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HomeMy WebLinkAbout20233485.tiff ®®� RECEIVED ICENOGLE SEAVER POGUE N0V 2 7 2023 WELD COUNTY November 22,2023 COMMISSIONERS VIA CERTIFIED MAIL/ VIA CERTIFIED MAIL/ RETURN RECEIPT REQUESTED RETURN RECEIPT REQUESTED County Commissioners Colorado Division of Securities Weld County 1560 Broadway,Suite 900 P.O.Box 758 Denver,CO 80202 Greeley,CO 80632 Re: Kiteley Ranch Metropolitan District Certification of Authorization of General Obligation Debt To Whom It May Concern: Pursuant to§32-1-1101.5,C.R.S.,the results of special district ballot issue elections to incur general obligation indebtedness shall be certified to the board of county commissioners of each county in which the special district is located or the governing body of a municipality that has adopted a resolution of approval of the special district.We are general counsel to the Kiteley Ranch Metropolitan District.The information for the District,as required by§32-1-1101.5,C.R.S.,is certified in the Board of Canvassers Certificate of Election Results and in Exhibit A,attached hereto. If you have any questions regarding the enclosed or require any additional information please do not hesitate to contact our office. Sincerely, ICENOGLE SEAVER POGUE A Professional Corporation aAA(AA Alicia J.Corley (j{itir /AJC Enclosure cc: Jennifer L.Ivey 4725 S.Monaco St.,Suite 360 I Denver,CO 80237 I 303.292.9100 I fax 303.292.9101 I www.isp-law.com COMMun:Gal-7o rIS 2023-3485 12./oy sDot29 EXHIBIT A CERTIFICATION OF GENERAL OBLIGATION DEBT AUTHORIZED NOVEMBER 7,2023 (§32-1-1101.5,C.R.S.) District Name: Kiteley Ranch Metropolitan District County: Weld Date of Authorization: November 7,2023 Amount: $30,000,000 of General Obligation Water $30,000,000 of General Obligation Sanitation $30,000,000 of General Obligation Streets $30,000,000 of General Obligation Safety Protection $30,000,000 of General Obligation Parks and Recreation $30,000,000 of General Obligation Transportation $30,000,000 of General Obligation Television Relay and Translation $30,000,000 of General Obligation Mosquito Control $30,000,000 of General Obligation Fire Protection&Emergency Medical $30,000,000 of General Obligation Operations and Maintenance Debt $30,000,000 of General Obligation Oil and Gas Debt $30,000,000 of General Obligation Refunding Debt $30,000,000 of General Obligation Intergovernmental Agreement Debt $30,000,000 of General Obligation Mortgage $60,000,000 of General Obligation Reimbursement Agreements $30,000,000 of General Obligation Construction Management Agreement $30,000,000 of General Obligation Water-Revenue Principal Amount Issued: -0- BOARD OF CANVASSERS CERTIFICATE OF ELECTION RESULTS FOR THE SPECIAL ELECTION HELD NOVEMBER 7,2023 §1-13.5-1305(1),C.R.S. KITELEY RANCH METROPOLITAN DISTRICT Each of the undersigned members of the board of canvassers of the District certifies that the following is a true and correct statement of the results of the Independent Mail Ballot Election for the above- named District,at which time the eligible electors of the District voted as indicated on the attached Judges'Certificate of Election Returns. Ballots counted for and against the ballot questions as follows: YES NO Issue 6A: (p 0 Issue 6B: 0 Issue 6C: b Issue 6D: (p O Issue 6E: {p 0 Issue 6F: (O 0 Issue 6G: 5 O Issue 6H: 5 0 Issue 6I: L- Issue 6J: �1 0 Issue 6K: (p 0 Issue 6L: (., 0 Issue 6M: (0 0 Issue 6N: 4' ,p2. Issue 6O: i, O Issue 6P: (v 0 Issue 6Q: ( O Issue 6R: 10 0 Issue 6S: to Issue 6T: C v Issue 6U: (0 0 Question 6A: °2 1 (Signed) 141.00/14 1`17-A022) Designat Election Official Dated (Signed) ll-Is Canvass _ Dated 11-11514,02, (Signed) Canvasser Dated CONTACT PERSON FOR THE DISTRICT: Jennifer L.Ivey,Esq. Icenogle Seaver Pogue,P.C. 4725 South Monaco Street,Suite 360 Denver,Colorado 80202 (303)867-3003 Prepare Certificate of Election and deposit one copy with the Clerk and Recorder of each county in which the special district is located.This must be available for public inspection in the office of the Designated Election Official. Send one copy of this certificate to: Division of Local Government 1313 Sherman Street,Room 521 Denver,CO 80203 Provide a list of all current directors to the division,including addresses,within 45 days after the election. (Attach copy of Judges'Certificate of Election Returns) 2 JUDGES'CERTIFICATE OF ELECTION RETURNS AND STATEMENT OF BALLOTS FOR KITELEY RANCH METROPOLITAN DISTRICT §1-13.5-613,C.R.S. IT IS HEREBY CERTIFIED by the undersigned,who conducted an independent mail ballot election for the above named District,on the 7th day of November 2023,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 the ballot questions and ballot issues duly submitted. That the votes cast for and against the ballot questions and ballot issues submitted were as follows: BALLOT ISSUE 6A(Operations and Maintenance Mill Levy—Ad Valorem Taxes) SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED $5,000,000 ANNUALLY,OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE DISTRICT'S OPERATIONS, COVENANT ENFORCEMENT, DESIGN REVIEW, MAINTENANCE,AND OTHER EXPENSES: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 THE DISTRICT'S OPERATIONS, COVENANT ENFORCEMENT,DESIGN REVIEW,MAINTENANCE,AND OTHER EXPENSES; AND SHALL THE PROCEEDS OF SUCH TAXES AND INVESTMENT INCOME THEREON BE COLLECTED AND SPENT BY THE DISTRICT AS A VOTER-APPROVED REVENUE CHANGE IN 2023 AND IN EACH YEAR THEREAFTER,WITHOUT REGARD TO ANY SPENDING,REVENUE- RAISING,OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X,SECTION 20 OF THE COLORADO CONSTITUTION,OR SECTION 29-1-301,COLORADO REVISED STATUTES,AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? YES X. (Numeri(c�&Spelled Out) V NO -Wu' (Numeric&Spelled Out) BALLOT ISSUE 6B(Multiple Fiscal Year IGA Mill Levy Question) SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$5,000,000 ANNUALLY OR SUCH LESSER AMOUNT AS NECESSARY FOR THE PAYMENT OF SUCH 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 RATE OR AMOUNT OR ANY OTHER CONDITION FOR THE PAYMENT OF SUCH AMOUNTS DUE,OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS,AND SHALL THE PROCEEDS OF SUCH TAXES AND ANY INVESTMENT INCOME THEREON BE COLLECTED,RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR 2020 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 1rC (Numeric&Spelledrl NO v tUlif (Numeric&Spelled Out) BALLOT ISSUE 6C(TABOR Exemption-Non-Ad Valorem Tax Revenues) SHALL KITELEY RANCH METROPOLITAN DISTRICT BE AUTHORIZED TO COLLECT, RETAIN, AND SPEND ANY AND ALL AMOUNTS ANNUALLY FROM ANY REVENUE SOURCES WHATSOEVER OTHER THAN AD VALOREM TAXES, INCLUDING BUT NOT LIMITED TO TAP FEES, FACILITY FEES, SERVICE CHARGES,INSPECTION CHARGES, ADMINISTRATIVE CHARGES,GRANTS,OR ANY OTHER FEE,RATE,TOLL,PENALTY, INCOME,OR CHARGE IMPOSED,COLLECTED,OR AUTHORIZED BY LAW TO BE IMPOSED OR COLLECTED BY THE DISTRICT,AND SHALL SUCH REVENUES BE COLLECTED AND SPENT BY THE DISTRICT 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,AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? (e ( YES �t t✓` (Numeric&Spelled Out) NO V ttJ V" (Numeric&Spelled Out) BALLOT ISSUE 6D(Water) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED$30,000,000, WITH A REPAYMENT COST OF$165,000,000;AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$165,000,000 ANNUALLY,OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE DISTRICT'S DEBT:SUCH DEBT TO CONSIST OF GENERAL OBLIGATION BONDS, SPECIAL ASSESSMENT BONDS, OR OTHER OBLIGATIONS,INCLUDING CONTRACTS,ISSUED OR INCURRED FOR THE PURPOSE OF PAYING, REIMBURSING, OR FINANCING ALL OR ANY PART OF THE COSTS OF ACQUIRING, CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING, AND OTHERWISE PROVIDING,WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT,A COMPLETE POTABLE AND NON-POTABLE WATER SUPPLY,STORAGE,TRANSMISSION, AND DISTRIBUTION SYSTEM,INCLUDING BUT NOT LIMITED TO TRANSMISSION LINES, DISTRIBUTION MAINS AND LATERALS, IRRIGATION FACILITIES, AND STORAGE FACILITIES, TOGETHER WITH ALL NECESSARY, INCIDENTAL, AND APPURTENANT FACILITIES, EQUIPMENT, LAND, AND EASEMENTS, AND EXTENSIONS OF AND IMPROVEMENTS TO SAID FACILITIES, SUCH DEBT TO BEAR INTEREST AT A NET EFFECTIVE INTEREST RATE NOT IN EXCESS 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,SUCH DEBT TO BE SOLD AT ONE TIME OR FROM TIME TO TIME IN ONE SERIES OR MORE AT A PRICE ABOVE, BELOW,OR EQUAL TO THE PRINCIPAL AMOUNT OF SUCH DEBT AND ON SUCH TERMS AND CONDITIONS AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF PREMIUM IN AN AMOUNT DETERMINED BY THE DISTRICT BOARD OF DIRECTORS,SUCH DEBT TO BE PAID FROM ANY LEGALLY AVAILABLE MONEYS OF THE DISTRICT,INCLUDING SPECIAL ASSESSMENTS OR THE PROCEEDS OF AD VALOREM PROPERTY TAXES;SUCH TAXES TO CONSIST OF SPECIAL ASSESSMENTS OR 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 SOLELY FOR THE PURPOSE OF PAYING THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON THE DISTRICT'S DEBT; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE PROCEEDS OF SUCH TAXES,ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT INCOME THEREON, BE COLLECTED AND SPENT BY THE DISTRICT 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,AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? YES I 41 4. (Numeric&Spelleddr Out) NO O 'W (Numeric&Spelled Out) BALLOT ISSUE 6E(Sanitation) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED$30,000,000, WITH A REPAYMENT COST OF$165,000,000;AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$165,000,000 ANNUALLY,OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE DISTRICT'S DEBT:SUCH DEBT TO CONSIST OF GENERAL OBLIGATION BONDS, SPECIAL ASSESSMENT BONDS, OR OTHER OBLIGATIONS,INCLUDING CONTRACTS,ISSUED OR INCURRED FOR THE PURPOSE OF PAYING, REIMBURSING, OR FINANCING ALL OR ANY PART OF THE COSTS OF ACQUIRING, CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING, AND OTHERWISE PROVIDING,WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT,A COMPLETE LOCAL SANITARY SEWAGE COLLECTION AND TRANSMISSION SYSTEM, INCLUDING BUT NOT LIMITED TO COLLECTION MAINS AND LATERALS,TRANSMISSION LINES, TREATMENT FACILITIES, STORM SEWER, FLOOD, AND SURFACE DRAINAGE FACILITIES AND SYSTEMS,SOLID WASTE DISPOSAL FACILITIES OR WASTE SERVICES, AND DETENTION AND RETENTION PONDS, TOGETHER WITH ALL NECESSARY, INCIDENTAL,AND APPURTENANT FACILITIES,EQUIPMENT,LAND,AND EASEMENTS, AND EXTENSIONS OF AND IMPROVEMENTS TO SAID FACILITIES,SUCH DEBT TO BEAR INTEREST AT A NET EFFECTIVE INTEREST RATE NOT IN EXCESS 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,SUCH DEBT TO BE SOLD AT ONE TIME OR FROM TIME TO TIME IN ONE SERIES OR MORE AT A PRICE ABOVE,BELOW,OR EQUAL TO THE PRINCIPAL AMOUNT OF SUCH DEBT AND ON SUCH TERMS AND CONDITIONS AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF PREMIUM IN AN AMOUNT DETERMINED BY THE DISTRICT BOARD OF DIRECTORS,SUCH DEBT TO BE PAID FROM ANY LEGALLY AVAILABLE MONEYS OF THE DISTRICT,INCLUDING SPECIAL ASSESSMENTS OR THE PROCEEDS OF AD VALOREM PROPERTY TAXES;SUCH TAXES TO CONSIST OF SPECIAL ASSESSMENTS OR 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 SOLELY FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,PREMIUM IF ANY,AND INTEREST ON THE DISTRICT'S DEBT;AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE PROCEEDS OF SUCH TAXES,ANY OTHER REVENUE USED TO PAY SUCH DEBT,AND INVESTMENT INCOME THEREON,BE COLLECTED AND SPENT BY THE DISTRICT 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,AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? YES (Numeric&Spelled Out) NO V tu-Lk} (Numeric&Spelled Out) BALLOT ISSUE 6F(Streets) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED$30,000,000, WITH A REPAYMENT COST OF$165,000,000;AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$165,000,000 ANNUALLY,OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE DISTRICT'S DEBT:SUCH DEBT TO CONSIST OF GENERAL OBLIGATION BONDS, SPECIAL ASSESSMENT BONDS, OR OTHER OBLIGATIONS,INCLUDING CONTRACTS,ISSUED OR INCURRED FOR THE PURPOSE OF PAYING, REIMBURSING, OR FINANCING ALL OR ANY PART OF THE COSTS OF 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,OTHER DRAINAGE FACILITIES,SIDEWALKS,BRIDGES,PARKING FACILITIES, PAVING,LIGHTING,GRADING,LANDSCAPING,AND OTHER STREET IMPROVEMENTS, TOGETHER WITH ALL NECESSARY, INCIDENTAL, AND APPURTENANT FACILITIES, EQUIPMENT,LAND,AND EASEMENTS,AND EXTENSIONS OF AND IMPROVEMENTS TO SAID FACILITIES,SUCH DEBT TO BEAR INTEREST AT A NET EFFECTIVE INTEREST RATE NOT IN EXCESS 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,SUCH DEBT TO BE SOLD AT ONE TIME OR FROM TIME TO TIME IN ONE SERIES OR MORE AT A PRICE ABOVE,BELOW,OR EQUAL TO THE PRINCIPAL AMOUNT OF SUCH DEBT AND ON SUCH TERMS AND CONDITIONS AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF PREMIUM IN AN AMOUNT DETERMINED BY THE DISTRICT BOARD OF DIRECTORS,SUCH DEBT TO BE PAID FROM ANY LEGALLY AVAILABLE MONEYS OF THE DISTRICT, INCLUDING SPECIAL ASSESSMENTS OR THE PROCEEDS OF AD VALOREM PROPERTY TAXES;SUCH TAXES TO CONSIST OF SPECIAL ASSESSMENTS OR 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 SOLELY FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,PREMIUM IF ANY,AND INTEREST ON THE DISTRICT'S DEBT;AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE PROCEEDS OF SUCH TAXES,ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT INCOME THEREON,BE COLLECTED AND SPENT BY THE DISTRICT 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, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? LI YES (Numeric& { uut)) NO 6 J`u" te (Numeric&Spelled Out) BALLOT ISSUE 6G(Safety Protection) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED$30,000,000, WITH A REPAYMENT COST OF$165,000,000;AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$165,000,000 ANNUALLY,OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE DISTRICT'S DEBT:SUCH DEBT TO CONSIST OF GENERAL OBLIGATION BONDS, SPECIAL ASSESSMENT BONDS, OR OTHER OBLIGATIONS,INCLUDING CONTRACTS,ISSUED OR INCURRED FOR THE PURPOSE OF PAYING, REIMBURSING, OR FINANCING ALL OR ANY PART OF THE COSTS OF ACQUIRING, CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING, AND OTHERWISE PROVIDING,WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT,A SYSTEM OF TRAFFIC AND SAFETY CONTROLS AND DEVICES ON STREETS AND HIGHWAYS AND AT RAILROAD CROSSINGS,INCLUDING BUT NOT LIMITED TO TRAFFIC SIGNALS, TOGETHER WITH ALL NECESSARY, INCIDENTAL, AND APPURTENANT FACILITIES, EQUIPMENT, LAND, AND EASEMENTS, AND EXTENSIONS OF AND IMPROVEMENTS TO SAID FACILITIES, SUCH DEBT TO BEAR INTEREST AT A NET EFFECTIVE INTEREST RATE NOT IN EXCESS 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,SUCH DEBT TO BE SOLD AT ONE TIME OR FROM TIME TO TIME IN ONE SERIES OR MORE AT A PRICE ABOVE, BELOW,OR EQUAL TO THE PRINCIPAL AMOUNT OF SUCH DEBT AND ON SUCH TERMS AND CONDITIONS AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF PREMIUM IN AN AMOUNT DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, SUCH DEBT TO BE PAID FROM ANY LEGALLY AVAILABLE MONEYS OF THE DISTRICT,INCLUDING SPECIAL ASSESSMENTS OR THE PROCEEDS OF AD VALOREM PROPERTY TAXES;SUCH TAXES TO CONSIST OF SPECIAL ASSESSMENTS OR 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 SOLELY FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,PREMIUM IF ANY, AND INTEREST ON THE DISTRICTS DEBT; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE PROCEEDS OF SUCH TAXES,ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT INCOME THEREON, BE COLLECTED AND SPENT BY THE DISTRICT 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,AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? YES yvo (Numeric&Spelled Out) NO (V) (Numeric&Spelled Out) BALLOT ISSUE 6II(Parks and Recreation) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED$30,000,000, WITH A REPAYMENT COST OF$165,000,000;AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$165,000,000 ANNUALLY,OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE DISTRICT'S DEBT:SUCH DEBT TO CONSIST OF GENERAL OBLIGATION BONDS, SPECIAL ASSESSMENT BONDS, OR OTHER OBLIGATIONS,INCLUDING CONTRACTS,ISSUED OR INCURRED FOR THE PURPOSE OF PAYING, REIMBURSING, OR FINANCING ALL OR ANY PART OF THE COSTS OF ACQUIRING, CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING, AND OTHERWISE PROVIDING,WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT, PARKS AND RECREATIONAL FACILITIES,IMPROVEMENTS,AND PROGRAMS,INCLUDING BUT NOT LIMITED TO PARKS,BIKE PATHS AND PEDESTRIAN WAYS, OPEN SPACE, LANDSCAPING,CULTURAL FACILITIES,COMMUNITY RECREATION CENTERS,WATER BODIES, IRRIGATION FACILITIES, AND OTHER ACTIVE AND PASSIVE RECREATION FACILITIES AND PROGRAMS,TOGETHER WITH ALL NECESSARY, INCIDENTAL, AND APPURTENANT FACILITIES,EQUIPMENT,LAND,AND EASEMENTS,AND EXTENSIONS OF AND IMPROVEMENTS TO SAID FACILITIES,SUCH DEBT TO BEAR INTEREST AT A NET EFFECTIVE INTEREST RATE NOT IN EXCESS 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,SUCH DEBT TO BE SOLD AT ONE TIME OR FROM TIME TO TIME IN ONE SERIES OR MORE AT A PRICE ABOVE, BELOW,OR EQUAL TO THE PRINCIPAL AMOUNT OF SUCH DEBT AND ON SUCH TERMS AND CONDITIONS AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF PREMIUM IN AN AMOUNT DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, SUCH DEBT TO BE PAID FROM ANY LEGALLY AVAILABLE MONEYS OF THE DISTRICT,INCLUDING SPECIAL ASSESSMENTS OR THE PROCEEDS OF AD VALOREM PROPERTY TAXES;SUCH TAXES TO CONSIST OF SPECIAL ASSESSMENTS OR 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 SOLELY FOR THE PURPOSE OF PAYING THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON THE DISTRICT'S DEBT; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE PROCEEDS OF SUCH TAXES,ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT INCOME THEREON, BE COLLECTED AND SPENT BY THE DISTRICT 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,AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? YES (Numeric&Spelled Out) NO " ' WV (Numeric&Spelled Out) BALLOT ISSUE 6I(Transportation) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED$30,000,000, WITH A REPAYMENT COST OF$165,000,000;AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$165,000,000 ANNUALLY,OR BY SUCH LESSER ANNUAL AMOUNT AS MAYBE NECESSARY TO PAY THE DISTRICT'S DEBT:SUCH DEBT TO CONSIST OF GENERAL OBLIGATION BONDS, SPECIAL ASSESSMENT BONDS, OR OTHER OBLIGATIONS,INCLUDING CONTRACTS,ISSUED OR INCURRED FOR THE PURPOSE OF PAYING, REIMBURSING, OR FINANCING ALL OR ANY PART OF THE COSTS OF 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,INCLUDING BUT NOT LIMITED TO PUBLIC TRANSPORTATION SYSTEM IMPROVEMENTS, TRANSPORTATION EQUIPMENT, PARK AND RIDE FACILITIES,PUBLIC PARKING LOTS,STRUCTURES,ROOFS,COVERS,AND FACILITIES, TOGETHER WITH ALL NECESSARY, INCIDENTAL, AND APPURTENANT FACILITIES, EQUIPMENT, LAND, AND EASEMENTS, AND EXTENSIONS OF AND IMPROVEMENTS TO SAID FACILITIES, SUCH DEBT TO BEAR INTEREST AT A NET EFFECTIVE INTEREST RATE NOT IN EXCESS 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,SUCH DEBT TO BE SOLD AT ONE TIME OR FROM TIME TO TIME IN ONE SERIES OR MORE AT A PRICE ABOVE, BELOW,OR EQUAL TO THE PRINCIPAL AMOUNT OF SUCH DEBT AND ON SUCH TERMS AND CONDITIONS AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF PREMIUM IN AN AMOUNT DETERMINED BY THE DISTRICT BOARD OF DIRECTORS,SUCH DEBT TO BE PAID FROM ANY LEGALLY AVAILABLE MONEYS OF THE DISTRICT,INCLUDING SPECIAL ASSESSMENTS OR THE PROCEEDS OF AD VALOREM PROPERTY TAXES;SUCH TAXES TO CONSIST OF SPECIAL ASSESSMENTS OR 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 SOLELY FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,PREMIUM IF ANY,AND INTEREST ON THE DISTRICT'S DEBT; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE PROCEEDS OF SUCH TAXES,ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT INCOME THEREON, BE COLLECTED AND SPENT BY THE DISTRICT 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,AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? YES tfrwii v (Numeric Spelled Out NO (Numeric&Spelled Out) BALLOT ISSUE 6J(Television Relay and Translation) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED$30,000,000, WITH A REPAYMENT COST OF$165,000,000;AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$165,000,000 ANNUALLY,OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE DISTRICT'S DEBT:SUCH DEBT TO CONSIST OF GENERAL OBLIGATION BONDS, SPECIAL ASSESSMENT BONDS, OR OTHER OBLIGATIONS,INCLUDING CONTRACTS,ISSUED OR INCURRED FOR THE PURPOSE OF PAYING, REIMBURSING, OR FINANCING ALL OR ANY PART OF THE COSTS OF ACQUIRING, CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING, AND OTHERWISE PROVIDING,WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT, TELEVISION RELAY AND TRANSLATION SYSTEM IMPROVEMENTS,INCLUDING BUT NOT LIMITED TO EQUIPMENT, FACILITIES, AND STRUCTURES, TOGETHER WITH ALL NECESSARY,INCIDENTAL,AND APPURTENANT FACILITIES,EQUIPMENT,LAND,AND EASEMENTS,AND EXTENSIONS OF AND IMPROVEMENTS TO SAID FACILITIES,SUCH DEBT TO BEAR INTEREST AT A NET EFFECTIVE INTEREST RATE NOT IN EXCESS 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,SUCH DEBT TO BE SOLD AT ONE TIME OR FROM TIME TO TIME IN ONE SERIES OR MORE AT A PRICE ABOVE,BELOW,OR EQUAL TO THE PRINCIPAL AMOUNT OF SUCH DEBT AND ON SUCH TERMS AND CONDITIONS AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE,INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF PREMIUM IN AN AMOUNT DETERMINED BY THE DISTRICT BOARD OF DIRECTORS,SUCH DEBT TO BE PAID FROM ANY LEGALLY AVAILABLE MONEYS OF THE DISTRICT, INCLUDING SPECIAL ASSESSMENTS OR THE PROCEEDS OF AD VALOREM PROPERTY TAXES;SUCH TAXES TO CONSIST OF SPECIAL ASSESSMENTS OR 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 SOLELY FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,PREMIUM IF ANY,AND INTEREST ON THE DISTRICT'S DEBT;AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE PROCEEDS OF SUCH TAXES,ANY OTHER REVENUE USED TO PAY SUCH DEBT,AND INVESTMENT INCOME THEREON, BE COLLECTED AND SPENT BY THE DISTRICT 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, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? YES Lt. 1211-4- (Numeric&Spelled Out)j� NO ��/t/l (Numeric&Spelled Out) BALLOT ISSUE 6K(Mosquito Control) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED$30,000,000, WITH A REPAYMENT COST OF$165,000,000;AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$165,000,000 ANNUALLY,OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE DISTRICT'S DEBT:SUCH DEBT TO CONSIST OF GENERAL OBLIGATION BONDS, SPECIAL ASSESSMENT BONDS, OR OTHER OBLIGATIONS,INCLUDING CONTRACTS,ISSUED OR INCURRED FOR THE PURPOSE OF PAYING, REIMBURSING, OR FINANCING ALL OR ANY PART OF THE COSTS OF ACQUIRING, CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING, AND OTHERWISE PROVIDING,WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT, FACILITIES,PROPERTIES,AND EQUIPMENT FOR THE ELIMINATION AND CONTROL OF MOSQUITOES,TOGETHER WITH ALL NECESSARY, INCIDENTAL,AND APPURTENANT FACILITIES, EQUIPMENT, LAND, AND EASEMENTS, AND EXTENSIONS OF AND IMPROVEMENTS TO SAID FACILITIES, SUCH DEBT TO BEAR INTEREST AT A NET EFFECTIVE INTEREST RATE NOT IN EXCESS 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,SUCH DEBT TO BE SOLD AT ONE TIME OR FROM TIME TO TIME IN ONE SERIES OR MORE AT A PRICE ABOVE, BELOW,OR EQUAL TO THE PRINCIPAL AMOUNT OF SUCH DEBT AND ON SUCH TERMS AND CONDITIONS AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF PREMIUM IN AN AMOUNT DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, SUCH DEBT TO BE PAID FROM ANY LEGALLY AVAILABLE MONEYS OF THE DISTRICT,INCLUDING SPECIAL ASSESSMENTS OR THE PROCEEDS OF AD VALOREM PROPERTY TAXES;SUCH TAXES TO CONSIST OF SPECIAL ASSESSMENTS OR 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 SOLELY FOR THE PURPOSE OF PAYING THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON THE DISTRICT'S DEBT; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE PROCEEDS OF SUCH TAXES,ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT INCOME THEREON, BE COLLECTED AND SPENT BY THE DISTRICT 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,AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? YES (Numeric&Spelled Out) NO (Numeric&Spelled Out) BALLOT ISSUE 6L(Fire Protection and Emergency Medical) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED$30,000,000, WITH A REPAYMENT COST OF$165,000,000;AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$165,000,000 ANNUALLY,OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE DISTRICT'S DEBT:SUCH DEBT TO CONSIST OF GENERAL OBLIGATION BONDS, SPECIAL ASSESSMENT BONDS, OR OTHER OBLIGATIONS,INCLUDING CONTRACTS,ISSUED OR INCURRED FOR THE PURPOSE OF PAYING, REIMBURSING, OR FINANCING ALL OR ANY PART OF THE COSTS OF ACQUIRING, CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING, AND OTHERWISE PROVIDING,WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT,FIRE PROTECTION AND AMBULANCE AND EMERGENCY MEDICAL AND RESCUE SERVICES FACILITIES AND IMPROVEMENTS,TOGETHER WITH ALL NECESSARY,INCIDENTAL,AND APPURTENANT FACILITIES,EQUIPMENT,LAND,AND EASEMENTS,AND EXTENSIONS OF AND IMPROVEMENTS TO SAID FACILITIES,SUCH DEBT TO BEAR INTEREST AT A NET EFFECTIVE INTEREST RATE NOT IN EXCESS 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,SUCH DEBT TO BE SOLD AT ONE TIME OR FROM TIME TO TIME IN ONE SERIES OR MORE AT A PRICE ABOVE, BELOW,OR EQUAL TO THE PRINCIPAL AMOUNT OF SUCH DEBT AND ON SUCH TERMS AND CONDITIONS AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF PREMIUM IN AN AMOUNT DETERMINED BY THE DISTRICT BOARD OF DIRECTORS, SUCH DEBT TO BE PAID FROM ANY LEGALLY AVAILABLE MONEYS OF THE DISTRICT,INCLUDING SPECIAL ASSESSMENTS OR THE PROCEEDS OF AD VALOREM PROPERTY TAXES;SUCH TAXES TO CONSIST OF SPECIAL ASSESSMENTS OR 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 SOLELY FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,PREMIUM IF ANY,AND INTEREST ON THE DISTRICT'S DEBT; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE PROCEEDS OF SUCH TAXES,ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT INCOME THEREON, BE COLLECTED AND SPENT BY THE DISTRICT 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,AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? YES (Numeric&Spelled Out) NO U 'IP" (Numeric&Spelled Out) BALLOT ISSUE 6M(Operations and Maintenance Debt) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT,BE INCREASED$30,000,000, WITH A REPAYMENT COST OF$165,000,000;AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$165,000,000 ANNUALLY,OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE DISTRICT'S DEBT:SUCH DEBT TO CONSIST OF GENERAL OBLIGATION BONDS, SPECIAL ASSESSMENT BONDS, OR OTHER OBLIGATIONS.INCLUDING CONTRACTS,ISSUED OR INCURRED TO PAY THE COSTS OF OPERATING, MAINTAINING, OR OTHERWISE PROVIDING SYSTEMS, OPERATIONS, COVENANT ENFORCEMENT,DESIGN REVIEW AND ADMINISTRATION TO CARRY OUT THE OBJECTS AND PURPOSES FOR WHICH THE DISTRICT WAS ORGANIZED,TOGETHER WITH ALL NECESSARY, INCIDENTAL AND APPURTENANT PROPERTIES, FACILITIES, EQUIPMENT,PERSONNEL,CONTRACTORS,CONSULTANTS,AND COSTS AND ALL LAND, EASEMENTS,AND APPURTENANCES NECESSARY OR APPROPRIATE IN CONNECTION THEREWITH,SUCH DEBT TO BEAR INTEREST AT A NET EFFECTIVE INTEREST RATE NOT IN EXCESS 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,SUCH DEBT TO BE SOLD AT ONE TIME OR FROM TIME TO TIME IN ONE SERIES OR MORE AT A PRICE ABOVE,BELOW,OR EQUAL TO THE PRINCIPAL AMOUNT OF SUCH DEBT AND ON SUCH TERMS AND CONDITIONS AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF PREMIUM IN AN AMOUNT DETERMINED BY THE DISTRICT BOARD OF DIRECTORS,SUCH DEBT TO BE PAID FROM ANY LEGALLY AVAILABLE MONEYS OF THE DISTRICT, INCLUDING SPECIAL ASSESSMENTS OR THE PROCEEDS OF AD VALOREM PROPERTY TAXES;SUCH TAXES TO CONSIST OF SPECIAL ASSESSMENTS OR 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 SOLELY FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,PREMIUM IF ANY,AND INTEREST ON THE DISTRICT'S DEBT;AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE PROCEEDS OF SUCH TAXES,ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT INCOME THEREON,BE COLLECTED AND SPENT BY THE DISTRICT 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, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? YES 1' (Numeric&!,Spelled Out) /� NO O 1/61). (Numeric&Spelled Out) BALLOT ISSUE 6N(Oil and Gas Debt): SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED$30,000,000, WITH A REPAYMENT COST OF$165,000,000;AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$165,000,000 ANNUALLY,OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE DISTRICT'S DEBT:SUCH DEBT TO CONSIST OF GENERAL OBLIGATION BONDS, SPECIAL ASSESSMENT BONDS, OR OTHER OBLIGATIONS,INCLUDING CONTRACTS,ISSUED OR INCURRED FOR THE PURPOSE OF PAYING, REIMBURSING, OR FINANCING ALL OR ANY PART OF THE COSTS OF ACQUIRING, CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING, AND OTHERWISE PROVIDING,WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT, INCREMENTAL DIRECTIONAL DRILLING COSTS FOR 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 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 NET EFFECTIVE INTEREST RATE NOT IN EXCESS 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,SUCH DEBT TO BE SOLD AT ONE TIME OR FROM TIME TO TIME IN ONE SERIES OR MORE AT A PRICE ABOVE,BELOW,OR EQUAL TO THE PRINCIPAL AMOUNT OF SUCH DEBT AND ON SUCH TERMS AND CONDITIONS AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF PREMIUM IN AN AMOUNT DETERMINED BY THE DISTRICT BOARD OF DIRECTORS,SUCH DEBT TO BE PAID FROM ANY LEGALLY AVAILABLE MONEYS OF THE DISTRICT, INCLUDING SPECIAL ASSESSMENTS OR THE PROCEEDS OF AD VALOREM PROPERTY TAXES;SUCH TAXES TO CONSIST OF SPECIAL ASSESSMENTS OR 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 SOLELY FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,PREMIUM IF ANY,AND INTEREST ON THE DISTRICT'S DEBT;AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE PROCEEDS OF SUCH TAXES,ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT INCOME THEREON,BE COLLECTED AND SPENT BY THE DISTRICT 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, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? YES brtArt (Numeric& ed Out) NO (Numeric&Spelled Out) BALLOT ISSUE 60(Refunding Debt) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED$30,000,000, WITH A REPAYMENT COST OF$165,000,000;AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$165,000,000 ANNUALLY,OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE DISTRICT'S DEBT:SUCH DEBT TO CONSIST OF GENERAL OBLIGATION BONDS, SPECIAL ASSESSMENT BONDS, OR OTHER OBLIGATIONS ISSUED OR INCURRED FOR THE PURPOSE OF REFUNDING,PAYING,OR DEFEASING,IN WHOLE OR IN PART,BONDS,NOTES,OR OTHER FINANCIAL OBLIGATIONS OF THE DISTRICT;SUCH DEBT TO BEAR INTEREST AT A RATE TO BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS,WHICH INTEREST RATE MAY BE THE SAME AS OR HIGHER THAN THE INTEREST RATE BORNE BY THE OBLIGATIONS BEING REFUNDED, BUT NOT IN EXCESS 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,SUCH DEBT TO BE SOLD AT ONE TIME OR FROM TIME TO TIME IN ONE SERIES OR MORE AT A PRICE ABOVE,BELOW,OR EQUAL TO THE PRINCIPAL AMOUNT OF SUCH DEBT AND ON SUCH TERMS AND CONDITIONS AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF PREMIUM IN AN AMOUNT DETERMINED BY THE DISTRICT BOARD OF DIRECTORS,SUCH DEBT TO BE PAID FROM ANY LEGALLY AVAILABLE MONEYS OF THE DISTRICT, INCLUDING SPECIAL ASSESSMENTS OR THE PROCEEDS OF AD VALOREM PROPERTY TAXES;SUCH TAXES TO CONSIST OF SPECIAL ASSESSMENTS OR 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 SOLELY FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,PREMIUM IF ANY,AND INTEREST ON THE DISTRICT'S DEBT;AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE PROCEEDS OF SUCH TAXES,ANY OTHER REVENUE USED TO PAY SUCH DEBT, AND INVESTMENT INCOME THEREON,BE COLLECTED AND SPENT BY THE DISTRICT 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, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? 1/01, C?fk. YES u rm}eric&Spelled Out) NO V ttrkfj (Numeric&Spelled Out) BALLOT ISSUE 6P(District Intergovernmental Agreements) SHALL KITELEY RANCH METROPOLITAN DISTRICT BE AUTHORIZED TO ENTER INTO ONE OR MORE INTERGOVERNMENTAL AGREEMENTS WITH THE STATE OR ANY POLITICAL SUBDIVISION OF THE STATE 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 FACILITIES AND PROPERTIES, WHICH AGREEMENT MAY CONSTITUTE A MULTIPLE-FISCAL YEAR 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 MAY BE DETERMINED BY THE BOARD OF DIRECTORS OF THE DISTRICT? 61/i/\• YES (Numeric&Spelled �Out) � t1 NO b , (Numeric&Spelled Out) BALLOT ISSUE 6Q(Intergovernmental Agreement Debt) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED$30,000,000 WITH A REPAYMENT COST OF$165,000,000,AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$165,000,000 ANNUALLY OR 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, 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 OTHER PUBLIC ENTITIES,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 CONTRACTS 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,THE PROCEEDS OF THE CONTRACTS,THE REVENUES FROM ALL TAXES,FROM REVENUE SHARING AGREEMENTS,ANY OTHER REVENUES USED TO PAY THE CONTRACTS AND ANY EARNINGS FROM THE INVESTMENT OF SUCH PROCEEDS AND REVENUES BE COLLECTED,RETAINED AND SPENT BY THE DISTRICT 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 tit (Numeric&(Spelled Out) NO ) NO O 1, /01 (Numeric&Spelled Out) BALLOT ISSUE 6R(Mortgage) SHALL KITELEY RANCH METROPOLITAN DISTRICT BE AUTHORIZED TO ISSUE,CREATE, EXECUTE, AND DELIVER MORTGAGES, 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$30,000,000,PLUS INTEREST THEREON AT A NET EFFECTIVE INTEREST RATE NOT IN EXCESS OF 15%PER ANNUM,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,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,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 ENCUMBRANCE,ALL AS MAY BE DETERMINED BY THE BOARD OF DIRECTORS OF THE DISTRICT? YES Ili X (Numeric&Spelled NO �J, lAAC (Numeric&Spelled Out) BALLOT ISSUE 6S(Reimbursement Agreements) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED$60,000,000 WITH A REPAYMENT COST OF$330,000,000,AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$330,000,000 ANNUALLY OR SUCH LESSER AMOUNT AS MAY BE NECESSARY FOR THE PAYMENT OF SUCH DEBT AND ANY REFUNDINGS THEREOF;SUCH DEBT TO CONSIST OF REIMBURSEMENT AGREEMENTS("CONTRACTS") WITHOUT LIMIT AS TO TERM WITH ONE OR MORE PRIVATE ENTITIES WHICH CONTRACTS WILL CONSTITUTE MULTIPLE FISCAL YEAR FINANCIAL OBLIGATIONS AND WHICH WILL OBLIGATE THE DISTRICT TO REIMBURSE TO SUCH ENTITY OR ENTITIES FOR ADVANCES MADE TO AND COSTS INCURRED ON BEHALF OF THE DISTRICT FOR THE PURPOSES OF FINANCING,DESIGNING,ACQUIRING,CONSTRUCTING,COMPLETING OR OTHERWISE PROVIDING, AND THE COSTS OF OPERATING AND MAINTAINING, ANY PUBLIC IMPROVEMENT INCLUDING THE PROVISION OF COVENANT ENFORCEMENT AND ADMINISTRATIVE COSTS OF THE DISTRICT, ALL AS MAY BE PROVIDED IN SUCH CONTRACTS;SUCH DEBT 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'S BOARD OF DIRECTORS MAY DETERMINE; SUCH DEBT TO BE ISSUED OR INCURRED AT ONE TIME OR FROM TIME TO TIME,TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT,INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES;SUCH TAXES TO CONSIST OF AN AD VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT,WITHOUT LIMITATION OF RATE AND AMOUNT OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT'S BOARD OF DIRECTORS,TO BE USED FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,PREMIUM IF ANY,AND INTEREST ON SUCH DEBT WHEN DUE;AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE REVENUES FROM SUCH TAXES AND ANY OTHER REVENUES USED TO PAY SUCH DEBT,AND INVESTMENT EARNINGS THEREON, BE COLLECTED, RETAINED, AND SPENT BY THE DISTRICT 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 (Numeric&Spelled Out) ( NO `� 1APV (Numeric&Spelled Out) BALLOT ISSUE 6T(Construction Management Agreement) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED $30,000,000 WITH A REPAYMENT COST OF$165,000,000,AND SHALL KITELEY RANCH METROPOLITAN DISTRICT TAXES BE INCREASED$165,000,000 ANNUALLY OR SUCH LESSER AMOUNT AS MAY BE NECESSARY FOR THE PAYMENT OF SUCH DEBT AND ANY REFUNDINGS THEREOF; SUCH DEBT TO CONSIST OF REVENUE BONDS, NOTES, CERTIFICATES, DEBENTURES,OR OTHER MULTIPLE FISCAL YEAR FINANCIAL OBLIGATIONS,INCLUDING CONTRACTS,ISSUED OR INCURRED FOR THE PURPOSE OF PROVIDING FOR CERTAIN MANAGEMENT SERVICES RELATED TO THE DESIGNING,ACQUIRING,CONSTRUCTING, INSTALLING,EQUIPPING,COMPLETING,OPERATING,MAINTAINING,MANAGING AND OTHERWISE PROVIDING,WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT, DISTRICT FACILITIES,OR FOR THE PURPOSE OF REFUNDING OBLIGATIONS ISSUED FOR SUCH PURPOSE WHETHER OR NOT SUCH REFUNDING OBLIGATIONS ARE ISSUED AT A LOWER OR HIGHER INTEREST RATE; SUCH DEBT TO INCLUDE MANAGEMENT AGREEMENTS BETWEEN THE DISTRICT AND OTHER PARTIES; SUCH DEBT 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'S BOARD OF DIRECTORS MAY DETERMINE;SUCH DEBT TO BE ISSUED OR INCURRED AT ONE TIME OR FROM TIME TO TIME,TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT,INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES;SUCH TAXES TO CONSIST OF AN AD VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT,WITHOUT LIMITATION OF RATE AND AMOUNT OR WITH SUCH LIMITATIONS AS MAY BE DETERMINED BY THE DISTRICT'S BOARD OF DIRECTORS,TO BE USED FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,PREMIUM IF ANY,AND INTEREST ON SUCH DEBT WHEN DUE;AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND THE REVENUES FROM SUCH TAXES AND ANY OTHER REVENUES USED TO PAY SUCH DEBT,AND INVESTMENT EARNINGS THEREON,BE COLLECTED,RETAINED, AND SPENT BY THE DISTRICT 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 (.0. P" (Numeric&Ln Spell OOut)NO '' (Numeric&Spelled Out) BALLOT ISSUE 6U(Water—Revenue) SHALL KITELEY RANCH METROPOLITAN DISTRICT DEBT BE INCREASED$30,000,000, WITH A REPAYMENT COST OF$165,000,000,SUCH DEBT TO CONSIST OF BONDS OR OTHER OBLIGATIONS,INCLUDING CONTRACTS,ISSUED OR INCURRED FOR THE PURPOSE OF PAYING, REIMBURSING, OR FINANCING ALL OR ANY PART OF THE COSTS OF ACQUIRING, CONSTRUCTING, RELOCATING, INSTALLING, COMPLETING, AND OTHERWISE PROVIDING,WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT,A COMPLETE POTABLE AND NON-POTABLE WATER SUPPLY,STORAGE,TRANSMISSION, AND DISTRIBUTION SYSTEM,TOGETHER WITH ALL NECESSARY, INCIDENTAL,AND APPURTENANT FACILITIES,EQUIPMENT,LAND,AND EASEMENTS,AND EXTENSIONS OF AND IMPROVEMENTS TO SAID FACILITIES,SUCH DEBT TO BEAR INTEREST AT A NET EFFECTIVE INTEREST RATE NOT IN EXCESS 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,SUCH DEBT TO BE SOLD AT ONE TIME OR FROM TIME TO TIME IN ONE SERIES OR MORE AT A PRICE ABOVE, BELOW,OR EQUAL TO THE PRINCIPAL AMOUNT OF SUCH DEBT AND ON SUCH TERMS AND CONDITIONS AS THE DISTRICT BOARD OF DIRECTORS MAY DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF PREMIUM IN AN AMOUNT DETERMINED BY THE DISTRICT BOARD OF DIRECTORS,SUCH DEBT TO BE PAID FROM ANY LEGALLY AVAILABLE MONEYS OF THE DISTRICT,INCLUDING THE REVENUES DERIVED FROM THE OPERATION OF ANY OF THE DISTRICT'S FACILITIES OR PROPERTIES;AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND ALL REVENUE USED TO PAY SUCH DEBT,AND INVESTMENT INCOME THEREON, BE COLLECTED AND SPENT BY THE DISTRICT 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,AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED AND SPENT BY THE DISTRICT? YES (Numeric&'Spelled Out) NO v (Numeric&Spelled Out) BALLOT QUESTION 6A(Public Transportation Authority) SHALL KITELEY RANCH METROPOLITAN DISTRICT BE AUTHORIZED TO EXERCISE THE POWER TO ESTABLISH,MAINTAIN,AND OPERATE A SYSTEM TO TRANSPORT THE PUBLIC BY BUS, RAIL, OR ANY OTHER MEANS OF CONVEYANCE, OR ANY COMBINATION THEREOF,AND MAY THE DISTRICT CONTRACT TO UNDERTAKE SUCH ACTIVITIES? YES , (Numeric&Spelled Out) NO (Numeric&Spelled Out) JUDGES'CERTIFICATE OF ELECTION RETURNS AND STATEMENT OF BALLOTS KITELEY RANCH METROPOLITAN DISTRICT INDEPENDENT MAIL BALLOT ELECTION(CONTINUED) §1-13.5-613,C.R.S. STATEMENT OF BALLOTS: It is hereby identified and specified that: Numeric&Spelled Out TOTAL Number of Ballots Issued to Voters l 1 "1 NeAer Total Number of Ballots Returned Official Ballots li Petkl / nn ' Replacement Ballots d� Substitute Ballots 0 (et`6 Total Voted Challenged Ballots 0 `,MP Total Returned/Cast Mail Ballots: Co MV-- Delivered to Voter.Not Cast: Q *127tor Returned_Undeliverable Spoiled 0 Rejected O "(('iA Defective 0 /�w"' Not Returned 15 e l, Total,delivered and not cast: ePir, Not Delivered to Voter.Not Cast(Unused):Total,unused: At WV ,n Total Mail Ballots Printed: I L a�)/U L Certified this to d of 1S.love/m r 2023, y: ttt /`� ,E ction Judge ,Election Judge Hello