HomeMy WebLinkAbout20243243.tiffLAW OFFICE OF MICHAEL E. DAVIS, LLC
December 2, 2024
VIA USPS DELIVERY
Division of Local Government
Department of Local Affairs
1313 Sherman Street, Room 521
Denver, CO 80203
VIA CERTIFIED MAIL
Weld County Board of County
Commissioners
1150 O Street
P.O. Box 758
Greeley, CO 80631
VIA CERTIFIED MAIL
Colorado Division of Securities
1560 Broadway Street
Denver, CO 80202
RE: November 5, 2024 Election Results and Form DLG-32
Real Weld Metropolitan District (Weld County, Colorado)
To Whom It May Concern:
RECEIVED
DEC 0 6 2024
WELD COUNTY
COMMISSIONERS
Pursuant to §32-1-1101.5(1) C.R.S. and §1-11-103(3) C.R.S., please find enclosed the following
documents in connection with Real Weld Metropolitan District, County of Weld, State of
Colorado:
(1) Canvass Board's Certification of Election Results for the November 5, 2024 special
election; and
(2) Recorded Form DLG-32, Notice of Special District Authorization or Issuance of
General Obligation Indebtedness.
The business address, phone number and contact person for the above metropolitan district is as
follows:
c/o Law Office of Michael E. Davis, LLC
1151 Eagle Drive, Suite 366
Loveland, CO 80537
Phone Number: (720) 324-3130
Contact person: Michael E. Davis, Esq.
Please contact me if you have any questions.
Very Truly yours,
LAW OFFICE OF MICHAEL E. DAVIS, LLC
r
Michael E. Davis
Enclosures
1151 Eagle Drive, Suite 366, Loveland, Colorado 80537
CoMMu n . Go i. onS
12/16/24
2024-3243
SIo 1142.
CANVASS BOARD'S
CERTIFICATE OF ELECTION RESULTS
FOR THE SPECIAL ELECTION
HELD TUESDAY, NOVEMBER 5, 2024
§§ 1-11-103, 1-13.5-1305, 32-1-104(1), C.R.S.
Each of the undersigned members of the Canvass Board of the Real Weld Metropolitan District
(the "District") certifies that the following is a true and correct statement of the results of the
Special Election for the District, at which time the eligible electors of the District voted as indicated
on the Judge's Certificate of Election Returns:
CANVASS BOARD'S CERTIFICATE OF ELECTION RETURNS:
That the votes cast for and against each ballot issue and ballot question submitted were as
follows:
BALLOT ISSUE A (Operations, Maintenance and Administration - Tax Increase)
SHALL REAL WELL) METROPOLITAN DISTRICT TAXES BE INCREASED BY 55,000,000 ANNUALLY,
AND BY THE SAME AMOUNT AS ADJUSTED FOR INFLATION PLUS LOCAL GROWTH IN EACH
SUBSEQUENT FISCAL YEAR THEREAFTER. BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES
LEVIED IN ANY YEAR AT A RATE OF NOT MORE THAN 99.000 MILLS ON ALL TAXABLE PROPERTY
IN THE DISTRICT, OR BY SUCH LESSER AMOUNT AS NECESSARY, TO PAY THE DISTRICT'S
ADMINISTRATION, OPERATIONS, MAINTENANCE, COVENANT ENFORCEMENT, DESIGN REVIEW.
AND OTHER SIMILAR EXPENSES, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES LEVIED
IN ANY YEAR, WITIIOUT LIMITATION AS TO ANY OTIIER CONDITION, TO PAY SUCH EXPENSES AND
SHALL THE PROCEEDS OF SUCH TAXES AND ANY INVESTMENT INCOME THEREON BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR
THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE WITHOUT REGARD TO ANY SPENDING,
REVENUE -RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE
COLORADO CONSTITUTION, THE LIMITS IMPOSED ON INCREASES IN PROPERTY TAXATION BY
SECTION 29-1-301, C.R.S. IN ANY YEAR, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE
DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED
IN THE FUTURE, ALL WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT
MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES
NO
o /
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE' B (Capital Costs - Tax Increase)
SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE INCREASED BY $5,000,000 ANNUALLY,
AND BY THE SAME AMOUNT AS ADJUSTED FOR INFLATION PLUS LOCAL_ GROWTH IN EACH
SUBSEQUENT FISCAL YEAR THEREAFTER, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES
LEVIED IN ANY YEAR AT A RATE OF NOT MORE THAN 99.000 MILLS ON ALL TAXABLE PROPERTY
IN THE DISTRICT, OR BY SUCH LESSER AMOUNT AS NECESSARY TO PAY FOR CAPITAL COSTS OF
ANY PUBLIC IMPROVEMENTS AND FOR PAYING THE COSTS OF ANY FACILITIES, SYSTEMS,
PROGRAMS, OR PROJECTS WIIICII TILE DISTRICT MAY LAWFULLY PROVIDE, BY THE IMPOSITION
OF AD VALOREM PROPERTY TAXES LEVIED IN ANY YEAR, WITHOUT LIMITATION AS TO ANY
OTHER CONDITION, TO PAY SUCH COSTS AND SHALL THE PROCEEDS OF SUCH TAXES AND ANY
INVESTMENT INCOME THEREON BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN
FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE
CHANGE WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION
CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, THE LIMITS,
IMPOSED ON INCREASES IN PROPERTY TAXATION BY SECTION 29-1-301, C.R.S., IN ANY YEAR, OR
Page 1 of 19
ANY OTHER LAW WHICH PURPORTS 7O LIM11 THE DISTRICT'S REVENUES OR EXPENDITURES AS El'
CURRENTLY EXISTS OR AS FF MAY BEAMENDED IN THE FUTURE, ALL WI'THOU'T LIMITING IN ANY
YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BF COLLECTED, RETAINED AND SPENT BY
THE DISTRICT?
YES NO
9 / N+NG 0 / 2 c,nt
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE C (Operations, Maintenance and Administration - Fees Increase)
SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE INCREASED BY $5,000,000 ANNUALLY,
AND BY THE SAME AMOUNT AS ADJUSTED FOR INFLATION PLUS LOCAL GROWTH IN EACH
SUBSEQUENT FISCAL YEAR THEREAFTER, OR BY SUCH LESSER AMOUNT AS NECESSARY TO PAY
THE DISTRICT'S ADMINISTRATION, OPERATIONS, MAINTENANCE, COVENANT ENFORCEMENT,
DESIGN REVIEW, AND OTHER SIMILAR EXPENSES, BY THE IMPOSITION OF A FEE OR FEES IMPOSED.
WITHOUT LIMITATION AS TO RATE OR ANY OTHER CONDITION TO PAY SUCH EXPENSES AND
SHALL THE PROCEEDS OF SUCH FEES AND ANY INVESTMENT INCOME THEREON BE COLLECTED,
RETAINED AND SPENT BY THE DIS'IRIC:'1' IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR
THEREAFTER AS .9 VOTER -APPROVED REVENUE CHANGE WII'HOI T REGARD "111 ANY SPENDING.
REVENUE -RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE
COLORADO CONSTITUTION, THE LIMITS IMPOSED ON INCREASES IN PROPERTY TAXATION BY
SECTION 29-1-301, C.R.S. IN ANY YEAR, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE
DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED
IN THE FUTURE, ALL WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT
MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES
/ w/ r✓L
(Numeric & Spell Out) (Numeric k Spell Out)
NO
BALLOT ISSUE D (Capital Costs- Fees Increase)
SHALL REAL WELD METROPOLITAN DISTRICT 'FAXES BE INCREASED BY S5,000,000 ANNUALLY,
AND BY THE SAME AMOUNT AS ADJUSTED FOR INFLATION PLUS LOCAL GROWTH IN EACH
SUBSEQUENT FISCAL YEAR THEREAFTER, OR BY SUCH LESSER AMOUNT AS NECESSARY TO PAY
FOR CAPITAL COSTS OF ANY PUBLIC IMPROVEMENTS AND FOR PAYING THE COSTS OF ANY
FACILITIES. SYSTEMS. PROGRAMS. OR PROJECTS WHICH THE DISTRICT MAY I.AWFUI.I.Y PROVIDE,
BY THE IMPOSITION OF A FEE OR FEES IMPOSED, WITHOUT LIMITATION AS TO RATE. OR ANY
OTHER CONDITION, TO PAY SUCH COSTS AND SHALL THE PROCEEDS OF SUCH FEES AND ANY
INVESTMENT INCOME THEREON BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN
FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE
CHANGE WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION
CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, THE LIMITS
IMPOSED ON INCREASES IN PROPERTY TAXATION BY SECTION 29-1-301, C.R.S., IN ANY YEAR, OR
ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICTS REVENUES OR EXPENDITURES AS IT
CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, ALL WITHOUT LIMITING IN ANY
YEAR THE AMOUNT OF OTHER REVENUES TIIAT MAY BE COLLECTED, RETAINED AND SPENT BY
THE DISTRICT?
YES NO
9 / o / 2 e.." c,
(Numeric & Spell Out) (Numeric & Spell Out)
Page 2 of 19
BALLOT ISSUE E (Multiple Fiscal Year Intergovernmental Agreements — Tax Increase)
SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE INCREASED BY $5,000,000 ANNUALLY,
AND BY THE SAME AMOUNT AS ADJUSTED FOR INFLATION PLUS LOCAL GROWTH IN EACH
SUBSEQUENT FISCAL YEAR THEREAFTER, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES
LEVIED IN ANY YEAR AT A RA'Z'E OF NOT MORE THAN 99.000 MILLS UN ALL TAXABLE PROPERTY
IN THE DISTRICT, OR BY SUCH LESSER AMOUNT AS NECESSARY FOR THE. PAYMENT OF AMOUNTS
DUE PURSUANT TO ONE OR MORE INTERGOVERNMENTAL AGREEMENTS OR OTHER CONTRACTS,
BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES LEVIED IN ANY YEAR, WITHOUT
LIMITATION AS TO ANY OTHER CONDITION, AND SI IALL THE PROCEEDS OF SUCH TAXES AND ANY
LNVESTMENT INCOME THEREON BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN
FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE
CHANGE WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION
CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE. COLORADO CONSTITUTION, THE LIMITS
IMPOSED ON INCREASES IN PROPERTY TAXATION BY SECTION 29-1-301, C.R.S. IN ANY YEAR. OR
ANY OTHER: LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT
CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, ALL WITHOUT LIMITING IN ANY
YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY
THE DISTRICT?
YES NO
? / wurr/G O / d'eio
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE F (Regional Improvements — Tax Increase)
SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE INCREASED BY 55,000,000 ANNUALLY.
AND BY THE SAME AMOUNT AS ADJUSTED FOR INFLATION PLUS LOCAL GROWTH IN EACH
SUBSEQUENT FISCAL YEAR THEREAFTER, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES
LEVIED IN ANY YEAR AT A RATE OF NOT MORE THAN 99.000 MILLS ON ALL TAXABLE PROPERTY
LN THE DISTRICT, OR BY SUCH LESSER AMOUNT AS NECESSARY TO PAY FOR REGIONAL
IMPROVEMENTS FOR WHICH THE DISTRICT IS AUTHORIZED OR OBLIGATED PURSUANT TO ITS
SERVICE PLAN, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES LEVIED IN ANY YEAR,
WITHOUT LIMITATION AS TO ANY OTHER CONDITION. TO PAY THE COSTS OF REGIONAL
IMPROVEMENTS, AND SHALL THE PROCEEDS OF SUCH TAXES AND ANY INVESTMENT INCOME
THEREON BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN
EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE WITHOUT REGARD
TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X,
SECTION 20 OF THE COLORADO CONSTITUTION, THE LIMITS IMPOSED ON INCREASES IN PROPERTY
TAXATION BY SECTION 29-1-301, C.R.S. IN ANY YEAR, OR ANY OTHER LAW WHICH PURPORTS TO
LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE
AMENDED IN THE FUTURE, ALL WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER
REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES
9
(Numeric & Spell Out)
NO
b Qua
(Numeric & Spell Out)
BALLOT ISSUE G (Multiple Fiscal Year Private Agreements — Tax Increase)
SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE INCREASED BY $5,000,000 ANNUALLY,
AND BY THE SAME AMOUNT AS ADJUSTED FOR INFLATION PLUS LOCAL GROWTH IN EACH
SUBSEQUENT FISCAL YEAR THEREAFTER, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES
LEVIED IN ANY YEAR AT A RATE OF NOT MORE THAN 99.000 MILLS ON ALL TAXABLE PROPERTY
LN THE DISTRICT, OR BY SUCH LESSER AMOUNT AS NECESSARY FOR THE PAYMENT OF AMOUNTS
DUE PURSUANT TO ONE OR MORE AGREEMENTS OR OTHER CONTRACTS WITH PRIVATE PARTIES
Page 3 of 19
FOR THE PURPOSE OF FINANCING, DESIGNING, ACQUIRING, CONSI'RUC'IING, COMPLETING OR
O'IHFRWISE; PROVIDING, AND 'I'I{ COSTS OF OPERALING AND MAINTAINING, ANY PUBLIC
IMPROVEMENT WHICH THE DISTRICT IS LAWFULLY AUTHORIZED TO PROVIDE, OR FOR ANY
OTHER PURPOSE THAT THE BOARD OF DIRECTORS OF THE DISTRICT DETERMINES TO BE
NECESSARY AND APPROPRIATE, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES LEVIED
IN ANY YEAR. WITHOUT LIMITATION AS TO ANY OTHER CONDITION. AND SHALL THE PROCEEDS
OF SUCH TAXES AND ANY INVESTMENT INCOME THEREON BE COLLECTED. RETAINED AND SPENT
BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -
APPROVED REVENUE CHANGE WITHOUT REGARD TO ANY SPENDING. REVENUE -RAISING, OR
OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO
CONSTITUTION, THE LIMITS IMPOSED ON INCREASES IN PROPERTY TAXATION BY SECTION 29-1-
301, C.R.S. IN ANY YEAR, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S
REVENUES pR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE
FUTURE, ALL WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE
COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES NO
9 / aiha a / te,a
eric & Spell Out) (Malefic & Spell Out)
BALLOT ISSUE W (TABOR Revenue Exemption (De-Brucingl)
SHALL REAL WELD METROPOLITAN DISTRICT BE AUTHORIZED TO COLLECT, RECEIVE. RETAIN,
AND SPEND THE FULL AMOUNT OF ALL TAXES, TAX INCREMENT REVENUES, TAP FEES, PARK FEES,
FACILITY FEES, PUBLIC IMPROVEMENT FEES. DEVELOPMENT FEES, IMPACT FEES, SERVICE
CHARGES, INSPECTION CHARGES, ADMINISTRATIVE CHARGES, GRANTS, GIFTS, INVESTMENT
EARNINGS, OR ANY OTHER FEE, RATE, TOLL, PENALTY, CHARGE OR OTHER INCOME AUTHORIZED
BY LAW, COVENANTS OR CONTRACT TO BE IMPOSED. COLLECTED OR RECEIVED BY THE DISTRICT
DURING 2025 AND EACH FISCAL YEAR THEREAFTER, SUCII AMOUNTS TO CONSTITUTE A VOTER -
APPROVED REVENUE CHANGE AND BE COLLECTED. RETAINED AND SPENT BY THE DISTRICT
WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED
WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, THE LIMITS IMPOSED ON
INCREASES IN PROPERTY TAXATION BY SECTION 29-1-301, C.R.S., IN ANY SUBSEQUENT YEAR, OR
ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT
CURRENTLY EXISTS OR AS TT MAYBE AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY
YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED, RECEIVED, RETAINED AND
SPENT BY THE DISTRICT?
YESq NO
/ NI✓r O / 8e -e
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE I (Street Improvements)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED BY 825,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175.000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAY BE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY. AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT TS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, STREET IMPROVEMENTS, INCLUDING BUT NOT
LIMITED TO CURBS, GUTTERS, CULVERTS, AND OTHER DRAINAGE FACILITIES, UNDERGROUND
CONDUITS, SIDEWALKS, TRAILS, PUBLIC PARKING LOTS, STRUCTURES AND FACILITIES, PAVING,
LIGHTING, GRADING, LANDSCAPING. BIKE PATHS AND PEDESTRIAN WAYS, PEDESTRIAN
Page 4of19
OVERPASSES. RETAINING WALLS. FENCING, ENTRY MONUMENTA'1'ION, S'I'RE:E`I'SCAPING.
BRIDGES, OVERPASSES. UNDERFASSE:S. IN"IERCHANGES, MEDIAN ISLANDS, IRRIGATION, AND A
SAFETY PROTECTION SYSTEM THROUGH TRAFFIC AND SAFETY CONTROLS AND DEVICES ON
STREETS AND HIGHWAYS AND AT RAILROAD CROSSINGS, SIGNALIZATION, SIGNING AND
STRIPING, AREA IDENTIFICATION, DRIVER INFORMATION AND DIRECTIONAL, ASSISTANCE SIGNS,
TOGETHER WITH ALL NECESSARY, INCIDENTAL, AND APPURTENANT FACILITIES, EQUIPMENT,
LAND AND EASEMENTS AND EXTENSIONS OF AND IMPROVEMENTS TO SUCH FACILITIES. SUCH
DEBT TO BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 15%
PER ANNUM, SUCH INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY
COMPOUND PERIODICALLY AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS,
AND SUCH DEBT TO MATURE, BE SUBJECT TO REDEMPTION WITH OR WITHOUT PREMIUM, AND BE
ISSUED AND SOLD AT, ABOVE OR BELOW PAR, SUCII DEBT TO BE ISSUED OR INCURRED AT ONE
TIME OR FROM TIME TO TIME IN ONE OR MORE SERIES, TO BE PAID FROM ANY LEGALLY
AVAILABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY
TAXES OR SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN AD VALOREM MILL LEVY
IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT. WITHOUT LIMITATION OF RATE OR WITH
SUCH LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND IN
AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET FORTH ABOVE OR SUCH LESSER
AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING SUCH DEBT; ALL OF
THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS; AND SHALL THE
PROCEEDS OF ANY SUC1I DEBT AND TILE REVENUE FROM SUCII TAXES, ANY OTHER REVENUE
USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS TIIEREON, BE COLLECTED, RETAINED AND
SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A
VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING,
OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO
CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR
EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, AND
WITHOUT LIMITLNG IN ANY YEAR THE AMOUNT OI! OTHER REVENUES THAT MAY BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT?
YES NO
9
/ ,r.,✓(
Q % Zeta
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE J (Parks and Recreation)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED BY 125,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY 3175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAY BE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, PARKS AND RECREATION FACILITIES,
IMPROVEMENTS AND PROGRAMS. INCLUDING BUT NOT LIMITED TO COMMUNITY PARKS, BIKE
PATHS AND PEDESTRIAN WAYS, FENCING, TRAILS, REGIONAL TRAILS, FIELDS, TOT LOTS, OPEN
SPACE, CULTURAL ACTIVITIES, COMMON AREAS, COMMUNITY RECREATION CENTERS, INDOOR
AND OUTDOOR ATHLETIC FIELDS AND COURTS, OUTDOOR LIGHTING, EVENT FACILITIES,
IRRIGATION FACILITIES, LAKES, WATER BODIES. SWIMMING POOLS, PUBLIC FOUNTAINS AND
SCULPTURES, ART. GARDENS, LANDSCAPING, WEED CONTROL, AND OTHER ACTIVE AND PASSIVE
RECREATIONAL FACILITIES, IMPROVEMENTS AND PROGRAMS, TOGETHER WITH ALL NECESSARY,
INCIDENTAL, AND APPURTENANT FACILITIES, EQUIPMENT, LAND, EASEMENTS AND EXTENSIONS
OF AND IMPROVEMENTS TO SUCH FACILITIES, SUCH DEBT TO BEAR INTEREST AT A MAXIMUM
NET EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER ANNUM, SUCH INTEREST TO BE
PAYABLE AT SUCH TIME. OR TIMES, AND WHICH MAY COMPOUND PERIODICALLY AS MAY BE
DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT
TO REDEMPTION WITH OR WITHOUT PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW
Page 5 of 19
PAR, SUCH DEBT TO BE ISSUED OR INCURRED Al ONE TIME OR FROM TIME TO TIME IN ONE OR
MORE SERIES, '1'O BE PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT,
INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH
TAXES TO CONSIST OF AN AD VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE
DISTRICT, WITHOUT LIMITATION OF RATE OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED
BY THE DISTRICT BOARD OF DIRECTORS, AND IN AMOUNTS SUFFICIENT TO PRODUCE THE
ANNUAL INCREASE SET FORTH ABOVE OR SUCH LESSER AMOUNT AS MAY BE NECESSARY. TO BE
USED FOR THE PURPOSE OF PAYING SUCH DEBT; ALL OF THE ABOVE AS MAY BE DETERMINED BY
THE DISTRICT BOARD OF DIRECTORS; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE
REVENUE FROM SUCH TAXES, ANY OTHER REVENUE USED TO PAY SUCH DEBT. AND INVESTMENT
EARNINGS THEREON, BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR
2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE,
WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED
WITHIN ARTICLE X. SECTION 20 OF THE COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH
PURPORTS TO LIMIT TIME DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR
AS IT MAY BE AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF
OTHER REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES NO
9 / Vt.( O / tee.
(Numeric &. Spell Out) (Numeric & Spell Out)
BALLOT ISSUE K (Water)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED 525,000,000 WITH A
REPAYMENT COST OF 1175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY 5175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, A POTABLE AND NON -POTABLE WATER SUPPLY,
STORAGE, TRANSMISSION AND DISTRIBUTION SYSTEM FOR DOMESTIC AND OTHER PUBLIC AND
PRIVATE PURPOSES BY ANY AVAILABLE MEANS, AND TO PROVIDE ALL NECESSARY OR PROPER
TREATMENT WORKS AND FACILITIES, EQUIPMENT, AND APPURTENANCES INCIDENT THERETO,
INCLUDING BUT NOT LIMITED TO WELLS, WATER PUMPS, WATER LINES, WATER FEATURES,
PURIFICATION PLANTS, PUMP STATIONS, TRANSMISSION LINES, DISTRIBUTION MAINS AND
LATERALS, FIRE HYDRANTS, METERS. WATER TAPS, IRRIGATION FACILITIES, CANALS, DITCHES,
WATER RIGHTS, FLUMES, PARTIAL FLUMES, IIEADGATES, DROP STRUCTURES, STORAGE
RESERVOIRS AND FACILITIES, TOGETHER WITH ALL NECESSARY, INCIDENTAL AND
APPURTENANT FACILITIES, EQUIPMENT, LAND, EASEMENTS, AND EXTENSIONS OF AND
IMPROVEMENTS TO SUCH FACILITIES, SUCH DEBT TO BEAR INTEREST AT A MAXIMUM NET
EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER ANNUM, SUCH INTEREST TO BE PAYABLE AT
SUCK TIME OR TIMES, AND WHICH MAY COMPOUND PERIODICALLY AS MAY BE DETERMINED BY
THE DISTRICT BOARD OF DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT TO REDEMPTION
WITEI OR WITHOUT PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR. BELOW PAR, SUCH DEBT
TO BE ISSUED OR INCURRED AT ONE TIME OR FROM TIME To TIME IN ONE OR MORE SERIES, TO BE
PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS
OF AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN
AD VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT
LIMITATION OF RATE OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT
BOARD OF DIRECTORS, AND IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET
FORTH ABOVE OR SUCH LESSER AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE PURPOSE
OF PAYING SUCH DEBT; ALL OF THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF
DIRECTORS; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH
TAXES, ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS THEREON,
BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH
Page 6of19
FISCAL YEAR THF;REAF" E'ER AS A VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO
ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X,
SECTION 20 OF THE COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT
THE DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE
AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE .AMOUNT OF OTIIER
REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES NO
, / w,,,
(Numeric & Spell Out)
BALLOT ISSUE L (Sanitation/Storm Sewer)
O / Stip
(Numeric & Spell Out)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED S25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
LNCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAY BE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING Ail. OR ANY PART OF 'THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF TETE DISTRICT, A SANITATION SYSTEM WHICH MAY CONSIST
OF STORM OR SANITARY SEWERS, OR BOTH, FLOOD AND SURFACE DRAINAGE, TREATMENT AND
DISPOSAL WORKS AND FACILITIES, OR SOLID WASTE DISPOSAL FACILITIES OR WASTE SERVICES,
AND ALL NECESSARY OR PROPER EQUIPMENT AND APPURTENANCES INCIDENT THERETO,
INCLUDING BUT NOT LIMITED TO TREATMENT PLANTS AND FACILITIES, COLLECTION MAINS AND
LATERALS, LIFT STATIONS, TRANSMISSION LINES, CANALS, SLUDGE HANDLING, REUSE AND
DISPOSAL FACILITIES, AND/OR STORM SEWER, FLOOD AND SURFACE DRAINAGE FACILITIES AND
SYSTEMS, INCLUDING DETENTION`RETENTION PONDS, BOX CULVERTS AND ASSOCIATED
IRRIGATION FACILITIES, EQUIPMENT, LAND, EASEMENTS AND SEWER TAPS. AND EXTENSIONS OF
AND IMPROVEMENTS TO SUCH FACILITIES, SUCH DEBT TO BEAR INTEREST AT A MAXIMUM NET
EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER ANNUM, SUCH INTEREST TO BE PAYABLE AT
SUCH TIME OR TIMES, AND WHICH MAY COMPOUND PERIODICALLY AS MAY BE DETERMINED BY
THE DISTRICT BOARD OF DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT TO REDEMPTION
WITH OR WITHOUT PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW PAR, SUCH DEBT
TO BE ISSUED OR INCURRED AT ONE TIME OR FROM TIME TO TIME IN ONE OR MORE SERIES, TO BE
PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS
OF AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN
AD VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT
LIMITATION OF RATE OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT
BOARD OF DIRECTORS, AND IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET
FORTH ABOVE OR SUCH LESSER AMOUNT AS MAYBE NECESSARY, TO BE USED FOR THE PURPOSE
OF PAYING SUCH DEBT; ALL OF THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF
DIRECTORS; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH
TAXES, ANY OTIIER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS THEREON.
BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH
FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO
ANY SPENDING, REVENUE: RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X,
SECTION 20 OF THE COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT
THE DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE
AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER
REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES NO
aj / / 2e re
(Numeric & Spell Out) (Numeric & Spell Out)
Page 7 of 19
BALLOT ISSUE M (Transportation)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED S25,0W,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAY BE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM 1F ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATF THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT. FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING.
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, A SYSTEM TO TRANSPORT THE PUBLIC BY BUS,
RAIL OR ANY OTHER MEANS OF CONVEYANCE, OR ANY COMBINATION THEREOF. OR PURSUANT
TO CONTRACT, INCLUDING BUT NOT LIMITED TO PUBLIC TRANSPORTATION SYSTEM
IMPROVEMENTS, TRANSPORTATION EQUIPMENT, PARK AND RIDE FACILITIES. PARKING LOTS,
STRUCTURES, ROOFS, COVERS AND FACILITIES, TOGETHER WITH ALL NECESSARY, INCIDENTAL
AND APPURTENANT FACILITIES, EQUIPMENT, LAND, EASEMENTS. AND ALL NECESSARY
EXTENSIONS OF AND IMPROVEMENTS TO SUCH FACILITIES OR SYSTEMS, SUCH DEBT TO BEAR
INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER ANNUM,
SUCH INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND
PERIODICALLY AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND SUCH
DEBT TO MATURE, BE SUBJECT TO REDEMPTION WITH OR WITHOUT PREMIUM, AND BE ISSUED
AND SOLD AT, ABOVE OR BELOW PAR, SUCH DEBT TO BE ISSUED OR INCURRED AT ONE TIME OR
FROM TIME TO TIME IN ONE OR MORE SERIES, TO BE PAID FROM ANY LEGALLY AVAILABLE
REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR
SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN AD VALOREM MILL LEVY IMPOSED ON
ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT LIMITATION OF RATE OR WITH SUCH
LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND IN
AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET FORTH ABOVE OR SUCH LESSER
AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING SUCH DEBT; ALL OF
THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS; AND SHALL THE
PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH TAXES, ANY OTHER REVENUE
USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS THEREON, BE COLLECTED, RETAINED AND
SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A
VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO ANY SPENDING. REVENUE -RAISING,
OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO
CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR
EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, AND
WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT?
YES
9 /
NO
e / ZCe'C
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE N (Mosquito Control)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED 525,000,000 WITH A
REPAYMENT COST OF $.175,000.000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, .PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING.
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, MOSQUITO CONTROL AND ERADICATION
FACILITIES, IMPROVEMENTS, PROGRAMS, EQUIPMENT AND SUPPLIES NECESSARY FOR THE
ELIMINATION OF MOSQUITOES, INCLUDING BUT NOT LIMITED TO THE ELIMINATION OR
TREATMENT OF BREEDING GROUNDS AND PURCHASE, LEASE, CONTRACTING OR OTHER USE OF
Page 8 of 19
EQUIPMENT OR SUPPLIES FOR MOSQUITO CONTROL WITHIN THE BOUNDARIES OF 'CITE DISTRICT,
'TOGETHER WITH All.. NECESSARY, INCIDENTAL, ANL) APPURTENANT FACILITIES, EQUIPMENT,
LAND, EASEMENTS AND EXTENSIONS OF AND IMPROVEMENTS TO SUCH FACILITIES, SUCII DEBT
TO BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED I5% PER
ANNUM, SUCH INTEREST TO RE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND
PERIODICALLY AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND SUCH
DEBT TO MATURE, BE SUBJECT TO REDEMPTION WITH OR WITHOUT PREMIUM, AND BE ISSUED
AND SOLD AT, ABOVE OR BELOW PAR, SUCH DEBT TO BE ISSUED OR INCURRED AT ONE TIME OR
FROM TIME TO TIME IN ONE OR MORE SERIES, TO BE PAID FROM ANY LEGALLY AVAILABLE
REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR
SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN AD VALOREM MILL LEVY IMPOSED ON
ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT LIMITATION OF RATE OR WITH SUCH
LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND IN
AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET FORTH ABOVE OR SUCH LESSER
AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING SUCH DEBT: ALL OF
THE ABOVE,AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS: AND SHALL THE
PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH TAXES, ANY OTHER REVENUE
USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS THEREON, BE COLLECTED, RETAINED AND
SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A
VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING,
OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO
CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT TILE DISTRICT'S REVENUES OR
EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, AND
WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT?
YES NO
9
(N rerw lit Spell Out)
(Numeric & Spell Out)
BALLOT ISSUE O (Safety Protection)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED S25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL, WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT TFIE BOUNDARIES OF THE DISTRICT, A SAFETY PROTECTION SYSTEM OF TRAFFIC
AND SAFETY CONTROLS AND DEVICES ON STREETS AND HIGHWAYS AND AT RAILROAD
CROSSINGS, ! INCLUDING BUT NOT LIMITED TO TRAFFIC SIGNALS AND SIGNAGE, AND
CONSTRUCTING UNDERPASSES OR OVERPASSES AT RAILROAD CROSSINGS, TOGETHER WITH ALL
NECESSARY, INCIDENTAL, AND APPURTENANT FACILITIES, EQUIPMENT, LAND, EASEMENTS AND
EXTENSIONS OF AND IMPROVEMENTS TO SUCH FACILI'T'IES, SUCH DEBT TO BEAR INTEREST AT A
MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER ANNUM, SUCH INTEREST TO
BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND PERIODICALLY AS MAY BE
DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT
TO REDEMPTION WITH OR WITHOUT PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW
PAR, SUCH DEBT TO BE ISSUED OR INCURRED AT ONE TIME OR FROM TIME TO TIME IN ONE OR
MORE SERIES, TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT,
INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH
TAXES TO CONSIST OF AN AD VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE
DISTRICT, WITHOUT LIMITATION OF RATE OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED
BY THE DISTRICT BOARD OF DIRECTORS, AND IN AMOUNTS SUFFICIENT TO PRODUCE. THE
ANNUAL INCREASE SET FORTH ABOVE I)R SUCH LESSER AMOUNT AS MAY BE NECESSARY, TO BE
USED FOR THE PURPOSE OF PAYING SUCH DEBT; ALL OF THE ABOVE AS MAYBE DETERMINED BY
Page 9 of 19
THE DIS'I'RIC I' BOARD OF DIREC"FORS; AND SHALL 'flit: PROCEEDS Ot•ANY SUCH DEBT AND THE
REVENUE FROM SUCH'l'AXE'S, ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT'
EARNINGS THEREON, BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR
2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE.,
WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED
WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH
PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR
AS IT MAY BE AMENDED TN THE FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF
OTHER REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES NO
I 00
/ 24- el
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE P ('television Relay and Translation)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY 5 175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAY BE NECESSARY FOR
THE. PAYMENT OF THE PRINCIPAL. OF, PREMIUM IF ANY, ANT) INTF.RE..ST ON SUCH DEBT WHEN DUE
AND ANY RPFUNDINGS THEREOF, AT AN INTEREST RATF THAT IS FQT_)AI. TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, TELEVISION RELAY AND TRANSLATION SYSTEM
IMPROVEMENTS THROUGH ANY MEANS NECESSARY, INCLUDING BUT NOT LIMITED TO
EQUIPMENT, FACILITIES AND STRUCTURES, TOGETHER WITH ALL NECESSARY, INCIDENTAL, AND
APPURTENANT FACILITIES, EQUIPMENT. LAND, EASEMENTS AND EXTENSIONS OF AND
IMPROVEMENTS TO SUCH FACILITIES, SUCH DEBT TO BEAR INTEREST AT A MAXIMUM NET
EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER ANNUM, SUCH INTEREST TO BE PAYABLE AT
SUCH TIME OR TIMES, AND WHICH MAY COMPOUND PERIODICALLY AS MAY BE DETERMINED BY
THE DISTRICT BOARD OF DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT TO REDEMPTION
WITH OR WITHOUT PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW PAR, SUCH DEBT
TO BE ISSUED OR INCURRED AT ONE TIME OR FROM TIME TO TIME IN ONE OR MORE SERIES, TO BE
PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS
OF AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN
AD VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT
LIMITATION OF RATE OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT
BOARD OF DIRECTORS, AND IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET
FORTH ABOVE OR SUCII LESSER AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE PURPOSE
OF PAYING SUCH DEBT; ALL OF THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF
DIRECTORS; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH
TAXES, ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS THEREON,
BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH
FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO
ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X,
SECTION 20 OF THE COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT
THE DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE
AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER
REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT''
YES
/ w+
NO
O / 2t"a
(Numeric & Spell Out) (Numeric & Spell Out)
Page 10 of 19
BALLOT ISSUE Q (Security)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED 525,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY 5175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAY BE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, TOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT. FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING.
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, SECURITY SERVICES AND IMPROVEMENTS
INCLUDING, BUT NOT LIMITED TO. PERIMETER AND INTERIOR SECURITY PATROLS.
CONSTRUCTION OF SAFETY BARRIERS OR OTHER PROTECTIVE MEASURES, ACQUISITION OF
SECURITY EQUIPMENT, PROTECTION OF PROPERTY FROM UNLAWFUL DAMAGE OR DESTRUCTION,
AND OTHER SECURITY IMPROVEMENTS WHICH MAY BE NECESSARY FOR THE ORDERLY CONDUCT
OF DISTRICT AFFAIRS AND FOR PROTECTION OF THE HEALTH, SAFETY, AND WELFARE OF THE
DISTRICT RESIDENTS, TAXPAYERS, OFFICERS, AND EMPLOYEES, INCLUSIVE OF THE GENERAL
PUBLIC, TOGETHER WITH ALL NECESSARY. INCIDENTAL, AND APPURTENANT FACILITIES,
EQUIPMENT, AND LAND AND EASEMENTS, AND EXTENSIONS OF AND IMPROVEMENTS TO SUCH
FACILITIES, SUCH DEBT TO BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT
TO EXCEED 15% PER ANNUM, SUCH INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND
WHICH MAY COMPOUND PERIODICALLY AS MAY BE DETERMINED BY THE DISTRICT BOARD OF
DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT TO REDEMPTION WITH OR WITHOUT
PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW PAR, SUCH DEBT TO BE ISSUED OR
INCURRED AT ONE TIME OR FROM TIME TO TIME IN ONE OR MORE SERIES, TO BE PAID FROM ANY
LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS OF AD VALOREM
PROPERTY TAXES OR SPECLAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN AD VALOREM MILL
LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT LIMITATION OF RATE OR
WITH SUCH LIMITATIONS AS MAY BE DETERMINED 13Y THE DISTRICT BOARD OF DIRECTORS, AND
IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET FORTH ABOVE OR SUCH
LESSER AMOUNT AS MAYBE NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING SUCH DEBT;
ALL OF THE ABOVE AS MAYBE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS; AND SHALL
THE PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH TAXES, ANY OTHER REVENUE.
USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS THEREON, BE COLLECTED, RETAINED AND
SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A
VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING,
OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO
CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR
EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, AND
WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT?
YES
y/.+"..r
(Numeric & Spell Out) (Numeric & Spell Out)
NO
O / ?re•
BALLOT ISSUE. R (Operations and Maintenance Debt)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, REIMBURSING,
FINANCING OR REFINANCING ALL OR ANY PART OF THE DISTRICT'S OPERATING AND
MAINTENANCE EXPENSES, OR ADVANCES OF OPERATING AND MAINTENANCE EXPENSES MADE
TO THE DISTRICT, SUCH DEBT TO BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE
NOT TO EXCEED 15%PER ANNUM, SUCH INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND
Page 11 of 19
WHICII MAY COMPOUND PERIODICALLY AS MAY BE DETERMINED BY TllE DISTRICT BOARD OF
DIRECTORS. AND SUCH DELI' '1O MA1 URE, BE SUBJECT TO REDEMPTION WITH OR WITHOUT
PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW PAR, SUCH DEBT TO BE ISSUED OR
INCURRED AT ONE TIME OR FROM TIME. TO TIME IN ONE OR MORE SERIES, TO BE PAID FROM ANY
LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS OF AD VALOREM
PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN AD VALOREM MILL
LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT LIMITATION OF RATE OR
WITH SUCH LIMITATIONS AS MAYBE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND
IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET FORTH ABOVE OR SUCH
LESSER AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING SUCH DEBT;
ALL OF THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS; AND SHALL
THE PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH TAXES, ANY OTHER REVENUE
USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS THEREON, BE COLLECTED, RETAINED AND
SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A
VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING,
OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO
CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR
EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, AND
WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT?
YES NO
9 /
(Numeric & Spell Out)
BALLOT ISSUE S (Refunding Debt)
O / 8 eid
(Numeric & Spell Out)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED 525,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY 5175,000,000 ANNUALLY OR BY SUCH LESSER AeIOU T AS MAY BE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY RE'FUNDINGS THEREOF. AT AN INTEREST RATE THAT 1S EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, REFUNDING,
REFINANCING OR DEFEASING ANY OR ALL OF THE DISTRICT'S DEBT, BUT NOT TO EXCEED THE
MAXIMUM NET EFFECTIVE INTEREST RATE OF 15% PER ANNUM, SUCH INTEREST TO BE PAYABLE
AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND PERIODICALLY AS MAY BE DETERMINED
BY THE DISTRICT BOARD OF DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT TO
REDEMPTION WITH OR WITHOUT PREMIUM, AND RE ISSUED AND SOLD AT, ABOVE OR BELOW PAR,
SUCH DEBT TO BE ISSUED OR INCURRED AT ONE TIME OR PROM TIME TO TIME TN ONE OR MORE
SERIES, TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING
THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH TAXES TO
CONSIST OF AN AD VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT,
WITHOUT LIMITATION OF RATE OR WITH SUCH LIMITATIONS AS MAY BE DETERMINEDBY THE
DISTRICT BOARD OF DIRECTORS, AND IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL
INCREASE SET FORTI I ABOVE OR SUCH LESSER AMOUNT AS MAYBE NECESSARY, TO BE USED FOR
THE PURPOSE OF PAYING SUCH DEBT; ALL OF THE ABOVE AS MAY BE DETERMINED BY THE
DISTRICT BOARD OF DIRECTORS; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE
REVENUE FROM SUCH TAXES, ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT
EARNINGS THEREON, BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR
2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE,
WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED
WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH
PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR
Page 12 of 19
AS IT MAY BE AMENDED 1N THE FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF
O1 HER REVENUES THAT MAY HE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES NO
9 / w, i., t 4 / tern
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE T' (Intergovernmental Agreement Debt)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED 525,000,000 WMI A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED )3Y $175.000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAY BE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY. AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE ". INTEREST RATE ON THE REFUNDED DEBT, SUCH DEBT TO CONSIST OF
INFERGOVEIl,NMENIAL AGREEME`"1'S OR OTHER CONTRACT'S WITHOUTEMIT AS TO TERM WITH
ONE OR MORE POLITICAL SUBDIVISIONS OF THE STATE, GOVERNMENTAL UNITS.
GOVF.RNMF.NTAI.I.Y-OWNED FNTF.RPRISFS, OR ANY OTHER FLIRT IC OR PRIVATE F'.NTTT1FS, WHICH
CONTRACTS WILL CONSTITUTE MULTIPLE FISCAL YEAR FINANCIAL OBLIGATIONS AND WHICH
WILL OBLIGATE THE DISTRICT TO PAY, REIMBURSE OR FINANCE, INDIVIDUALLY OR JOINTLY
WITH OTHERS, THE COSTS OF FINANCING, DESIGNING, ACQUIRING, CONSTRUCTING, COMPLETING
OR OTHERWISE PROVIDING, AND THE COSTS OF OPERATING AND MAINTAINING, ANY PUBLIC
IMPROVEMENT, INCLUDING WITHOUT LIMITATION REGIONAL IMPROVEMENTS, FACILITIES,
SYSTEMS, PROGRAMS, OR PROJECTS, WHICH THE DISTRICT IS LAWFULLY AUTHORIZED TO
PROVIDE, ALL AS MAY BE PROVIDED IN SUCH CONTRACTS, SUCH CONTRACT OBLIGATIONS TO
BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER
ANNUM, BE REFINANCED AT A NET EFFECTIVE INTEREST RATE NOT TO EXCEED THE MAXIMUM
NET EFFECTIVE INTEREST RATE WITHOUT ADDITIONAL VOTER APPROVAL AND CONTAIN SUCH
TERMS, NOT INCONSISTENT HEREWITH, AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE;
AND IN CONNECTION THEREWITH SHALL AD VALOREM PROPERTY TAXES BE LEVIED IN ANY
YEAR, WITHOUT LIMITATION AS TO RATE AND IN AN AMOUNT SLTFICIENT TO PAY THE
OBLIGATIONS OF THE CONTRACTS WHEN DUE, AND SHALL THE PROCEEDS OF THE. CONTRACTS,
THE REVENUES FROM ALL TAXES, FROM REVENUE SHARING AGREEMENTS. ANY OTHER
REVENUES USED TO PAY THE OBLIGATIONS OF THE CONTRACTS AND ANY EARNINGS FROM THE
INVESTMENT OF SUCH PROCEEDS AND REVENUES BE COLLECTED, RETAINED AND SPENT BY THE
DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED
REVENUE CHANGE, WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER
LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, OR
ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT
CURRENTLY EXISTS GR AS IT MAY BE AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY
YEAR THE AMOUNT OF OTHER REVENUES TIIAT MAY BE COLLECTED, RETAINED AND SPENT BY
THE DISTRICT'?
YES
/ N ..<
(Numeric & Spell Out) (Numeric & Spell Out)
NO
o / Zee
BALLOT ISSUE U (Private Agreement Debt)
SHALL REA(, WELD METROPOLITAN DISTRICT DEBT BE INCREASED $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, SUCH DEBT TO CONSIST OF AGREEMENTS OR
OTHER CONTRACTS WITHOUT LIMIT AS TO TERM WITH ONE OR MORE PRIVATE PARTIES, WHICH
CONTRACTS WILL CONSTITUTE MULTIPLE FISCAL YEAR FINANCIAL OBLIGATIONS AND WHICH
WILL OBLIGATE THE DISTRICT TO PAY, REIMBURSE OR FINANCE THE COSTS OF FINANCING,
Page 13 of 19
DESIGNING, ACQUIRING, CONSTRUCTING, COMPLETING OR OTHERWISE PROVIDING, AND THE
COSTS Ole OPERATING AND MAINTAINING. ANY PUBLIC' IMPROVEMENT WHICH THE UISI'RIGI' IS
LAWFULLY AUTHORIZED TO PROVIDE, ALL AS MAY BE PROVIDED IN SUCH CONTRACTS, SUCH
CONTRACT OBLIGATIONS TI) BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE
NOT TO EXCEED I5% PER ANNUM, BE REFINANCED AT A NET EFFECTIVE INTEREST RATE NOT TO
EXCEED THE MAXIMUM NET EFFECTIVE INTEREST RATE WITHOUT ADDITIONAL VOTER
APPROVAL, AND CONTAIN SUCH TERMS, NOT INCONSISTENT HEREWITH, AS THE DISTRICT BOARD
OF DIRECTORS MAY DETERMINE; AND TN CONNECTION THEREWITH SHALL AD VALOREM
PROPERTY TAXES BE LEVIED IN ANY YEAR. WITHOUT LIMITATION AS TO RATE AND IN AN
AMOUNT SUFFICIENT TO PAY THE OBLIGATIONS OF THE CONTRACTS WHEN DUE, AND SHALL THE
PROCEEDS OF THE CONTRACTS, THE REVENUES FROM ALL TAXES, FROM REVENUE SHARING
AGREEMENTS, ANY OTHER REVENUES USED TO PAY THE OBLIGATIONS OF THE CONTRACTS AND
ANY EARNINGS FROM THE INVESTMENT OF SUCH PROCEEDS AND REVENUES BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT EN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR
THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE. WITHOUT REGARD TO ANY SPENDING,
REVENUE -RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE
COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S
REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE
FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT GE OTHER REVENUES THAT MAY
BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT'?
YES
9 I n,
(Numeric & Spell Out)
NO
/ cr•
(Numeric & Spell Out)
BALLOT ISSUE V (Directional Drilling Debt)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED BY $25,000,000 WITH A
REPAYMENT COST OF 5175,000,000; AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAY BE NECESSARY FOR
THE PAYMENT OF SUCH DEBT AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS
EQUAL TO, LOWER OR HIGHER THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE
PURPOSE OF PAYING, LEASING, FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF
DESIGNING, ACQUIRING. CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND
OTHERWISE PROVIDING, WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT, FACILITIES
AND IMPROVEMENTS FOR INCREMENTAL DIRECTIONAL DRILLING OF OIL AND GAS WELLS
DRILLED WITHIN THE GREATER WATTENBERG AREA, AS THAT TERM IS DEFINED IN SECTION 24-
65.5-102, CRS., AS IT CURRENTLY EXISTS OR MAY BE AMENDED IN THE FUTURE, TOGETHER WITH
ALL NECESSARY, INCIDENTAL AND APPURTENANT FACILITIES, EQUIPMENT, LAND, EASEMENTS,
AND EXTENSIONS OF AND IMPROVEMENTS TO SUCH FACILITIES, SUCH DEBT TO BEAR INTEREST
AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER ANNUM, SUCH
INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND PERIODICALLY
AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND SUCH DEBT TO MATURE,
BE SUBJECT TO REDEMPTION WITH OR WITHOUT PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE
OR BELOW PAR, SUCH DEBT TO BE ISSUED OR INCURRED AT ONE TIME OR FROM TIME TO TIME IN
ONE OR MORE SERIES, TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT,
INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS, ALL
OF ABOVE AS MAY BE DETERMINED BY THE DISTRICT; SUCH TAXES TO CONSIST OF AN AD
VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT
LIMITATION OF RATE OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT
BOARD OF DIRECTORS, AND IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL TAX INCREASE
SET FORTH ABOVE OR BY SUCH LESSER AMOUNT AS MAY BE NECESSARY. TO BE USED FOR THE
PURPOSE OF PAYING SUCH DEBT; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE
REVENUE FROM SUCH TAXES, ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT
EARNINGS THEREON BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR
2025 AND TN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE,
WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED
WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION. OR ANY OTHER LAW WHICH
Page 14 0159
PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDI'T'URES AS IT CURRENTLY EXISTS OR
AS IT MAY BE AMENDED IN THE FUTURE, AND WI'IHOU l LIMI'T'ING IN ANY YEAR THE AMOUNT OF
OTHER REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT'?
YES NO
9 / a / 2v•
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE W (Mortgages)
SHALL REAL WELD METROPOLITAN DISTRICT BE AUTHORIZED TO ISSUE, CREATE, EXECUTE, AND
DELIVER MORTGAGES, DEEDS OF TRUST, LIENS. AND OTHER ENCUMBRANCES ON DISTRICT REAL
AND PERSONAL PROPERTY, WHETHER NOW OWNED OR HEREAFTER ACQUIRED, AND INCLUDING
WATER AND WATER RIGHTS, SUCH ENCUMBRANCES TO BE IN THE TOTAL PRINCIPAL AMOUNT OF
NOT MORE THAN $25,000,000, PLUS INTEREST THEREON AT A NET EFFECTIVE INTEREST RATE NOT
LN EXCESS OF 15% PER ANNUM, WITH A REPAYMENT COST OF 5175,000,000, ALL AS MAY BE
DETERMINED BY THE BOARD OF DIRECTORS TO BE NECESSARY OR APPROPRIATE IN CONNECTION
WITH THE ISSUANCE OF BONDS, NOTES, CONTRACTS, OR OTHER FINANCIAL OBLIGATIONS OF THE
DISTRICT; SUCH ENCUMBRANCES TO BE CREATED FOR THE PURPOSE OF PROVIDING ADDITIONAL
SECURITY FOR DISTRICT FINANCAAT. OBT.TGATIONS, ANT) TO BE CREATED AT ONF TIME OR FROM
TIME TO TIME; SUCH MORTGAGES, DEEDS OF TRUST, LIENS, OR OTHER ENCUMBRANCES TO
ENTITLE THE OWNER OR BENEFICIARY THEREOF TO FORECLOSE UPON AND TAKE TITLE TO AND
POSSESSION OF THE DISTRICT PROPERTY SO ENCUMBERED IN THE MANNER AUTHORIZED BY
LAW, AND IN CONNECTION THEREWITH SHALL THE DISTRICT BE AUTHORIZED TO MAKE SUCH
COVENANTS REGARDING THE USE OF THE ENCUMBERED PROPERTY AND OTHER MATTERS
ARISING UNDER THE ENCUMBRANCES, ALL AS MAY BE DETERMINED BY THE BOARD OF
DIRECTORS OF THE DISTRICT?
YES NO
9 / 41C
O / 2cr.
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE X (Multi Fiscal Year IGAs)
SHALL REAL WELD METROPOLITAN DISTRICT BE AU'T'HORIZED TO ENTER INTO ONE OR MORE
INTERGOVERNMENTAL AGREEMENTS WITH THE STATE OR ONE OR MORE POLITICAL
SUBDIVISIONS OF THE STATE, GOVERNMENTAL UNITS, GOVERNMENTALLY -OWNED
ENTERPRISES, OR OTHER PUBLIC ENTITIES FOR THE PURPOSE OF JOINTLY FINANCING THE COSTS
OF ANY PUBLIC IMPROVEMENTS, FACILITIES, SYSTEMS, PROGRAMS, OR PROJECTS WHICH THE
DISTRICT MAY LAWFULLY PROVIDE, OR FOR THE PURPOSE OF PROVIDING FOR THE OPERATIONS
AND MAINTENANCE OF THE DISTRICT AND ITS PUBLIC IMPROVEMENTS. FACILITIES AND
PROPERTIES, OR FOR ANY OTHER LAWFUL ACTIVITY OF THE DISTRICT, CONTAINING SUCH TERMS
AND CONDITIONS AS THE DISTRICT MAY DETERMINE TO BE NECESSARY AND APPROPRIATE,
WHICH AGREEMENT MAY CONSTITUTE A MULTIPLE FISCAL YEAR FINANCIAL OBLIGATION OF THE
DISTRICT TO THE EXTENT PROVIDED THEREIN AND OTHERWISE AUTHORIZED BY LAW, AND IN
CONNECTION THEREWITH SHALL THE DISTRICT BE AUTHORIZED TO MAKE COVENANTS
REGARDING THE ESTABLISHMENT AND USE OF AD VALOREM TAXES, RATES. FEES, PUBLIC
IMPROVEMENT FEES, TOLLS, PENALTIES, AND OTHER CHARGES OR REVENUES OF THE DISTRICT,
AND COVENANTS, REPRESENTATIONS, AND WARRANTIES AS TO OTHER MATTERS ARISING UNDER
THE AGREEMENTS, ALL AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS?
YES
9 / N r+/t
(Numeric & Spell Out)
NO
o I Etr.
(Numeric & Spell Out)
Page 15 of 19
BALLOT ISSUE Y (Multiple Fiscal Year Private Agreements)
SHALL REAL WELD METROPOLITAN DISTRICT BE AUTHORIZED TO ENTER INTO ONE OR MORE
AGREEMENTS WITH PRIVATE PARTIES FOR THE PURPOSE OF FINANCING THE COSTS OF ANY
PUBLIC IMPROVEMENT'S, FACILITIES, SYSTEMS, PROGRAMS, OR PROJECTS WHICH THE DISTRICT
MAY LAWFULLY PROVIDE, OR FOR THE PURPOSE OF PROVIDING FOR THE OPERATIONS AND
MAINTENANCE OF THE. DISTRICT AND ITS PUBLIC IMPROVEMENTS, FACILITIES AND PROPERTIES,
OR FOR ANY OTHER LAWFUL ACTIVITY OF THE DISTRICT, CONTAINING SUCH TERMS AND
CONDITIONS AS THE DISTRICT MAY DETERMINE TO BE NECESSARY AND APPROPRIATE, WHICH
AGREEMENT MAY CONSTITUTE A MULTIPLE FISCAL YEAR FINANCIAL OBLIGATION OF TILE
DISTRICT TO THE EXTENT PROVIDED THEREIN AND OTHERWISE AUTHORIZED BY LAW, AND IN
CONNECTION THEREWITH SHALL THE DISTRICT BE AUTHORIZED TO MAKE COVENANTS
REGARDING THE ESTABLISHMENT AND USE OF AD VALOREM TAXES, RATES. FEES, TOLLS,
PENALTIES, AND OTHER CHARGES OR REVENUES OF THE DISTRICT, AND COVENANTS,
REPRESENTATIONS, AND WARRANTIES AS TO OTHER MATTERS ARISING UNDER THE
AGREEMENTS, ALL AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS?
YESa NO
/ w+ems( p / Re,.
Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE Z (Regional Improvements IGAs)
SHALL REAL WELD METROPOLITAN DISTRICT BE AUTHORIZED TO ENTER INTO ONE OR MORE
INTERGOVERNMENTAL AGREEMENTS WITH THE STATE OR ONE OR MORE POLITICAL
SUBDIVISIONS OF THE STATE, GOVERNMENTAL UNITS, GOVERNMENTALLY -OWNED
ENTERPRISES, OR OTHER PUBLIC ENTITIES FOR THE PURPOSE OF JOINTLY FINANCING THE COSTS
OF ANY REGIONAL IMPROVEMENTS, FACILITIES, SYSTEMS, PROGRAMS, OR PROJECTS FOR WHICH
THE DISTRICT IS AUTHORIZED OR OBLIGATED PURSUANT TO ITS SERVICE PLAN, OR FOR ANY
OTHER LAWFUL ACTIVITY OF THE DISTRICT. CONTAINING SUCH TERMS AND CONDITIONS AS THE
DISTRICT MAY DETERMINE TO BE NECESSARY AND APPROPRIATE. WHICH AGREEMENT MAY
CONSTITUTIA MULTIPLE FISCAL YEAR FINANCIAL OBLIGATION OF THE DISTRICT TO THE EXTENT
PROVIDED THEREIN AND OTHERWISE AUTHORIZED BY LAW, AND IN CONNECTION THEREWITH
SHALL THE DISTRICT BE AUTHORIZED TO MAKE COVENANTS REGARDING THE ESTABLISHMENT
AND USE OF AD VALOREM TAXES, RATES, FEES, PUBLIC IMPROVEMENT FEES, TOLLS, PENALTIES,
AND OTHER CHARGES OR REVENUES OF THE DISTRICT, AND COVENANTS, REPRESENTATIONS,
AND WARRANTIES AS TO OTHER MATTERS ARISING UNDER THE AGREEMENTS, ALL AS MAY BE
DETERMINED BY THE DISTRICT BOARD OF DIRECTORS?
YES
9 / w...r
(Numeric & Spell Out) (Numeric & Spell Out)
NO
O / 2tlr
BALLOT ISSUE AA (Property Tax Limit Waiver)
SHALL REAL WELD METROPOLITAN DISTRICT WAIVE THE 5.25% PROPERTY TAX LIMIT
ESTABLISHED IN SECTION 29-1-1702 OF THE COLORADO REVISED STATUTES FOR 2025 AND ALL
FUTURE PROPERTY TAX YEARS?
YES NO
9 / a#/W
(Numeric & Spell Out) (Numeric & Spell Out)
o / Qtr,
Page 16 of 19
BALLOT ISSUE BB (Mill Levy Increase Waiver)
SHALL ANY INCREASE IN THE TOTAL NUMBER OF MILLS LEVIED BY REAL WELD METROPOLITAN
DISTRICT FOR 2025 AND EACH FISCAL YEAR THEREAFTER CONSTITUTE A VOTER -APPROVED MILL
LEVY INCREASE PURSUANT TO SECTION 29-1-1705(2)(a) OF THE COLORADO REVISED STATUTES,
AND SHALL THE PROPERTY TAX REVENUE ATTRIBUTABLE TO ANY SUCH INCREASE BE EXCLUDED
FROM ANY APPLICABLE PROPERTY TAX LIMIT IN ACCORDANCE WITH SECTION 29-1-1701(3)(1) OF
THE COLORADO REVISED STATUTES AS TT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE
FUTURE?
YES NO
9 / ,i•.,'.c O / 74,a
(Numeric & Spell Out) (Numeric & Spell Out)
Page 17 of 19
CERTIFIED
By Ai
November 12
"Ala/VT? 614
Contact Person for District:
Business Address:
Telephone Number:
, 2024.
, Designated Election Official
, Canvasser
, Canvasser
Michael E. Davis
Law Office of Michael E. Davis, LLC
1151 Eagle Drive. Suite 366
Loveland, CO 80537
(720) 324-3130
Page 18 of 19
PROCEDURAL INSTRUCTIONS: The canvassers meet to survey the returns and certify the
results. They do not recount the ballots, unless there is a formal recount. No later than fourteen
(14) days after the election, the canvass board shall certify the official abstract of votes cast which
the DEO uses to certify the election (results). This form must be filed with the Division of Local
Government within thirty (30) days after the election. The DEO shall notify the candidates of their
election with certificates.
Attach Election Judges' Certificate of Election Results and send on copy to:
Division of Local Government
1313 Sherman Street, Room 521
Denver, CO 80203
Page 19 of 19
JUDGES' CERTIFICATE OF
ELECTION RETURNS AND STATEMENT OF BALLOTS
FOR THE SPECIAL ELECTION
HELD TUESDAY, NOVEMBER 5, 2024
§ 1-13.5-613, C.R.S.
IT IS HEREBY CERTIFIED by the undersigned, who conducted a mail ballot election for the
Real Weld Metropolitan District (the "District"), County of Weld, State of Colorado, at 1151 Eagle
Drive, Suite 366, Loveland, CO 80537, on November 5, 2024, that, after qualifying by swearing
and subscribing to their Oaths of Office, they opened the polls at 7:00 A.M., and that they kept the
polls open continuously until the hour of 7:00 P.M. on said date, after which they counted the
ballots cast for directors of the District and for any ballot issues and ballot questions submitted.
JUDGES' CERTIFICATE OF ELECTION RETURNS:
That the votes cast for and against each ballot issue and ballot question submitted were as
follows:
BALLOT ISSUE A (Operations, Maintenance and Administration - Tax Increase)
SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE INCREASED BY $5,000,000 ANNUALLY,
AND BY THE SAME AMOUNT AS ADJUSTED FOR INFLATION PLUS LOCAL GROWTH IN EACH
SUBSEQUENT FISCAL YEAR THEREAFTER, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES
LEVIED IN ANY YEAR AT A RATE OF NOT MORE THAN 99.000 MILLS ON ALL TAXABLE PROPERTY
IN THE DISTRICT, OR BY SUCH LESSER AMOUNT AS NECESSARY, TO PAY THE DISTRICT'S
ADMINISTRATION, OPERATIONS, MAINTENANCE, COVENANT ENFORCEMENT, DESIGN REVIEW,
AND OTHER SIMILAR EXPENSES, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES LEVIED
IN ANY YEAR, WITHOUT LIMITATION AS TO ANY OTHER CONDITION, TO PAY SUCH EXPENSES AND
SHALL THE PROCEEDS OF SUCH TAXES AND ANY INVESTMENT INCOME THEREON BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR
THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE WITHOUT REGARD TO ANY SPENDING,
REVENUE -RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE
COLORADO CONSTITUTION, THE LIMITS IMPOSED ON INCREASES IN PROPERTY TAXATION BY
SECTION 29-1-301, C.R.S. IN ANY YEAR, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE
DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED
IN THE FUTURE, ALL WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT
MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES NO
C)1 ,
(Numeric & Spe I Out) (Numeric & Spell Out)
BALLOT ISSUE B (Capital Costs - Tax Increase)
SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE INCREASED BY $5,000,000 ANNUALLY,
AND BY THE SAME AMOUNT AS ADJUSTED FOR INFLATION PLUS LOCAL GROWTH IN EACH
SUBSEQUENT FISCAL YEAR THEREAFTER, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES
LEVIED IN ANY YEAR AT A RATE OF NOT MORE THAN 99.000 MILLS ON ALL TAXABLE PROPERTY
IN THE DISTRICT, OR BY SUCH LESSER AMOUNT AS NECESSARY TO PAY FOR CAPITAL COSTS OF
ANY PUBLIC IMPROVEMENTS AND FOR PAYING THE COSTS OF ANY FACILITIES, SYSTEMS,
PROGRAMS, OR PROJECTS WHICH THE DISTRICT MAY LAWFULLY PROVIDE, BY THE IMPOSITION
OF AD VALOREM PROPERTY TAXES LEVIED IN ANY YEAR, WITHOUT LIMITATION AS TO ANY
OTHER CONDITION, TO PAY SUCH COSTS AND SHALL THE PROCEEDS OF SUCH TAXES AND ANY
Page 1 of 19
INVESTMENT INCOME THEREON BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN
FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE
CHANGE WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION
CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, THE LIMITS,
IMPOSED ON INCREASES IN PROPERTY TAXATION BY SECTION 29-1-301, C.R.S., IN ANY YEAR, OR
ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT
CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, ALL WITHOUT LIMITING IN ANY
YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY
THE DISTRICT?
YES
(Numeric & Spell Out) (Numeric & Spell Out)
NO
CJ i •&v1
BALLOT ISSUE C (Operations, Maintenance and Administration - Fees Increase)
SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE INCREASED BY $5,000,000 ANNUALLY,
AND BY THE SAME AMOUNT AS ADJUSTED FOR INFLATION PLUS LOCAL GROWTH IN EACH
SUBSEQUENT FISCAL YEAR THEREAFTER, OR BY SUCH LESSER AMOUNT AS NECESSARY TO PAY
THE DISTRICT'S ADMINISTRATION, OPERATIONS, MAINTENANCE, COVENANT ENFORCEMENT,
DESIGN REVIEW, AND OTHER SIMILAR EXPENSES, BY THE IMPOSITION OF A FEE OR FEES IMPOSED,
WITHOUT LIMITATION AS TO RATE OR ANY OTHER CONDITION TO PAY SUCH EXPENSES AND
SHALL THE PROCEEDS OF SUCH FEES AND ANY INVESTMENT INCOME THEREON BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR
THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE WITHOUT REGARD TO ANY SPENDING,
REVENUE -RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE
COLORADO CONSTITUTION, THE LIMITS IMPOSED ON INCREASES IN PROPERTY TAXATION BY
SECTION 29-1-301, C.R.S. IN ANY YEAR, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE
DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAYBE AMENDED
IN THE FUTURE, ALL WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT
MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES
(Numeric & Spell Out) (Numeric & Spell Out)
NO
/
BALLOT ISSUE D (Capital Costs- Fees Increase)
SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE INCREASED BY $5,000,000 ANNUALLY,
AND BY THE SAME AMOUNT AS ADJUSTED FOR INFLATION PLUS LOCAL GROWTH IN EACH
SUBSEQUENT FISCAL YEAR THEREAFTER, OR BY SUCH LESSER AMOUNT AS NECESSARY TO PAY
FOR CAPITAL COSTS OF ANY PUBLIC IMPROVEMENTS AND FOR PAYING THE COSTS OF ANY
FACILITIES, SYSTEMS, PROGRAMS, OR PROJECTS WHICH THE DISTRICT MAY LAWFULLY PROVIDE,
BY THE IMPOSITION OF A FEE OR FEES IMPOSED, WITHOUT LIMITATION AS TO RATE OR ANY
OTHER CONDITION, TO PAY SUCH COSTS AND SHALL THE PROCEEDS OF SUCH FEES AND ANY
INVESTMENT INCOME THEREON BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN
FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE
CHANGE WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION
CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, THE LIMITS
IMPOSED ON INCREASES IN PROPERTY TAXATION BY SECTION 29-1-301, C.R.S., IN ANY YEAR, OR
ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT
CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, ALL WITHOUT LIMITING IN ANY
Page 2 of 19
YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY
THE DISTRICT?
YES NO
/ k) v -z--' Q / c am
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE E (Multiple Fiscal Year Intergovernmental Agreements — Tax Increase)
SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE INCREASED BY $5,000,000 ANNUALLY,
AND BY THE SAME AMOUNT AS ADJUSTED FOR INFLATION PLUS LOCAL GROWTH IN EACH
SUBSEQUENT FISCAL YEAR THEREAFTER, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES
LEVIED IN ANY YEAR AT A RATE OF NOT MORE THAN 99.000 MILLS ON ALL TAXABLE PROPERTY
IN THE DISTRICT, OR BY SUCH LESSER AMOUNT AS NECESSARY FOR THE PAYMENT OF AMOUNTS
DUE PURSUANT TO ONE OR MORE INTERGOVERNMENTAL AGREEMENTS OR OTHER CONTRACTS,
BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES LEVIED IN ANY YEAR, WITHOUT
LIMITATION AS TO ANY OTHER CONDITION, AND SHALL THE PROCEEDS OF SUCH TAXES AND ANY
INVESTMENT INCOME THEREON BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN
FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE
CHANGE WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION
CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, THE LIMITS
IMPOSED ON INCREASES IN PROPERTY TAXATION BY SECTION 29-1-301, C.R.S. IN ANY YEAR, OR
ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT
CURRENTLY EXISTS OR AS IT MAYBE AMENDED IN THE FUTURE, ALL WITHOUT LIMITING IN ANY
YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY
THE DISTRICT?
YES
NO
/
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE F (Regional Improvements — Tax Increase)
SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE INCREASED BY $5,000,000 ANNUALLY,
AND BY THE SAME AMOUNT AS ADJUSTED FOR INFLATION PLUS LOCAL GROWTH IN EACH
SUBSEQUENT FISCAL YEAR THEREAFTER, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES
LEVIED IN ANY YEAR AT A RATE OF NOT MORE THAN 99.000 MILLS ON ALL TAXABLE PROPERTY
IN THE DISTRICT, OR BY SUCH LESSER AMOUNT AS NECESSARY TO PAY FOR REGIONAL
IMPROVEMENTS FOR WHICH THE DISTRICT IS AUTHORIZED OR OBLIGATED PURSUANT TO ITS
SERVICE PLAN, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES LEVIED IN ANY YEAR,
WITHOUT LIMITATION AS TO ANY OTHER CONDITION, TO PAY THE COSTS OF REGIONAL
IMPROVEMENTS, AND SHALL THE PROCEEDS OF SUCH TAXES AND ANY INVESTMENT INCOME
THEREON BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN
EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE WITHOUT REGARD
TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X,
SECTION 20 OF THE COLORADO CONSTITUTION, THE LIMITS IMPOSED ON INCREASES IN PROPERTY
TAXATION BY SECTION 29-1-301, C.R.S. IN ANY YEAR, OR ANY OTHER LAW WHICH PURPORTS TO
LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAYBE
Page 3 of 19
AMENDED IN THE FUTURE, ALL WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER
REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES // f IVtL.
(Numeric & Spell Out) (Numeric & Spell Out)
NO
a /
BALLOT ISSUE G (Multiple Fiscal Year Private Agreements — Tax Increase)
SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE INCREASED BY $5,000,000 ANNUALLY,
AND BY THE SAME AMOUNT AS ADJUSTED FOR INFLATION PLUS LOCAL GROWTH IN EACH
SUBSEQUENT FISCAL YEAR THEREAFTER, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES
LEVIED IN ANY YEAR AT A RATE OF NOT MORE THAN 99.000 MILLS ON ALL TAXABLE PROPERTY
IN THE DISTRICT, OR BY SUCH LESSER AMOUNT AS NECESSARY FOR THE PAYMENT OF AMOUNTS
DUE PURSUANT TO ONE OR MORE AGREEMENTS OR OTHER CONTRACTS WITH PRIVATE PARTIES
FOR THE PURPOSE OF FINANCING, DESIGNING, ACQUIRING, CONSTRUCTING, COMPLETING OR
OTHERWISE PROVIDING, AND THE COSTS OF OPERATING AND MAINTAINING, ANY PUBLIC
IMPROVEMENT WHICH THE DISTRICT IS LAWFULLY AUTHORIZED TO PROVIDE, OR FOR ANY
OTHER PURPOSE THAT THE BOARD OF DIRECTORS OF THE DISTRICT DETERMINES TO BE
NECESSARY AND APPROPRIATE, BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES LEVIED
IN ANY YEAR, WITHOUT LIMITATION AS TO ANY OTHER CONDITION, AND SHALL THE PROCEEDS
OF SUCH TAXES AND ANY INVESTMENT INCOME THEREON BE COLLECTED, RETAINED AND SPENT
BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -
APPROVED REVENUE CHANGE WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR
OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO
CONSTITUTION, THE LIMITS IMPOSED ON INCREASES IN PROPERTY TAXATION BY SECTION 29-1-
301, C.R.S. IN ANY YEAR, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S
REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE
FUTURE, ALL WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAYBE
COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES NO
I . D/Cl)
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE H (TABOR Revenue Exemption (De-Brucing))
SHALL REAL WELD METROPOLITAN DISTRICT BE AUTHORIZED TO COLLECT, RECEIVE, RETAIN,
AND SPEND THE FULL AMOUNT OF ALL TAXES, TAX INCREMENT REVENUES, TAP FEES, PARK FEES,
FACILITY FEES, PUBLIC IMPROVEMENT FEES, DEVELOPMENT FEES, IMPACT FEES, SERVICE
CHARGES, INSPECTION CHARGES, ADMINISTRATIVE CHARGES, GRANTS, GIFTS, INVESTMENT
EARNINGS, OR ANY OTHER FEE, RATE, TOLL, PENALTY, CHARGE OR OTHER INCOME AUTHORIZED
BY LAW, COVENANTS OR CONTRACT TO BE IMPOSED, COLLECTED OR RECEIVED BY THE DISTRICT
DURING 2025 AND EACH FISCAL YEAR THEREAFTER, SUCH AMOUNTS TO CONSTITUTE A VOTER -
APPROVED REVENUE CHANGE AND BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT
WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED
WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, THE LIMITS IMPOSED ON
INCREASES IN PROPERTY TAXATION BY SECTION 29-1-301, C.R.S., IN ANY SUBSEQUENT YEAR, OR
ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT
CURRENTLY EXISTS OR AS IT MAYBE AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY
Page 4 of 19
YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED, RECEIVED, RETAINED AND
SPENT BY THE DISTRICT?
YES
/
(Numeric & Spell Out)
NO
C /e
(Numeric & Spell Out)
BALLOT ISSUE I (Street Improvements)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED BY $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAY BE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, STREET IMPROVEMENTS, INCLUDING BUT NOT
LIMITED TO CURBS, GUTTERS, CULVERTS, AND OTHER DRAINAGE FACILITIES, UNDERGROUND
CONDUITS, SIDEWALKS, TRAILS, PUBLIC PARKING LOTS, STRUCTURES AND FACILITIES, PAVING,
LIGHTING, GRADING, LANDSCAPING, BIKE PATHS AND PEDESTRIAN WAYS, PEDESTRIAN
OVERPASSES, RETAINING WALLS, FENCING, ENTRY MONUMENTATION, STREETSCAPING,
BRIDGES, OVERPASSES, UNDERPASSES, INTERCHANGES, MEDIAN ISLANDS, IRRIGATION, AND A
SAFETY PROTECTION SYSTEM THROUGH TRAFFIC AND SAFETY CONTROLS AND DEVICES ON
STREETS AND HIGHWAYS AND AT RAILROAD CROSSINGS, SIGNALIZATION, SIGNING AND
STRIPING, AREA IDENTIFICATION, DRIVER INFORMATION AND DIRECTIONAL ASSISTANCE SIGNS,
TOGETHER WITH ALL NECESSARY, INCIDENTAL, AND APPURTENANT FACILITIES, EQUIPMENT,
LAND AND EASEMENTS AND EXTENSIONS OF AND IMPROVEMENTS TO SUCH FACILITIES, SUCH
DEBT TO BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 15%
PER ANNUM, SUCH INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY
COMPOUND PERIODICALLY AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS,
AND SUCH DEBT TO MATURE, BE SUBJECT TO REDEMPTION WITH OR WITHOUT PREMIUM, AND BE
ISSUED AND SOLD AT, ABOVE OR BELOW PAR, SUCH DEBT TO BE ISSUED OR INCURRED AT ONE
TIME OR FROM TIME TO TIME IN ONE OR MORE SERIES, TO BE PAID FROM ANY LEGALLY
AVA LABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY
TAXES OR SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN AD VALOREM MILL LEVY
IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT LIMITATION OF RATE OR WITH
SUCH LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND IN
AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET FORTH ABOVE OR SUCH LESSER
AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING SUCH DEBT; ALL OF
THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS; AND SHALL THE
PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH TAXES, ANY OTHER REVENUE
USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS THEREON, BE COLLECTED, RETAINED AND
SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A
VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING,
OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO
CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR
EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, AND
Page 5of19
WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT?
YES
M,,
NO
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE J (Parks and Recreation)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED BY $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEI3T WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, PARKS AND RECREATION FACILITIES,
IMPROVEMENTS AND PROGRAMS, INCLUDING BUT NOT LIMITED TO COMMUNITY PARKS, BIKE
PATHS AND PEDESTRIAN WAYS, FENCING, TRAILS, REGIONAL TRAILS, FIELDS, TOT LOTS, OPEN
SPACE, CULTURAL ACTIVITIES, COMMON AREAS, COMMUNITY RECREATION CENTERS, INDOOR
AND OUTDOOR ATHLETIC FIELDS AND COURTS, OUTDOOR LIGHTING, EVENT FACILITIES,
IRRIGATION FACILITIES, LAKES, WATER BODIES, SWIMMING POOLS, PUBLIC FOUNTAINS AND
SCULPTURES, ART, GARDENS, LANDSCAPING, WEED CONTROL, AND OTHER ACTIVE AND PASSIVE
RECREATIONAL FACILITIES, IMPROVEMENTS AND PROGRAMS, TOGETHER WITH ALL NECESSARY,
INCIDENTAL, AND APPURTENANT FACILITIES, EQUIPMENT, LAND, EASEMENTS AND EXTENSIONS
OF AND IMPROVEMENTS TO SUCH FACILITIES, SUCH DEBT TO BEAR INTEREST AT A MAXIMUM
NET EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER ANNUM, SUCH INTEREST TO BE
PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND PERIODICALLY AS MAY BE
DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT
TO REDEMPTION WITH OR WITHOUT PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW
PAR, SUCH DEBT TO BE ISSUED OR INCURRED AT ONE TIME OR FROM TIME TO TIME IN ONE OR
MORE SERIES, TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT,
INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH
TAXES TO CONSIST OF AN AD VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE
DISTRICT, WITHOUT LIMITATION OF RATE OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED
BY THE DISTRICT BOARD OF DIRECTORS, AND IN AMOUNTS SUFFICIENT TO PRODUCE THE
ANNUAL INCREASE SET FORTH ABOVE OR SUCH LESSER AMOUNT AS MAY BE NECESSARY, TO BE
USED FOR THE PURPOSE OF PAYING SUCH DEBT; ALL OF THE ABOVE AS MAY BE DETERMINED BY
THE DISTRICT BOARD OF DIRECTORS; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE
REVENUE FROM SUCH TAXES, ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT
EARNINGS THEREON, BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR
2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE,
WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED
WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH
PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR
AS IT MAY BE AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF
OTHER REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES
/
NO
(Numeric & Spelt Out) (Numeric & Spell Out)
Page 6 of 19
BALLOT ISSUE K (Water)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAY BE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, A POTABLE AND NON -POTABLE WATER SUPPLY,
STORAGE, TRANSMISSION AND DISTRIBUTION SYSTEM FOR DOMESTIC AND OTHER PUBLIC AND
PRIVATE PURPOSES BY ANY AVAILABLE MEANS, AND TO PROVIDE ALL NECESSARY OR PROPER
TREATMENT WORKS AND FACILITIES, EQUIPMENT, AND APPURTENANCES INCIDENT THERETO,
INCLUDING BUT NOT LIMITED TO WELLS, WATER PUMPS, WATER LINES, WATER FEATURES,
PURIFICATION PLANTS, PUMP STATIONS, TRANSMISSION LINES, DISTRIBUTION MAINS AND
LATERALS, FIRE HYDRANTS, METERS, WATER TAPS, IRRIGATION FACILITIES, CANALS, DITCHES,
WATER RIGHTS, FLUMES, PARTIAL FLUMES, HEADGATES, DROP STRUCTURES, STORAGE
RESERVOIRS AND FACILITIES, TOGETHER WITH ALL NECESSARY, INCIDENTAL AND
APPURTENANT FACILITIES, EQUIPMENT, LAND, EASEMENTS, AND EXTENSIONS OF AND
IMPROVEMENTS TO SUCH FACILITIES, SUCH DEBT TO BEAR INTEREST AT A MAXIMUM NET
EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER ANNUM, SUCH INTEREST TO BE PAYABLE AT
SUCH TIME OR TIMES, AND WHICH MAY COMPOUND PERIODICALLY AS MAY BE DETERMINED BY
THE DISTRICT BOARD OF DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT TO REDEMPTION
WITH OR WITHOUT PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW PAR, SUCH DEBT
TO BE ISSUED OR INCURRED AT ONE TIME OR FROM TIME TO TIME IN ONE OR MORE SERIES, TO BE
PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS
OF AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN
AD VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT
LIMITATION OF RATE OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT
BOARD OF DIRECTORS, AND IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET
FORTH ABOVE OR SUCH LESSER AMOUNT AS MAYBE NECESSARY, TO BE USED FOR THE PURPOSE
OF PAYING SUCH DEBT; ALL OF THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF
DIRECTORS; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH
TAXES, ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS THEREON,
BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH
FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO
ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X,
SECTION 20 OF THE COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT
THE DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE
AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER
REVENUES THAT MAYBE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES NO
IU jA,t_.,
(Numeric & Spell Out)
u
(Numeric & Spell Out)
O
BALLOT ISSUE L (Sanitation/Storm Sewer)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
Page 7 of 19
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, A SANITATION SYSTEM WHICH MAY CONSIST
OF STORM OR SANITARY SEWERS, OR BOTH, FLOOD AND SURFACE DRAINAGE, TREATMENT AND
DISPOSAL WORKS AND FACILITIES, OR SOLID WASTE DISPOSAL FACILITIES OR WASTE SERVICES,
AND ALL NECESSARY OR PROPER EQUIPMENT AND APPURTENANCES INCIDENT THERETO,
INCLUDING BUT NOT LIMITED TO TREATMENT PLANTS AND FACILITIES, COLLECTION MAINS AND
LATERALS, LIFT STATIONS, TRANSMISSION LINES, CANALS, SLUDGE HANDLING, REUSE AND
DISPOSAL FACILITIES, AND/OR STORM SEWER, FLOOD AND SURFACE DRAINAGE FACILITIES AND
SYSTEMS, INCLUDING DETENTION/RETENTION PONDS, BOX CULVERTS AND ASSOCIATED
IRRIGATION FACILITIES, EQUIPMENT, LAND, EASEMENTS AND SEWER TAPS, AND EXTENSIONS OF
AND IMPROVEMENTS TO SUCH FACILITIES, SUCH DEBT TO BEAR INTEREST AT A MAXIMUM NET
EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER ANNUM, SUCH INTEREST TO BE PAYABLE AT
SUCH TIME OR TIMES, AND WHICH MAY COMPOUND PERIODICALLY AS MAY BE DETERMINED BY
THE DISTRICT BOARD OF DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT TO REDEMPTION
WITH OR WITHOUT PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW PAR, SUCH DEBT
TO BE ISSUED OR INCURRED AT ONE TIME OR FROM TIME TO TIME IN ONE OR MORE SERIES, TO BE
PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS
OF AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN
AD VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT
LIMITATION OF RATE OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT
BOARD OF DIRECTORS, AND IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET
FORTH ABOVE OR SUCH LESSER AMOUNT AS MAYBE NECESSARY, TO BE USED FOR THE PURPOSE
OF PAYING SUCH DEBT; ALL OF THE ABOVE AS MAYBE DETERMINED BY THE DISTRICT BOARD OF
DIRECTORS; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH
TAXES, ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS THEREON,
BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH
FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO
ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X,
SECTION 20 OF THE COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT
THE DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE
AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER
REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES NO
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE M (Transportation)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, A SYSTEM TO TRANSPORT THE PUBLIC BY BUS,
RAIL OR ANY OTHER MEANS OF CONVEYANCE, OR ANY COMBINATION THEREOF, OR PURSUANT
TO CONTRACT, INCLUDING BUT NOT LIMITED TO PUBLIC TRANSPORTATION SYSTEM
IMPROVEMENTS, TRANSPORTATION EQUIPMENT, PARK AND RIDE FACILITIES, PARKING LOTS,
STRUCTURES, ROOFS, COVERS AND FACILITIES, TOGETHER WITH ALL NECESSARY, INCIDENTAL
Page 8 of 19
AND APPURTENANT FACILITIES, EQUIPMENT, LAND, EASEMENTS, AND ALL NECESSARY
EXTENSIONS OF AND IMPROVEMENTS TO SUCH FACILITIES OR SYSTEMS, SUCH DEBT TO BEAR
INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER ANNUM,
SUCH INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND
PERIODICALLY AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND SUCH
DEBT TO MATURE, BE SUBJECT TO REDEMPTION WITH OR WITHOUT PREMIUM, AND BE ISSUED
AND SOLD AT, ABOVE OR BELOW PAR, SUCH DEBT TO BE ISSUED OR INCURRED AT ONE TIME OR
FROM TIME TO TIME IN ONE OR MORE SERIES, TO BE PAID FROM ANY LEGALLY AVAILABLE
REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR
SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN AD VALOREM MILL LEVY IMPOSED ON
ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT LIMITATION OF RATE OR WITH SUCH
LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND IN
AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET FORTH ABOVE OR SUCH LESSER
AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING SUCH DEBT; ALL OF
THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS; AND SHALL THE
PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH TAXES, ANY OTHER REVENUE
USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS THEREON, BE COLLECTED, RETAINED AND
SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A
VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING,
OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO
CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR
EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, AND
WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAYBE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT?
YES
/ IV
(Numeric & Spell Out) (Numeric & Spell Out)
NO
C.)
BALLOT ISSUE N (Mosquito Control)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, MOSQUITO CONTROL AND ERADICATION
FACILITIES, IMPROVEMENTS, PROGRAMS, EQUIPMENT AND SUPPLIES NECESSARY FOR THE
ELIMINATION OF MOSQUITOES, INCLUDING BUT NOT LIMITED TO THE ELIMINATION OR
TREATMENT OF BREEDING GROUNDS AND PURCHASE, LEASE, CONTRACTING OR OTHER USE OF
EQUIPMENT OR SUPPLIES FOR MOSQUITO CONTROL WITHIN THE BOUNDARIES OF THE DISTRICT,
TOGETHER WITH ALL NECESSARY, INCIDENTAL, AND APPURTENANT FACILITIES, EQUIPMENT,
LAND, EASEMENTS AND EXTENSIONS OF AND IMPROVEMENTS TO SUCH FACILITIES, SUCH DEBT
TO BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER
ANNUM, SUCH INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND
PERIODICALLY AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND SUCH
DEBT TO MATURE, BE SUBJECT TO REDEMPTION WITH OR WITHOUT PREMIUM, AND BE ISSUED
AND SOLD AT, ABOVE OR BELOW PAR, SUCH DEBT TO BE ISSUED OR INCURRED AT ONE TIME OR
FROM TIME TO TIME IN ONE OR MORE SERIES, TO BE PAID FROM ANY LEGALLY AVAILABLE
REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR
SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN AD VALOREM MILL LEVY IMPOSED ON
Page 9 of 19
ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT LIMITATION OF RATE OR WITH SUCH
LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND IN
AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET FORTH ABOVE OR SUCH LESSER
AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING SUCH DEBT; ALL OF
THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS; AND SHALL THE
PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH TAXES, ANY OTHER REVENUE
USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS THEREON, BE COLLECTED, RETAINED AND
SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A
VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING,
OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO
CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR
EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, AND
WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT?
YES M
(Numeric & Spell Out)
NO
1/Cs
(Numeric & Spell Out)
BALLOT ISSUE O (Safety Protection)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, A SAFETY PROTECTION SYSTEM OF TRAFFIC
AND SAFETY CONTROLS AND DEVICES ON STREETS AND HIGHWAYS AND AT RAILROAD
CROSSINGS, INCLUDING BUT NOT LIMITED TO TRAFFIC SIGNALS AND SIGNAGE, AND
CONSTRUCTING UNDERPASSES OR OVERPASSES AT RAILROAD CROSSINGS, TOGETHER WITH ALL
NECESSARY, INCIDENTAL, AND APPURTENANT FACILITIES, EQUIPMENT, LAND, EASEMENTS AND
EXTENSIONS OF AND IMPROVEMENTS TO SUCH FACILITIES, SUCH DEBT TO BEAR INTEREST AT A
MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER ANNUM, SUCH INTEREST TO
BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND PERIODICALLY AS MAY BE
DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT
TO REDEMPTION WITH OR WITHOUT PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW
PAR, SUCH DEBT TO BE ISSUED OR INCURRED AT ONE TIME OR FROM TIME TO TIME IN ONE OR
MORE SERIES, TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT,
INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH
TAXES TO CONSIST OF AN AD VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE
DISTRICT, WITHOUT LIMITATION OF RATE OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED
BY THE DISTRICT BOARD OF DIRECTORS, AND IN AMOUNTS SUFFICIENT TO PRODUCE THE
ANNUAL INCREASE SET FORTH ABOVE OR SUCH LESSER AMOUNT AS MAYBE NECESSARY, TO BE
USED FOR THE PURPOSE OF PAYING SUCH DEBT; ALL OF THE ABOVE AS MAYBE DETERMINED BY
THE DISTRICT BOARD OF DIRECTORS; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE
REVENUE FROM SUCH TAXES, ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT
EARNINGS THEREON, BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR
2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE,
WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED
WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH
PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR
Page 10 of 19
AS IT MAYBE AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF
OTHER REVENUES THAT MAYBE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES
(Numeric & Spell Out)
NO
C /,,,,-
(Numeric & Spell Out)
BALLOT ISSUE P (Television Relay and Translation)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, TELEVISION RELAY AND TRANSLATION SYSTEM
IMPROVEMENTS THROUGH ANY MEANS NECESSARY, INCLUDING BUT NOT LIMITED TO
EQUIPMENT, FACILITIES AND STRUCTURES, TOGETHER WITH ALL NECESSARY, INCIDENTAL, AND
APPURTENANT FACILITIES, EQUIPMENT, LAND, EASEMENTS AND EXTENSIONS OF AND
IMPROVEMENTS TO SUCH FACILITIES, SUCH DEBT TO BEAR INTEREST AT A MAXIMUM NET
EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER ANNUM, SUCH INTEREST TO BE PAYABLE AT
SUCH TIME OR TIMES, AND WHICH MAY COMPOUND PERIODICALLY AS MAY BE DETERMINED BY
THE DISTRICT BOARD OF DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT TO REDEMPTION
WITH OR WITHOUT PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW PAR, SUCH DEBT
TO BE ISSUED OR INCURRED AT ONE TIME OR FROM TIME TO TIME IN ONE OR MORE SERIES, TO BE
PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS
OF AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN
AD VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT
LIMITATION OF RATE OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT
BOARD OF DIRECTORS, AND IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET
FORTH ABOVE OR SUCH LESSER AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE PURPOSE
OF PAYING SUCH DEBT; ALL OF THE ABOVE AS MAYBE DETERMINED BY THE DISTRICT BOARD OF
DIRECTORS; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH
TAXES, ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS THEREON,
BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH
FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO
ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X,
SECTION 20 OF THE COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT
THE DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE
AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER
REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES
tvLi
c)
NO
(Numeric & Spell Out)
(Numeric & Spell Out)
BALLOT ISSUE Q (Security)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
Page 11of19
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, LEASING,
FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING, ACQUIRING,
CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND OTHERWISE PROVIDING, WITHIN
OR WITHOUT THE BOUNDARIES OF THE DISTRICT, SECURITY SERVICES AND IMPROVEMENTS
INCLUDING, BUT NOT LIMITED TO, PERIMETER AND INTERIOR SECURITY PATROLS,
CONSTRUCTION OF SAFETY BARRIERS OR OTHER PROTECTIVE MEASURES, ACQUISITION OF
SECURITY EQUIPMENT, PROTECTION OF PROPERTY FROM UNLAWFUL DAMAGE OR DESTRUCTION,
AND OTHER SECURITY IMPROVEMENTS WHICH MAYBE NECESSARY FOR THE ORDERLY CONDUCT
OF DISTRICT AFFAIRS AND FOR PROTECTION OF THE HEALTH, SAFETY, AND WELFARE OF THE
DISTRICT RESIDENTS, TAXPAYERS, OFFICERS, AND EMPLOYEES, INCLUSIVE OF THE GENERAL
PUBLIC, TOGETHER WITH ALL NECESSARY, INCIDENTAL, AND APPURTENANT FACILITIES,
EQUIPMENT, AND LAND AND EASEMENTS, AND EXTENSIONS OF AND IMPROVEMENTS TO SUCH
FACILITIES, SUCH DEBT TO BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT
TO EXCEED 15% PER ANNUM, SUCH INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND
WHICH MAY COMPOUND PERIODICALLY AS MAY BE DETERMINED BY THE DISTRICT BOARD OF
DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT TO REDEMPTION WITH OR WITHOUT
PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW PAR, SUCH DEBT TO BE ISSUED OR
INCURRED AT ONE TIME OR FROM TIME TO TIME IN ONE OR MORE SERIES, TO BE PAID FROM ANY
LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS OF AD VALOREM
PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN AD VALOREM MILL
LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT LIMITATION OF RATE OR
WITH SUCH LIMITATIONS AS MAYBE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND
IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET FORTH ABOVE OR SUCH
LESSER AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING SUCH DEBT;
ALL OF THE ABOVE AS MAYBE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS; AND SHALL
THE PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH TAXES, ANY OTHER REVENUE
USED TO PAY SUCH DEBT, AND INVESTMENT EARNINGS THEREON, BE COLLECTED, RETAINED AND
SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A
VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING,
OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO
CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR
EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, AND
WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAYBE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT?
YES NO
r--
(Numeric & Spell Out)
i)
(Numeric & Spell Out)
BALLOT ISSUE R (Operations and Maintenance Debt)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, REIMBURSING,
FINANCING OR REFINANCING ALL OR ANY PART OF THE DISTRICT'S OPERATING AND
MAINTENANCE EXPENSES, OR ADVANCES OF OPERATING AND MAINTENANCE EXPENSES MADE
TO THE DISTRICT, SUCH DEBT TO BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE
NOT TO EXCEED 15% PER ANNUM, SUCH INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND
Page 12 of 19
WHICH MAY COMPOUND PERIODICALLY AS MAY BE DETERMINED BY THE DISTRICT BOARD OF
DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT TO REDEMPTION WITH OR WITHOUT
PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW PAR, SUCH DEBT TO BE ISSUED OR
INCURRED AT ONE TIME OR FROM TIME TO TIME IN ONE OR MORE SERIES, TO BE PAID FROM ANY
LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS OF AD VALOREM
PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH TAXES TO CONSIST OF AN AD VALOREM MILL
LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT LIMITATION OF RATE OR
WITH SUCH LIMITATIONS'; AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND
IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET FORTH ABOVE OR SUCH
LESSER AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING SUCH DEBT;
ALL OF THE ABOVE AS MAYBE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS; AND SHALL
THE PROCEEDS OF ANY SUCH DEBT AND THE REVENUE FROM SUCH TAXES, ANY OTHER REVENUE
USED TO PAY SUCH DEBT,;AND INVESTMENT EARNINGS THEREON, BE COLLECTED, RETAINED AND
SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A
VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING,
OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO
CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR
EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, AND
WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT?
YES
NO
t� /=:c‘,O
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE S (Refunding Debt)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE PURPOSE OF PAYING, REFUNDING,
REFINANCING OR DEFEASING ANY OR ALL OF THE DISTRICT'S DEBT, BUT NOT TO EXCEED THE
MAXIMUM NET EFFECTIVE INTEREST RATE OF 15% PER ANNUM, SUCH INTEREST TO BE PAYABLE
AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND PERIODICALLY AS MAY BE DETERMINED
BY THE DISTRICT BOARD OF DIRECTORS, AND SUCH DEBT TO MATURE, BE SUBJECT TO
REDEMPTION WITH OR WITHOUT PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW PAR,
SUCH DEBT TO BE ISSUED OR INCURRED AT ONE TIME OR FROM TIME TO TIME IN ONE OR MORE
SERIES, TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING
THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS; SUCH TAXES TO
CONSIST OF AN AD VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT,
WITHOUT LIMITATION OF RATE OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED BY THE
DISTRICT BOARD OF DIRECTORS, AND IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL
INCREASE SET FORTH ABOVE OR SUCH LESSER AMOUNT AS MAYBE NECESSARY, TO BE USED FOR
THE PURPOSE OF PAYING SUCH DEBT; ALL OF THE ABOVE AS MAY BE DETERMINED BY THE
DISTRICT BOARD OF DIRECTORS; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE
REVENUE FROM SUCH TAXES, ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT
EARNINGS THEREON, BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR
2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE,
WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED
WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH
PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR
Page 13 of 19
AS IT MAY BE AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF
OTHER REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES p !
/
(Numeric & Spell Out)
BALLOT ISSUE T (Intergovernmental Agreement Debt)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
THAN THE INTEREST RATE ON THE REFUNDED DEBT, SUCH DEBT TO CONSIST OF
INTERGOVERNMENTAL AGREEMENTS OR OTHER CONTRACTS WITHOUT LIMIT AS TO TERM WITH
ONE OR MORE POLITICAL SUBDIVISIONS OF THE STATE, GOVERNMENTAL UNITS,
GOVERNMENTALLY -OWNED ENTERPRISES, OR ANY OTHER PUBLIC OR PRIVATE ENTITIES, WHICH
CONTRACTS WILL CONSTITUTE MULTIPLE FISCAL YEAR FINANCIAL OBLIGATIONS AND WHICH
WILL OBLIGATE THE DISTRICT TO PAY, REIMBURSE OR FINANCE, INDIVIDUALLY OR JOINTLY
WITH OTHERS, THE COSTS OF FINANCING, DESIGNING, ACQUIRING, CONSTRUCTING, COMPLETING
OR OTHERWISE PROVIDING, AND THE COSTS OF OPERATING AND MAINTAINING, ANY PUBLIC
IMPROVEMENT, INCLUDING WITHOUT LIMITATION REGIONAL IMPROVEMENTS, FACILITIES,
SYSTEMS, PROGRAMS, OR PROJECTS, WHICH THE DISTRICT IS LAWFULLY AUTHORIZED TO
PROVIDE, ALL AS MAY BE PROVIDED IN SUCH CONTRACTS, SUCH CONTRACT OBLIGATIONS TO
BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER
ANNUM, BE REFINANCED AT A NET EFFECTIVE INTEREST RATE NOT TO EXCEED THE MAXIMUM
NET EFFECTIVE INTEREST RATE WITHOUT ADDITIONAL VOTER APPROVAL AND CONTAIN SUCH
TERMS, NOT INCONSISTENT HEREWITH, AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE;
AND IN CONNECTION THEREWITH SHALL AD VALOREM PROPERTY TAXES BE LEVIED IN ANY
YEAR, WITHOUT LIMITATION AS TO RATE AND IN AN AMOUNT SUFFICIENT TO PAY `THE
OBLIGATIONS OF THE CONTRACTS WHEN DUE, AND SHALL THE PROCEEDS OF THE CONTRACTS,
THE REVENUES FROM ALL TAXES, FROM REVENUE SHARING AGREEMENTS, ANY OTHER
REVENUES USED TO PAY THE OBLIGATIONS OF THE CONTRACTS AND ANY EARNINGS FROM THE
INVESTMENT OF SUCH PROCEEDS AND REVENUES BE COLLECTED, RETAINED AND SPENT BY THE
DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED
REVENUE CHANGE, WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER
LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, OR
ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT
CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY
YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY
THE DISTRICT?
NO
o i <kvt
(Numeric & Spell Out)
YES NO
/
(Numeric & Spell Out)
(Numeric & Spe 1 Out)
BALLOT ISSUE U (Private Agreement Debt)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED $25,000,000 WITH A
REPAYMENT COST OF $175,000,000, AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT WHEN DUE
AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS EQUAL TO, LOWER OR HIGHER
Page 14 of 19
THAN THE INTEREST RATE ON THE REFUNDED DEBT, SUCH DEBT TO CONSIST OF AGREEMENTS OR
OTHER CONTRACTS WITHOUT LIMIT AS TO TERM WITH ONE OR MORE PRIVATE PARTIES, WHICH
CONTRACTS WILL CONSTITUTE MULTIPLE FISCAL YEAR FINANCIAL OBLIGATIONS AND WHICH
WILL OBLIGATE THE DISTRICT TO PAY, REIMBURSE OR FINANCE THE COSTS OF FINANCING,
DESIGNING, ACQUIRING, ; CONSTRUCTING, COMPLETING OR OTHERWISE PROVIDING, AND THE
COSTS OF OPERATING AND MAINTAINING, ANY PUBLIC IMPROVEMENT WHICH THE DISTRICT IS
LAWFULLY AUTHORIZED TO PROVIDE, ALL AS MAY BE PROVIDED IN SUCH CONTRACTS, SUCH
CONTRACT OBLIGATIONS TO BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE
NOT TO EXCEED 15% PER ANNUM, BE REFINANCED AT A NET EFFECTIVE INTEREST RATE NOT TO
EXCEED THE MAXIMUM NET EFFECTIVE INTEREST RATE WITHOUT ADDITIONAL VOTER
APPROVAL, AND CONTAIN SUCH TERMS, NOT INCONSISTENT HEREWITH, AS THE DISTRICT BOARD
OF DIRECTORS MAY DETERMINE; AND IN CONNECTION THEREWITH SHALL AD VALOREM
PROPERTY TAXES BE LEVIED IN ANY YEAR, WITHOUT LIMITATION AS TO RATE AND IN AN
AMOUNT SUFFICIENT TO PAY THE OBLIGATIONS OF THE CONTRACTS WHEN DUE, AND SHALL THE
PROCEEDS OF THE CONTRACTS, THE REVENUES FROM ALL TAXES, FROM REVENUE SHARING
AGREEMENTS, ANY OTHER REVENUES USED TO PAY THE OBLIGATIONS OF THE CONTRACTS AND
ANY EARNINGS FROM THE INVESTMENT OF SUCH PROCEEDS AND REVENUES BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR 2025 AND IN EACH FISCAL YEAR
THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE, WITHOUT REGARD TO ANY SPENDING,
REVENUE -RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE
COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT'S
REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE
FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY
BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES
61( / kit 1Vi�
(Numeric & Spell Out)
NO
O ' z171)
(Numeric & Spell Out)
BALLOT ISSUE V (Directional Drilling Debt)
SHALL REAL WELD METROPOLITAN DISTRICT DEBT BE INCREASED BY $25,000,000 WITH A
REPAYMENT COST OF $175,000,000; AND SHALL REAL WELD METROPOLITAN DISTRICT TAXES BE
INCREASED BY $175,000,000 ANNUALLY OR BY SUCH LESSER AMOUNT AS MAYBE NECESSARY FOR
THE PAYMENT OF SUCH DEBT AND ANY REFUNDINGS THEREOF, AT AN INTEREST RATE THAT IS
EQUAL TO, LOWER OR HIGHER THAN THE INTEREST RATE ON THE REFUNDED DEBT, FOR THE
PURPOSE OF PAYING, LEASING, FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF
DESIGNING, ACQUIRING, CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING AND
OTHERWISE PROVIDING, WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT, FACILITIES
AND IMPROVEMENTS FOR INCREMENTAL DIRECTIONAL DRILLING OF OIL AND GAS WELLS
DRILLED WITHIN THE GREATER WATTENBERG AREA, AS THAT TERM IS DEFINED IN SECTION 24-
65.5-102, C.R.S., AS IT CURRENTLY EXISTS OR MAYBE AMENDED IN THE FUTURE, TOGETHER WITH
ALL NECESSARY, INCIDENTAL AND APPURTENANT FACILITIES, EQUIPMENT, LAND, EASEMENTS,
AND EXTENSIONS OF AND IMPROVEMENTS TO SUCH FACILITIES, SUCH DEBT TO BEAR INTEREST
AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 15% PER ANNUM, SUCH
INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND PERIODICALLY
AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, AND SUCH DEBT TO MATURE,
BE SUBJECT TO REDEMPTION WITH OR WITHOUT PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE
OR BELOW PAR, SUCH DEBT TO BE ISSUED OR INCURRED AT ONE TIME OR FROM TIME TO TIME IN
ONE OR MORE SERIES, TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT,
INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS, ALL
OF ABOVE AS MAY BE DETERMINED BY THE DISTRICT; SUCH TAXES TO CONSIST OF AN AD
VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT
LIMITATION OF RATE OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT
BOARD OF DIRECTORS, AND IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL TAX INCREASE
Page 15 of 19
SET FORTH ABOVE OR BY SUCH LESSER AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE
PURPOSE OF PAYING SUCH DEBT; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE
REVENUE FROM SUCH TAXES, ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT
EARNINGS THEREON BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR
2025 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -APPROVED REVENUE CHANGE,
WITHOUT REGARD TO ANY SPENDING, REVENUE -RAISING, OR OTHER LIMITATION CONTAINED
WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, OR ANY OTHER LAW WHICH
PURPORTS TO LIMIT THE DISTRICT'S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR
AS IT MAYBE AMENDED IN THE FUTURE, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF
OTHER REVENUES THAT MAY BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
YES NO
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE W (Mortgages)
SHALL REAL WELD METROPOLITAN DISTRICT BE AUTHORIZED TO ISSUE, CREATE, EXECUTE, AND
DELIVER MORTGAGES, DEEDS OF TRUST, LIENS, AND OTHER ENCUMBRANCES ON DISTRICT REAL
AND PERSONAL PROPERTY, WHETHER NOW OWNED OR HEREAFTER ACQUIRED, AND INCLUDING
WATER AND WATER RIGHTS, SUCH ENCUMBRANCES TO BE IN THE TOTAL PRINCIPAL AMOUNT OF
NOT MORE THAN $25,000,000, PLUS INTEREST THEREON AT A NET EFFECTIVE INTEREST RATE NOT
IN EXCESS OF 15% PER ANNUM, WITH A REPAYMENT COST OF $175,000,000, ALL AS MAY BE
DETERMINED BY THE BOARD OF DIRECTORS TO BE NECESSARY OR APPROPRIATE IN CONNECTION
WITH THE ISSUANCE OF BONDS, NOTES, CONTRACTS, OR OTHER FINANCIAL OBLIGATIONS OF THE
DISTRICT; SUCH ENCUMBRANCES TO BE CREATED FOR THE PURPOSE OF PROVIDING ADDITIONAL
SECURITY FOR DISTRICT FINANCIAL OBLIGATIONS, AND TO BE CREATED AT ONE TIME OR FROM
TIME TO TIME; SUCH MORTGAGES, DEEDS OF TRUST, LIENS, OR OTHER ENCUMBRANCES TO
ENTITLE THE OWNER OR BENEFICIARY THEREOF TO FORECLOSE UPON AND TAKE TITLE TO AND
POSSESSION OF THE DISTRICT PROPERTY SO ENCUMBERED IN THE MANNER AUTHORIZED BY
LAW, AND IN CONNECTION THEREWITH SHALL THE DISTRICT BE AUTHORIZED TO MAKE SUCH
COVENANTS REGARDING THE USE OF THE ENCUMBERED PROPERTY AND OTHER MATTERS
ARISING UNDER THE ENCUMBRANCES, ALL AS MAY BE DETERMINED BY THE BOARD OF
DIRECTORS OF THE DISTRICT?
YES
/k)I,A.,,
(Ntmteric & Spell Out)
NO
(Numeric & Spell Out)
BALLOT ISSUE X (Multi Fiscal Year IGAs)
SHALL REAL WELD METROPOLITAN DISTRICT BE AUTHORIZED TO ENTER INTO ONE OR MORE
INTERGOVERNMENTAL AGREEMENTS WITH THE STATE OR ONE OR MORE POLITICAL
SUBDIVISIONS OF THE STATE, GOVERNMENTAL UNITS, GOVERNMENTALLY -OWNED
ENTERPRISES, OR OTHER PUBLIC ENTITIES FOR THE PURPOSE OF JOINTLY FINANCING THE COSTS
OF ANY PUBLIC IMPROVEMENTS, FACILITIES, SYSTEMS, PROGRAMS, OR PROJECTS WHICH THE
DISTRICT MAY LAWFULLY PROVIDE, OR FOR THE PURPOSE OF PROVIDING FOR THE OPERATIONS
AND MAINTENANCE OF THE DISTRICT AND ITS PUBLIC IMPROVEMENTS, FACILITIES AND
PROPERTIES, OR FOR ANY OTHER LAWFUL ACTIVITY OF THE DISTRICT, CONTAINING SUCH TERMS
AND CONDITIONS AS THE DISTRICT MAY DETERMINE TO BE NECESSARY AND APPROPRIATE,
WHICH AGREEMENT MAY CONSTITUTE A MULTIPLE FISCAL YEAR FINANCIAL OBLIGATION OF THE
DISTRICT TO THE EXTENT PROVIDED THEREIN AND OTHERWISE AUTHORIZED BY LAW, AND IN
Page 16 of 19
CONNECTION THEREWITH SHALL THE DISTRICT BE AUTHORIZED TO MAKE COVENANTS
REGARDING THE ESTABLISHMENT AND USE OF AD VALOREM TAXES, RATES, FEES, PUBLIC
IMPROVEMENT FEES, TOLLS, PENALTIES, AND OTHER CHARGES OR REVENUES OF THE DISTRICT,
AND COVENANTS, REPRESENTATIONS, AND WARRANTIES AS TO OTHER MATTERS ARISING UNDER
THE AGREEMENTS, ALL AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS?
YES
/
NO
1
(Numeric & Spell Out) (Numeric & Spell Out)
BALLOT ISSUE Y (Multiple Fiscal Year Private Agreements)
SHALL REAL WELD METROPOLITAN DISTRICT BE AUTHORIZED TO ENTER INTO ONE OR MORE
AGREEMENTS WITH PRIVATE PARTIES FOR THE PURPOSE OF FINANCING THE COSTS OF ANY
PUBLIC IMPROVEMENTS, FACILITIES, SYSTEMS, PROGRAMS, OR PROJECTS WHICH THE DISTRICT
MAY LAWFULLY PROVIDE, OR FOR THE PURPOSE OF PROVIDING FOR THE OPERATIONS AND
MAINTENANCE OF THE DISTRICT AND ITS PUBLIC IMPROVEMENTS, FACILITIES AND PROPERTIES,
OR FOR ANY OTHER LAWFUL ACTIVITY OF THE DISTRICT, CONTAINING SUCH TERMS AND
CONDITIONS AS THE DISTRICT MAY DETERMINE TO BE NECESSARY AND APPROPRIATE, WHICH
AGREEMENT MAY CONSTITUTE A MULTIPLE FISCAL YEAR FINANCIAL OBLIGATION OF THE
DISTRICT TO THE EXTENT PROVIDED THEREIN AND OTHERWISE AUTHORIZED BY LAW, AND IN
CONNECTION THEREWITH SHALL THE DISTRICT BE AUTHORIZED TO MAKE COVENANTS
REGARDING THE ESTABLISHMENT AND USE OF AD VALOREM TAXES, RATES, FEES, TOLLS,
PENALTIES, AND OTHER CHARGES OR REVENUES OF THE DISTRICT, AND COVENANTS,
REPRESENTATIONS, AND WARRANTIES AS TO OTHER MATTERS ARISING UNDER THE
AGREEMENTS, ALL AS MAYBE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS?
YES NO
/ Ali tiA,L, n i VO
(Numeric & Spell Out) (Numeric & S ell Out)
)
BALLOT ISSUE Z (Regional Improvements IGAs)
SHALL REAL WELD METROPOLITAN DISTRICT BE AUTHORIZED TO ENTER INTO ONE OR MORE
INTERGOVERNMENTAL AGREEMENTS WITH THE STATE OR ONE OR MORE POLITICAL
SUBDIVISIONS OF THE STATE, GOVERNMENTAL UNITS, GOVERNMENTALLY -OWNED
ENTERPRISES, OR OTHER PUBLIC ENTITIES FOR THE PURPOSE OF JOINTLY FINANCING THE COSTS
OF ANY REGIONAL IMPROVEMENTS, FACILITIES, SYSTEMS, PROGRAMS, OR PROJECTS FOR WHICH
THE DISTRICT IS AUTHORIZED OR OBLIGATED PURSUANT TO ITS SERVICE PLAN, OR FOR ANY
OTHER LAWFUL ACTIVITYOF THE DISTRICT, CONTAINING SUCH TERMS AND CONDITIONS AS THE
DISTRICT MAY DETERMINE TO BE NECESSARY AND APPROPRIATE, WHICH AGREEMENT MAY
CONSTITUTE A MULTIPLE FISCAL YEAR FINANCIAL OBLIGATION OF THE DISTRICT TO THE EXTENT
PROVIDED THEREIN AND OTHERWISE AUTHORIZED BY LAW, AND IN CONNECTION THEREWITH
SHALL THE DISTRICT BE AUTHORIZED TO MAKE COVENANTS REGARDING THE ESTABLISHMENT
AND USE OF AD VALOREM TAXES, RATES, FEES, PUBLIC IMPROVEMENT FEES, TOLLS, PENALTIES,
AND OTHER CHARGES OR REVENUES OF THE DISTRICT, AND COVENANTS, REPRESENTATIONS,
Page 17 of 19
AND WARRANTIES AS TO OTHER MATTERS ARISING UNDER THE AGREEMENTS, ALL AS MAY BE
DETERMINED BY THE DISTRICT BOARD OF DIRECTORS?
YES NO
9 / k)(
(Numeric & Spell Out)
O / vo
(Numeric & Spe 1 Out)
BALLOT ISSUE AA (Property Tax Limit Waiver)
SHALL REAL WELD METROPOLITAN DISTRICT WAIVE THE 5.25% PROPERTY TAX LIMIT
ESTABLISHED IN SECTION 29-1-1702 OF THE COLORADO REVISED STATUTES FOR 2025 AND ALL
FUTURE PROPERTY TAX YEARS?
YES
1tN-
(Numeric& Spell Out) (Numeric & Spe Out)
BALLOT ISSUE BB (Mill Levy Increase Waiver)
SHALL ANY INCREASE IN THE TOTAL NUMBER OF MILLS LEVIED BY REAL WELD METROPOLITAN
DISTRICT FOR 2025 AND EACH FISCAL YEAR THEREAFTER CONSTITUTE A VOTER -APPROVED MILL
LEVY INCREASE PURSUANT TO SECTION 29-1-1705(2)(a) OF THE COLORADO REVISED STATUTES,
AND SHALL THE PROPERTY TAX REVENUE ATTRIBUTABLE TO ANY SUCH INCREASE BE EXCLUDED
FROM ANY APPLICABLE PROPERTY TAX LIMIT IN ACCORDANCE WITH SECTION 29-1-1701(3)(i) OF
THE COLORADO REVISED STATUTES AS IT CURRENTLY EXISTS OR AS IT MAYBE AMENDED IN THE
FUTURE?
NO
YES NO
kJ\ �1
\r0(Numeric & Spell Out)
(Numeric & Spell Out)
Page 18 of 19
JUDGES' CERTIFICATE OF
ELECTION RETURNS AND STATEMENT OF BALLOTS (Continued)
Mail Ballot Election
STATEMENT OF BALLOTS:
It is hereby identified and specified that:
Total Ballots Issued:
Number of Regular Ballots Mailed:
Number of Absentee Ballots Mailed
Number of Emergency Ballots:
Number of Ballots Reissued:
(Numeric & Spell Out)
/
6 /
d /
d /%-c.,-m
Total Ballots Issued: 1 L.{ / A -L f
Total Ballots Returned:
Number of Regular Ballots:
Number of Absentee Ballots
Number of Emergency Ballots:
Number of Reissued Ballots:
/ ►�.t_i
c /
= ,/()
Total Ballots Returned:
Total Ballots Not Counted:
Voided Ballots:
Spoiled Ballots:
Incomplete Ballots:
Unreturned Ballots:
Ballots Returned by the Post Office
Challenged Ballots:
Rejected for Insufficient Information:
• / ,c
O / p
b /two
Total Ballots Not Counted: S- /
Total Ballots Counted:V.)
(equals total issued minus total not counted)
Total Ballots:
(equals total number listed in pollbook)
(All ballots and stubs of ballots voted shall be returned with this statement.)
Certified by usykt.,,,,
/
November 5, 024
, Election Judge
, Election Judge
Page 19 of 19
4994308 11/13/2024 01:59 PM
Total Pages: 1 Rec Fee: $13.00
Carly Koppes - Clerk and Recorder, Weld County , CO
FORM DLG-32
Notice of Special District Authorization or
Issuance of General Obligation Indebtedness
(CRS 32-1-1604)
Name of District:
Real Weld Metropolitan District
Principal Amount:
$375,000,000
Average Interest Rate:
15%
Name of Bond Issue:
Authorizing Election
Credit Enhancement:
N/A
Rating and Rating Agency:
N/A
Dated as of:
November 5, 2024
Final Maturity Date:
N/A
Name and Address of
Underwriter:
N/A
Name and Address of
Bond Counsel:
N/A
Name, Address & Phone of
District Contact Person:
Michael Davis, Esq.
Law Office of Michael E. Davis, LLC
1151 Eagle Drive, Suite 366
Loveland, CO 80537
(720) 324-3130
District is required to record with the County Clerk and Recorder within 30 days of Authorization or
Issuance. A copy should be sent to the Division of Local Government.
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