFUNDING BONDS WITHOUT ADDITIONAL VOTER APPROVAL; AND IN CONNECTION THEREWITH SHALL ALL PROCEEDS, REVENUE OF THE DISTRICT FROM ALL SOURCES, AND EARNINGS FROM THE INVESTMENT THEREOF CONSTITUTE VOTER-APPROVED REVENUE CHANGES AND OFFSETS AND BE COLLECTED AND SPENT EACH YEAR WITHOUT LIMITATION OR CONDITION, AND WITHOUT LIMITING THE COLLECTION OR SPENDING OF ANY OTHER REVENUE OR FUNDS OF THE DISTRICT, AND WITHOUT REGARD TO ANY SPENDING, REVENUE-RAISING, OR OTHER LIMITATION CONTANED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? (� Number of YES votes cast : I Number of NO votes cast : 0 BALLOT ISSUE NO. 5D SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT (TO BE KNOWN AS BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 1) BE AUTHORIZED TO COLLECT, RETAIN AND SPEND EACH YEAR ALL REVENUE FROM ALL SOURCES NOT EXCLUDED FROM FISCAL YEAR SPENDING FOR SUCH DISTRICT PURPOSES AS ARE AUTHORIZED BY THE BOARD OF DIRECTORS AND SHALL SUCH REVENUE CONSTITUTE A VOTER- APPROVED REVENUE CHANGE, OFFSET AND AN EXCEPTION TO THE LIMITS WHICH WOULD OTHERWISE APPLY UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? Number of YES votes cast : Number of NO votes cast :�} a CERTIFIED this / day of November 1999 . Designated Etta .. Official �_.. Can asser 11(f-rrl& Ca asser Contact Person for District : Paul R. Cockrel Collins and Cockrel , P. C . Business Address : 390 Union Boulevard Suite 400 Denver, Colorado 80228 Telephone Number: (303) 986-1551 3 JUDGES ' CERTIFICATE OF ELECTION RETURNS IT IS HEREBY CERTIFIED by the undersigned, who conducted the election held in the Beebe Draw Farms Metropolitan District, in Weld County, Colorado, on the 2n° day of November, 1999, that after qualifying by swearing and subscribing to their Oaths of Office, after which they counted the ballots cast for and against the ballot issues submitted. That the votes cast for and against the ballot issues submitted were as follows : BALLOT ISSUE NO. 5A SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT (TO BE KNOWN AS BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 1) DEBT BE INCREASED UP TO $8 , 529, 000 , WITH A REPAYMENT COST OF UP TO $25 , 587, 000 TOTAL PRINCIPAL AND INTEREST, BY THE ISSUANCE OF REVENUE BONDS, NOTES , CERTIFICATES, OR OTHER INSTRUMENTS OF INDEBTEDNESS, CONTRACTS, OR MULTIPLE-FISCAL YEAR FINANCIAL OBLIGATIONS AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 10% PER ANNUM WITH A MATURITY DATE NOT TO EXCEED 20 YEARS FROM THE DATE OF ISSUANCE, FOR THE PURPOSE OF FINANCING THE ACQUISITION, INSTALLATION, CONSTRUCTION, IMPROVEMENT, MAINTENANCE AND COMPLETION (INCLUDING CONTRACTING THEREFOR) OF WATER AND WATER RESERVOIRS, TREATMENT WORKS, DISTRIBUTION AND TRANSMISSION LINES, AND OTHER FACILITIES, AND ALL OTHER NECESSARY, INCIDENTAL AND APPURTENANT PROPERTY, FACILITIES, EQUIPMENT AND COSTS, SUCH BONDS OR OBLIGATIONS TO BE ISSUED, DATED AND SOLD AT SUCH TIME OR TIMES AND IN SUCH MANNER AND TO CONTAIN SUCH TERMS NOT INCONSISTENT HEREWITH AS THE BOARD OF DIRECTORS MAY DETERMINE, WHICH AUTHORIZATION SHALL INCLUDE AUTHORIZATION TO REFUND SUCH BONDS AND ANY REFUNDING BONDS WITHOUT ADDITIONAL VOTER APPROVAL; AND IN CONNECTION THEREWITH SHALL ALL PROCEEDS, REVENUE OF THE DISTRICT FROM ALL SOURCES, AND EARNINGS FROM THE INVESTMENT THEREOF CONSTITUTE VOTER-APPROVED REVENUE CHANGES AND OFFSETS AND BE COLLECTED AND SPENT EACH YEAR WITHOUT LIMITATION OR CONDITION, AND WITHOUT LIMITING THE COLLECTION OR SPENDING OF ANY OTHER REVENUE OR FUNDS OF THE DISTRICT, 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 [ E C5 O716go C/d (Numeric and Spell Out) (Numeric and Spell Out) BALLOT ISSUE NO. 5B SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT (TO BE KNOWN AS BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 1) DEBT BE INCREASED UP TO $10 , 572 , 000 , WITH A REPAYMENT COST OF UP TO $31, 725, 000 TOTAL PRINCIPAL AND INTEREST, BY THE ISSUANCE OF REVENUE BONDS, NOTES, CERTIFICATES, OR OTHER INSTRUMENTS OF INDEBTEDNESS, CONTRACTS, OR MULTIPLE-FISCAL YEAR FINANCIAL OBLIGATIONS AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 10% PER ANNUM WITH A MATURITY DATE NOT TO EXCEED 20 YEARS FROM THE DATE OF ISSUANCE, FOR THE PURPOSE OF FINANCING THE ACQUISITION, INSTALLATION, CONSTRUCTION, IMPROVEMENT, MAINTENANCE AND COMPLETION (INCLUDING CONTRACTING THEREFOR) OF STREETS, CURBS, GUTTERS, CULVERTS, DRAINAGE FACILITIES, SIDEWALKS, BRIDGES, PARKING FACILITIES, LIGHTING, GRADING, PAVING, LANDSCAPING, AND OTHER STREET IMPROVEMENTS, AND ALL OTHER NECESSARY, INCIDENTAL AND APPURTENANT PROPERTY, FACILITIES, EQUIPMENT AND COSTS, SUCH BONDS OR OBLIGATIONS TO BE ISSUED, DATED AND SOLD AT SUCH TIME OR TIMES AND IN SUCH MANNER AND TO CONTAIN SUCH TERMS NOT INCONSISTENT HEREWITH AS THE BOARD OF DIRECTORS MAY DETERMINE, WHICH AUTHORIZATION SHALL INCLUDE AUTHORIZATION TO REFUND SUCH BONDS AND ANY REFUNDING BONDS WITHOUT ADDITIONAL VOTER APPROVAL; AND IN CONNECTION THEREWITH SHALL ALL PROCEEDS, REVENUE OF THE DISTRICT FROM ALL SOURCES, AND EARNINGS FROM THE INVESTMENT THEREOF CONSTITUTE VOTER-APPROVED REVENUE CHANGES AND OFFSETS AND BE COLLECTED AND SPENT EACH YEAR WITHOUT LIMITATION OR CONDITION, AND WITHOUT LIMITING THE COLLECTION OR SPENDING OF ANY OTHER REVENUE OR FUNDS OF THE DISTRICT, 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 ralAR C iERo (Numeric and Spell Out:) (Numeric and Spell Out) BALLOT ISSUE NO. 5C SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT (TO BE KNOWN AS BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 1) DEBT BE INCREASED UP TO $1 , 489, 000 , WITH A REPAYMENT COST OF UP TO $4 , 461 , 000 TOTAL PRINCIPAL AND INTEREST, BY THE ISSUANCE OF REVENUE BONDS, NOTES, CERTIFICATES, OR OTHER INSTRUMENTS OF INDEBTEDNESS, CONTRACTS, OR MULTIPLE-FISCAL YEAR FINANCIAL OBLIGATIONS AT A MAXIMUM NET EFFECTIVE INTEREST RATE NO TO EXCEED 10% PER ANNUM WITH A MATURITY DATE NOT TO EXCEED 20 YEARS FROM THE DATE OF ISSUANCE, 2 FOR THE PURPOSE OF FINANCING THE ACQUISITION, INSTALLATION, CONSTRUCTION, IMPROVEMENT, MAINTENANCE AND COMPLETION (INCLUDING CONTRACTING THEREFOR) OF PARKS, OPEN SPACES, DISTRICT BUILDINGS AND RECREATIONAL FACILITIES OR PROGRAMS, AND ALL OTHER NECESSARY, INCIDENTAL AND APPURTENANT PROPERTY, FACILITIES, EQUIPMENT AND COSTS, SUCH BONDS OR OBLIGATIONS TO BE ISSUED, DATED AND SOLD AT SUCH TIME OR TIMES AND IN SUCH MANNER AND TO CONTAIN SUCH TERMS NOT INCONSISTENT HEREWITH AS THE BOARD OF DIRECTORS MAY DETERMINE, WHICH AUTHORIZATION SHALL INCLUDE AUTHORIZATION TO REFUND SUCH BONDS AND ANY REFUNDING BONDS WITHOUT ADDITIONAL VOTER APPROVAL; AND IN CONNECTION THEREWITH SHALL ALL PROCEEDS, REVENUE OF THE DISTRICT FROM ALL SOURCES, AND EARNINGS FROM THE INVESTMENT THEREOF CONSTITUTE VOTER-APPROVED REVENUE CHANGES AND OFFSETS AND BE COLLECTED AND SPENT EACH YEAR WITHOUT LIMITATION OR CONDITION, AND WITHOUT LIMITING THE COLLECTION OR SPENDING OF ANY OTHER REVENUE OR FUNDS OF THE DISTRICT, AND WITHOUT REGARD TO ANY SPENDING, REVENUE-RAISING, OR OTHER LIMITATION CONTANED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? YES NO VC V K @A) /EKG ( (Numeric and Spell Out) (Numeric and Spell Out) BALLOT ISSUE NO. 5D SHALL BEEBE DRAW FARMS METROPOLITAN DISTRICT (TO BE KNOWN AS BEEBE DRAW FARMS METROPOLITAN DISTRICT NO. 1) BE AUTHORIZED TO COLLECT, RETAIN AND SPEND EACH YEAR ALL REVENUE FROM ALL SOURCES NOT EXCLUDED FROM FISCAL YEAR SPENDING FOR SUCH DISTRICT PURPOSES AS ARE AUTHORIZED BY THE BOARD OF DIRECTORS AND SHALL SUCH REVENUE CONSTITUTE A VOTER-APPROVED REVENUE CHANGE, OFFSET AND AN EXCEPTION TO THE LIMITS WHICH WOULD OTHERWISE APPLY UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? YES NO \\IL ( 5) 2 u 1 0 ) (Numeric and Spell Out) (Numeric and Spell Out) 3 It is hereby identified and specified that : NUMERIC Total Number of Ballots Issued to Electors : 5 Total Number of Ballots Voted: S Ballots Returned Undeliverable : JU Rejected Ballots : /71 Spoiled Ballots : Challenged Ballots : Defective Ballots : Certified this 2"° day of Nove er, 1999 . ge c)/ C 446q,2( Election Judge 4 Hello