HomeMy WebLinkAbout20174221.tiffGARY R. WHITE
KRISTEN D. BEAR
WILLIAM P. ANKELE, JR.
JENNIFER GRUBER TANAKA
CLINT C. WALDRON
KRISTIN BOWERS TOMPKINS
ROBERT G. ROGERS
OF COUNSEL:
BLAIR M. DICKHONER
VIA CERTIFIED MAIL
WHITE BEAR ANKELE
TANAKA & WALDRON
ATTORNEYS AT L A W
December 12, 2017
Weld County Board of County Commissioners
1150 O Street
P.O. Box 758
Greeley, CO 80631
SEAN ALLEN
ZACHARY P. WHITE
CASEY K. LEKAHAL
TRISHA K. HARRIS
HEATHER L. HARTUNG
MEGAN J. MURPHY
KRISTIN J. SCHLEDORN
SILVIA FEJKA
JOHN R. SHERMAN
BRADLEY T. NEIMAN
RECEIVED
DEC 14 2017
WELD COUNTY
COMMISSIONERQ
Re: Certification of the Results of the November 7, 2017, Election to Incur General
Obligation Debt for the St. Vrain Lakes Metropolitan District No. 3
Dear Commissioner:
Pursuant to § 32-1-1101.5(1), C.R.S., the St. Vrain Lakes Metropolitan District No. 3 (the
"District") is required to certify the results of its ballot issue election to authorize or incur general
obligation indebtedness by certified mail to the Board of County Commissioners that has adopted a
resolution of approval of the District's service plan.
The debt information for the District, as required by § 32-1-1101.5(1), C.R.S., is hereby
certified in the Canvass Board's Statement and Certificate of Election Results, attached hereto as
Exhibit A. Attached as Exhibit B is the Form DLG-32, prescribed by the Division of Local
Government for the Notice of Special District Authorization or Issuance of General Obligation
Indebtedness, which pursuant to § 32-1-1604, C.R.S., has been recorded with the Weld County Clerk
and Recorder and submitted to the Division of Local Government within thirty days after authorizing
or incurring the debt.
Please call if you have any questions.
Sincerely,
WHITE BEAR ANKELE TANAKA & WALDRON
Attorneys at Law
fir:
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Hayley M. Budzinski
Enclosures
0799.0009: 869406
2154 E. Commons Ave., Ste. 2000 I Centennial, CO 80122 I P 303.858.1800 F 303.858.1801 I Wh0eBearAnkele,co'm
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EXHIBIT A
(St. Vrain Lakes Metropolitan District No. 3, Canvass Board's Statement and Certificate of Election
Results)
0799.0002; 869406
CANVASS BOARD'S
STATEMENT AND CERTIFICATE OF ELECTION RESULTS
§§ 1-11-103, 1-13.5-1305, C.R.S.
ST. VRAIN LAKES METROPOLITAN DISTRICT NO.3
Town of Firestone, Weld County, Colorado
November 7, 2017, Election
We, the undersigned members of the Canvass Board, certify, from the official abstract of
votes, which are attached hereto, that the following is a true and correct statement of the results
of the November 7, 2017, election for the above -named District.
We certify that the votes cast for and against each ballot issue and ballot question were as
follows:
Ballot Issue 5A
(Operations, Administration and Maintenance Mill Levy — Ad Valorem Taxes)
Votes For:
Votes Against:
Ballot Issue 5B
(Capital Costs — Ad Valorem Taxes
Votes For:
Votes Against:
l
Ballot Issue 5C
(Operations, Administration and 'enance — Fees)
A
Votes For:
Votes Against:
0799.0009: 63863313
Page 1 of 7
CANVASS BOARD'S
STATEMENT AND CERTIFICATE OF ELECTION RESULTS
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
Ballot Issue SD
(Capital Costs - Fees)
Votes For:
Votes Against:
Ballot Issue 5E
(Multiple Fiscal Year Intergovernme Agreement Mill Levy Question)
Votes For:
Votes Against:
ve/
Ballot Issue 5F
(Multiple Fiscal Year Private Agreement Mill Levy Question)
Votes For:
Votes Against:
Ballot Issue 5G
(De -TABOR)
Votes For:
Votes Against:
rov/
ziL,v
Ballot Issue 5H
(In -District Special Assessment Debt)
1V/
Votes For:
Votes Against: � `-'�
0799.0009: 863318 Page 2 of 7
CANVASS BOARD'S
STATEMENT AND CERTIFICATE OF ELECTION RESULTS
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
Ballot Issue 5I
(Street Improvements)
Votes For:
Votes Against:
Ballot Issue 5J
(Parks and Recreation)
Votes For:
Votes Against: _
Ballot Issue 5K
(Water)
Votes For:
Votes Against:
J,/:/
Ballot Issue 5L
(Sanitation/Storm Sewer)
Votes For:
Votes Against:
Ballot Issue 5M
(Transportation)
Votes For:
Votes Against:
0799.0009: 863318
Page 3 of 7
CANVASS BOARD'S
STATEMENT AND CERTIFICATE OF ELECTION RESULTS
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
Ballot Issue 5N
(Mosquito Control)
Votes For:
Votes Against:
Ballot Issue 50
(Safety Protection)
Votes For:
Votes Against:
Ballot Issue 5P
(Fire Protection)
Votes For:
Votes Against:
(F0a/
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r�1 7124
Ballot Issue 5Q
(Television Relay and Translation)
Votes For:
Votes Against:
Ballot Issue 5R
(Security)
Votes For:
Votes Against:
0799.0009: 863318
Page 4 of 7
CANVASS BOARD'S
STATEMENT AND CERTIFICATE OF ELECTION RESULTS
St. Wain Lakes Metropolitan District No. 3
November 7, 2017, Election
Ballot Issue 5S
(Operations and Maintenance Debt)
Votes For:
Votes Against:
Ballot Issue 5T
(Refunding Debt)
Votes For:
✓7
t- •
Votes Against:
Ballot Issue 5U
(District Intergovernmental A reements as Debt)fis,-/--
Votes For:
Votes Against:
Ballot Issue 5V
(District Private Agreements as Debt)
Votes For:
Votes Against:
Ballot Issue 5W
(Mortgage)
Votes For:
Votes Against:
0799.0009: 863318
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Page 5 of 7
CANVASS BOARD'S
STATEMENT AND CERTIFICATE OF ELECTION RESULTS
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
Ballot Issue 5X
(Multiple Fiscal Year Intergovernmental Agreement)
Votes For:
Votes Against:
or"
Ballot Issue 5Y
(Multiple Fiscal Year Private Agreement)
Votes For:
Votes Against:
Ballot Issue 5Z
(Directional Drilling)
Votes For:
Votes Against:
0799.0009: 863318
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Page 6 of 7
CANVASS BOARD'S
STATEMENT AND CERTIFICATE OF ELECTION RESULTS
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
Endorsed and Subscribed this ! c5 -day of i1. - xJ /;2017.
By:
Contact Person for the District:
Business Address for the District:
, Designated Election Official/Canvasser
, Canvasser
Canvasser
Kristen D. Bear, Esq.
do WHITE BEAR ANKELE TANAICA & WALDRON
Attorneys at Law
2154 E. Commons Ave. Suite 2000
Centennial, CO 80122
(p) 303-858-1800
(f) 303-858-1801
Attach the Judges' Certificate - Statement on Ballots and Judges' Abstract of Votes to the Canvass
Board's Statement and Certificate of Election Results.
File with the Division of Local Government within thirty (30) days after the election.
Page 7 of 7
0799.0009: 863318
DESIGNATED ELECTION OFFICIAL'S AND JUDGES' CERTIFICATE -
STATEMENT ON BALLOTS
§1-13.5-613, C.R.S.
CERTIFICATE OF ELECTION RETURNS:
IT IS HEREBY CERTIFIED by the undersigned, who conducted the election held for the
St. Vrain Lakes Metropolitan District No. 3 (the "District"), in the Town of Firestone, Weld County,
Colorado, on the 7th day of November 2017, that they counted the ballots cast for directors of the
District and for any ballot issues and ballot questions duly submitted.
That the votes counted for and against each ballot issue and ballot question submitted were as
follows: (Numerical Figures)
Ballot Issue 5A
(Operations, Administration and Maintenance Mill Levy — Ad Valorem Taxes)
Votes For:
Votes Against:
4
Ballot Issue 5B
(Capital Costs — Ad Valorem Taxes)
Votes For:
Votes Against:
4
pv
Ballot Issue 5C
(Operations, Administration and Maintenance — Fees)
Votes For:
Votes Against:
Ballot Issue 5D
(Capital Costs - Fees)
Votes For:
Votes Against:
4
(r:
Page 1 of 7
JUDGES' CERTIFICATE - STATEMENT ON BALLOTS
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
Ballot Issue 5E
(Multiple Fiscal Year Intergovernmental Agreement Mill Levy Question)
Votes For:
Votes Against:
4
Ballot Issue 5F
(Multiple Fiscal Year Private Agreement Mill Levy Question)
Votes For:
Votes Against:
Ballot Issue 5G
(De -TABOR)
Votes For:
Votes Against:
Ballot Issue 511
(In -District Special Assessment Debt)
Votes For:
Votes Against:
Ballot Issue 51
(Street Improvements)
Votes For:
Votes Against:
9
4
der
0799.0009: 857610 Page 2 of 7
JUDGES' CERTIFICATE - STATEMENT ON BALLOTS
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
Ballot Issue 5J
(Parks and Recreation)
Votes For:
Votes Against: _
Ballot Issue 5K
(Water)
Votes For:
Votes Against:
If
Ballot Issue 5L
(Sanitation/Storm Sewer)
Votes For:
Votes Against:
Ballot Issue 5M
(Transportation)
Votes For:
Votes Against:
Ballot Issue 5N
(Mosquito Control)
Votes For:
Votes Against:
0799.0009: 857610 Page 3 of 7
JUDGES' CERTIFICATE - STATEMENT ON BALLOTS
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
Ballot Issue 50
(Safety Protection)
Votes For:
Votes Against:
Ballot Issue 5P
(Fire Protection)
Votes For:
Votes Against:
4
f
Ballot Issue 5Q
(Television Relay and Translation)
Votes For:
Votes Against:
Ballot Issue 5R
(Security)
Votes For:
Votes Against:
4
•et
Ballot Issue SS
(Operations and Maintenance Debt)
Votes For:
Votes Against:
(5?
ff
0799.0009: 857610 Page 4 of 7
JUDGES' CERTIFICATE - STATEMENT ON BALLOTS
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
Ballot Issue 5T
(Refunding Debt)
Votes For:
Votes Against:
Ballot Issue 5U
(District Intergovernmental Agreements as Debt)
Votes For:
Votes Against:
Ballot Issue SV
(District Private Agreements as Debt)
Votes For:
4
Votes Against:
Ballot Issue 5W
(Mortgage)
Votes For:
Votes Against:
/2(
Ballot Issue 5X
(Multiple Fiscal Year Intergovernmental Agreement)
Votes For:
Votes Against:
0799.0009: 857610
Page 5 of 7
JUDGES' CERTIFICATE - STATEMENT ON BALLOTS
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
Ballot Issue 5Y
(Multiple Fiscal Year Private Agreement)
Votes For:
Votes Against:
Ballot Issue 5Z
(Directional Drilling)
Votes For:
Votes Against:
0799.0009: 857610
V
Page 6 of 7
JUDGES' CERTIFICATE - STATEMENT ON BALLOTS
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
STATEMENT OF BALLOTS:
It is hereby identified and specified that:
TOTAL Number of Ballots Issued to Voters
Total Number of Ballots Returned
Official Ballots
Unofficial Ballots [printed if you run out of official ballots]
Substitute Ballots [reprinted official ballots if they are lost or stolen]
Total Voted Challenged Ballots
Total Returned/Cast Mail Ballots:
Delivered to Voter, Not Cast:
Returned, Undeliverable
Spoiled [replacement]
Rejected [no signature]
Defective [over voted]
Not Returned
Total, delivered and not cast:
Not Delivered to Voter, Not Cast (Unused):
Total, unused:
Total Mail Ballots Printed:
Certified this 4M day of Aktkew\fig/ , 2017.
Election Judge
, Election Judge
Election Judge
0799.0009: 857610
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Page 7 of 7
JUDGES' ABSTRACT OF VOTES
§1-13.5-615, C.R.S.
For the election of the St. Vrain Lakes Metropolitan District No. 3 (the "District") held
on November 7, 2017:
Votes counted for and against each ballot issue and question as follows:
Ballot Issue 5A (Operations, Administration and Maintenance Mill Levy — Ad Valorem Taxes)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED
$10,000,000 ANNUALLY OR SUCH LESSER AMOUNT AS NECESSARY TO PAY THE
DISTRICT'S ADMINISTRATION, COVENANT ENFORCEMENT, DESIGN REVIEW,
OPERATIONS, MAINTENANCE, AND OTHER SIMILAR EXPENSES BY THE IMPOSITION OF
AD VALOREM PROPERTY TAXES LEVIED IN ANY YEAR, WITHOUT LIMITATION AS TO
RATE OR AMOUNT OR 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 2018 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?
Votes cast: FOR: AGAINST:
Ballot Issue SB (Capital Costs — Ad Valorem Taxes)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED
$10,000,000 ANNUALLY OR SUCH LESSER AMOUNT AS NECESSARY TO PAY FOR CAPITAL
COSTS OF PUBLIC IMPROVEMENTS, BY THE IMPOSITION OF AD VALOREM PROPERTY
TAXES LEVIED IN ANY YEAR, WITHOUT LIMITATION AS TO RATE OR AMOUNT OR 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 2018 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, WITHOUT REGARD TO 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
Page 1 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT?
Votes cast: FOR: AGAINST:
Ballot Issue 5C (Operations, Administration and Maintenance — Fees)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED
$10,000,000 ANNUALLY OR SUCH LESSER AMOUNT AS NECESSARY TO PAY THE
DISTRICT'S ADMINISTRATION, COVENANT ENFORCEMENT, DESIGN REVIEW,
OPERATIONS, AND MAINTENANCE EXPENSES, BY THE IMPOSITION OF A FEE OR FEES
IMPOSED, WITHOUT LIMITATION AS TO RATE OR AMOUNT 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 2018 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?
Votes cast: FOR: AGAINST:
qric
Ballot Issue 5D (Capital Costs - Fees)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED
$10,000,000 ANNUALLY OR SUCH LESSER AMOUNT AS NECESSARY FOR THE PURPOSE OF
PAYING THE COSTS OF ANY PUBLIC IMPROVEMENTS, 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 AMOUNT 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 2018 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
0799.0009: 857613 Page 2 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
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?
Votes cast: FOR: AGAINST:
4
Ballot Issue 5E (Multiple Fiscal Year Intergovernmental Agreement Mill Levy Question)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED
$10,000,000 ANNUALLY OR SUCH LESSER AMOUNT AS NECESSARY FOR THE PAYMENT OF
SUCH AMOUNTS DUE PURSUANT TO ONE OR MORE INTERGOVERNMENTAL
AGREEMENTS OR OTHER CONTRACTS, OR FOR PAYMENT OF 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 RATE OR AMOUNT OR ANY OTHER CONDITION, FOR THE
PAYMENT OF SUCH AMOUNTS DUE AND SHALL THE PROCEEDS OF SUCH TAXES AND
ANY INVESTMENT INCOME THEREON BE COLLECTED, RETAINED AND SPENT BY THE
DISTRICT IN FISCAL YEAR 2018 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?
Votes cast: FOR: AGAINST:
u 0
Ballot Issue 5F (Multiple Fiscal Year Private Agreement Mill Levy Question)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED
$10,000,000 ANNUALLY OR SUCH LESSER AMOUNT AS NECESSARY FOR THE PAYMENT OF
SUCH AMOUNTS DUE PURSUANT TO ONE OR MORE AGREEMENTS OR OTHER
CONTRACTS WITH PRIVATE PARTIES, 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, AND SHALL THE
Page 3 of 23
0799.0009: 857613
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
PROCEEDS OF SUCH TAXES AND ANY INVESTMENT INCOME THEREON BE COLLECTED,
RETAINED AND SPENT BY THE DISTRICT IN FISCAL YEAR 2018 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?
Votes cast: FOR: AGAINST:
Ballot Issue 5G (De -TABOR)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 BE AUTHORIZED TO COLLECT,
RETAIN, AND SPEND THE FULL AMOUNT OF ALL TAXES, TAX INCREMENT REVENUES,
TAP FEES, PARK FEES, FACILITY FEES, SERVICE CHARGES, INSPECTION CHARGES,
ADMINISTRATIVE CHARGES, GIFTS, GRANTS OR ANY OTHER FEE, RATE, TOLL, PENALTY,
INCOME OR CHARGE AUTHORIZED BY LAW OR CONTRACT TO BE IMPOSED, COLLECTED
OR RECEIVED BY THE DISTRICT IN FISCAL YEAR 2018 AND IN 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 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?
Votes cast: FOR: AGAINST:
Ballot Issue 511 (In -District Special Assessment Debt)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 ANNUALLY OR BY
SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE
AFOREMENTIONED DEBT, BY IMPOSING SPECIAL ASSESSMENTS UPON PROPERTY IN
0799.0009: 857613
Page 4 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
THE DISTRICT, WHICH ASSESSMENTS ARE SUBJECT TO PREPAYMENT AT THE OPTION OF
THE PROPERTY OWNER, SUCH DEBT TO CONSIST OF SPECIAL ASSESSMENT BONDS OR
OTHER FINANCIAL OBLIGATIONS BEARING INTEREST AT A NET EFFECTIVE INTEREST
RATE NOT TO EXCEED 18% PER ANNUM; SUCH SPECIAL ASSESSMENT BONDS OR OTHER
FINANCIAL OBLIGATIONS TO BE ISSUED TO PAY THE COSTS OF PROVIDING CERTAIN
PUBLIC IMPROVEMENTS FOR SUCH DISTRICT, TO BE REPAID FROM THE PROCEEDS OF
SPECIAL ASSESSMENTS TO BE IMPOSED UPON THE PROPERTY INCLUDED WITHIN SUCH
DISTRICT; SUCH TAXES TO CONSIST OF THE AFOREMENTIONED SPECIAL ASSESSMENTS
IMPOSED UPON THE PROPERTY FOR THE DISTRICT BENEFITED BY THE PUBLIC
IMPROVEMENTS; AND SHALL THE PROCEEDS OF SUCH BONDS OR OTHER FINANCIAL
OBLIGATIONS AND THE PROCEEDS OF SUCH ASSESSMENTS, AND INVESTMENT INCOME
THEREON CONSTITUTE VOTER -APPROVED REVENUE CHANGES AND BE COLLECTED
AND SPENT BY THE DISTRICT IN FISCAL YEAR 2018 AND IN EACH FISCAL YEAR
THEREAFTER WITHOUT REGARD TO ANY EXPENDITURE, 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?
Votes cast: FOR: AGAINST:
0
Ballot Issue 5I (Street Improvements)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 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 BE IN ANY
FORM DETERMINED BY THE DISTRICT AND ISSUED OR INCURRED FOR THE PURPOSE OF
PAYING, LEASING, REIMBURSING, FINANCING OR REFINANCING 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
0799.0009: 857613 Page 5 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
AND IMPROVEMENTS TO SUCH FACILIIIES, SUCH DEBT TO BEAR INTEREST AT A
MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 18% PER ANNUM, SUCH
INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND
ANNUALLY OR SEMIANNUALLY, 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, TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT,
INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR SPECIAL
ASSESSMENTS; ALL OF THE ABOVE AS 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 INCREASE SET FORTH ABOVE OR SUCH LESSER AMOUNT AS
MAY BE NECESSARY TO BE USED FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,
PREMIUM IF ANY, AND INTEREST ON 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 2018 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?
Votes cast: FOR: AGAINST:
Lt
Ballot Issue 5J (Parks and Recreation)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 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, FOR THE PURPOSE OF
PAYING, LEASING, REIMBURSING, FINANCING OR REFINANCING 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
0799.0009; 857613
Page 6 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
ACTIVITIES, COMMON AREAS, COMMUNITY RECREATION CENTERS, TENNIS 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 18% PER
ANNUM, SUCH INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY
COMPOUND ANNUALLY OR SEMIANNUALLY, 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, TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT,
INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR SPECIAL
ASSESSMENTS, ALL OF THE ABOVE AS 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 INCREASE SET FORTH ABOVE OR SUCH LESSER AMOUNT AS
MAY BE NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,
PREMIUM IF ANY, AND INTEREST ON 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 2018 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?
Votes cast: FOR: AGAINST:
Ballot Issue 5K (Water)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 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 BE IN ANY
0799.0009: 857613
Page 7 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
FORM DETERMINED BY THE DISTRICT AND ISSUED OR INCURRED FOR THE PURPOSE OF
PAYING, LEASING, REIMBURSING, FINANCING OR REFINANCING 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 18% PER ANNUM, SUCH INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES,
AND WHICH MAY COMPOUND ANNUALLY OR SEMIANNUALLY, 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, TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES
OF THE DISTRICT, INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR
SPECIAL ASSESSMENTS, ALL OF THE ABOVE AS 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 INCREASE SET FORTH ABOVE OR
SUCH LESSER AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE PURPOSE OF
PAYING THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON 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 2018 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?
Votes cast: FOR: AGAINST:
4 ci
0799.0009: 857613
Page 8 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
Ballot Issue 5L (Sanitation/Storm Sewer)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 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 BE IN ANY
FORM DETERMINED BY THE DISTRICT AND ISSUED OR INCURRED FOR THE PURPOSE OF
PAYING, LEASING, REIMBURSING, FINANCING OR REFINANCING 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
FACILI TIES, 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 18% PER ANNUM, SUCH
INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND
ANNUALLY OR SEMIANNUALLY, 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, TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT,
INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR SPECIAL
ASSESSMENTS, ALL OF THE ABOVE AS 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 INCREASE SET FORTH ABOVE OR SUCH LESSER AMOUNT AS
MAY BE NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,
PREMIUM IF ANY, AND INTEREST ON 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 2018 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
0799.0009: 857613
Page 9 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
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?
Votes cast: FOR: AGAINST:
Ballot Issue 5M (Transportation)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 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 BE IN ANY
FORM DETERMINED BY THE DISTRICT AND ISSUED OR INCURRED FOR THE PURPOSE OF
PAYING, LEASING, REIMBURSING, FINANCING OR REFINANCING 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, PUBLIC
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 18% PER ANNUM, SUCH INTEREST TO BE
PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND ANNUALLY OR
SEMIANNUALLY, 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, 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 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 PRINCIPAL OF, PREMIUM IF ANY, AND
INTEREST ON 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 2018 AND IN EACH FISCAL YEAR THEREAFTER AS A VOTER -
0799.0009: 857613
Page 10 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
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 SPENTBY THE DISTRICT?
Votes cast: FOR: AGAINST:
-t 0
Ballot Issue 5N (Mosquito Control)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 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 BE IN ANY
FORM DETERMINED BY THE DISTRICT AND ISSUED OR INCURRED FOR THE PURPOSE OF
PAYING, LEASING, REIMBURSING, FINANCING OR REFINANCING 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 18% PER ANNUM, SUCH INTEREST TO BE PAYABLE AT
SUCH TIME OR TIMES, AND WHICH MAY COMPOUND ANNUALLY OR SEMIANNUALLY,
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, TO BE PAID FROM ANY
LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS OF AD
VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS, ALL OF THE ABOVE AS
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
INCREASE SET FORTH ABOVE OR SUCH LESSER AMOUNT AS MAY BE NECESSARY, TO BE
USED FOR THE PURPOSE OF PAYING THE PRINCIPAL OF, PREMIUM IF ANY, AND
INTEREST ON SUCH DEBT; ALL OF THE ABOVE AS MAY BE DETERMINED BY THE
0799.0009: 857613
Page 11 of 23
JUDGES' ABSTL{ACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
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 2018 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?
Votes cast: FOR: AGAINST:
0
Ballot Issue 5O (Safety Protection)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 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 BE IN ANY
FORM DETERMINED BY THE DISTRICT AND ISSUED OR INCURRED FOR THE PURPOSE OF
PAYING, LEASING, REIMBURSING, FINANCING OR REFINANCING 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 18% PER ANNUM, SUCH INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES,
AND WHICH MAY COMPOUND ANNUALLY OR SEMIANNUALLY, 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, TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES
OF THE DISTRICT, INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR
SPECIAL ASSESSMENTS, ALL OF THE ABOVE AS 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
0799.0009: 857613 Page 12 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
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 PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON 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 2018 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?
Votes cast: FOR: AGAINST:
`I 0
Ballot Issue 5P (Fire Protection)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 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 BE IN ANY
FORM DETERMINED BY THE DISTRICT AND ISSUED OR INCURRED FOR THE PURPOSE OF
PAYING, LEASING, REIMBURSING, FINANCING OR REFINANCING 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, IMPROVEMENTS AND EQUIPMENT FOR FIRE PROTECTION,
INCLUDING BUT NOT LIMITED TO FIRE STATIONS, AMBULANCE AND EMERGENCY
MEDICAL RESPONSE AND RESCUE SERVICES AND DIVING AND GRAPPLING STATIONS,
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 18% PER ANNUM, SUCH INTEREST TO BE PAYABLE AT SUCH TIME
OR TIMES, AND WHICH MAY COMPOUND ANNUALLY OR SEMIANNUALLY, 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, TO BE PAID FROM ANY LEGALLY AVAILABLE
REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY
TAXES OR SPECIAL ASSESSMENTS, ALL OF THE ABOVE AS 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
0799.0009: 857613
Page 13 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
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 PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON 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 2018 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?
Votes cast: FOR: AGAINST:
Ballot Issue 5Q (Television Relay and Translation)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 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 BE IN ANY
FORM DETERMINED BY THE DISTRICT AND ISSUED OR INCURRED FOR THE PURPOSE OF
PAYING, LEASING, REIMBURSING, FINANCING OR REFINANCING 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 18% PER ANNUM, SUCH INTEREST TO
BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND ANNUALLY OR
SEMIANNUALLY, 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, TO BE PAID FROM
ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS OF
AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS, ALL OF THE ABOVE AS
DETERMINED BY THE DISTRICT; SUCH TAXES TO CONSIST OF AN AD VALOREM MILL
LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT, WITHOUT LIMITATION
0799.0009: 857613 Page 14 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
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 PRINCIPAL OF, PREMIUM IF ANY, AND
INTEREST ON 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 COLLEC IED, 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?
Votes cast: FOR: AGAINST:
Ballot Issue 5R (Security)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 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 BE IN ANY
FORM DETERMINED BY THE DISTRICT AND ISSUED OR INCURRED FOR THE PURPOSE OF
PAYING, LEASING, REIMBURSING, FINANCING OR REFINANCING 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 PERIMETER AND
INTERIOR SECURITY PATROLS, CONSTRUCTION OF SAFETY BARRIERS OR SIMILAR
PROTECTIVE MEASURES, ACQUISITION OF SECURITY EQUIPMENT, PROTECTION OF
DISTRICT 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, LAND, EASEMENTS AND EX PENSIONS OF AND
IMPROVEMENTS TO SUCH FACILITIES, SUCH DEBT TO BEAR INTEREST AT A MAXIMUM
NET EFFECTIVE INTEREST RATE NOT TO EXCEED 18% PER ANNUM, SUCH INTEREST TO
BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND ANNUALLY OR
SEMIANNUALLY, AND SUCH DEBT TO MATURE, BE SUBJECT TO REDEMPTION WITH OR
0799.0009: 857613 Page 15 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
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, TO BE PAID FROM
ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING THE PROCEEDS OF
AD VALOREM PROPERTY TAXES OR SPECIAL ASSESSMENTS, ALL OF THE ABOVE AS
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
INCREASE SET FORTH ABOVE OR SUCH LESSER AMOUNT AS MAY BE NECESSARY, TO BE
USED FOR THE PURPOSE OF PAYING THE PRINCIPAL OF, PREMIUM IF ANY, AND
INTEREST ON 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 2018 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?
Votes cast: FOR: AGAINST:
Ballot Issue 5S (Operations and Maintenance Debt)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 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 BE IN ANY
FORM DETERMINED BY THE DISTRICT AND ISSUED OR INCURRED 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 18% PER ANNUM,
SUCH INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY COMPOUND
ANNUALLY OR SEMIANNUALLY, SUCH DEBT TO BE INCURRED AT ONE TIME OR FROM
TIME TO TIME AND TO MATURE, BE SUBJECT TO REDEMPTION, WITH OR WITHOUT
PREMIUM, AND BE ISSUED AND SOLD AT, ABOVE OR BELOW PAR, AND TO CONTAIN
SUCH TERMS, NOT INCONSISTENT HEREWITH, AND BE MADE PAYABLE FROM ANY
LEGALLY AVAILABLE REVENUES OF THE DISTRICT, INCLUDING WITHOUT LIMITATION
0799.0009: 857613 Page 16 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
AD VALOREM PROPERTY TAXES LEVIED IN ANY YEAR OR SPECIAL ASSESSMENTS, ALL
OF THE ABOVE AS 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, AND IN AMOUNTS SUFFICIENT TO PRODUCE THE ANNUAL INCREASE
SET FORTH ABOVE OR SUCH LESSER AMOUNT AS MAY BE NECESSARY FOR THE
PURPOSE OF PAYING THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON 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 2018
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 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,
AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY
BE COLLECTED, RETAINED AND SPENT BY THE DISTRICT?
Votes cast: FOR: AGAINST:
4
Ballot Issue 51 (Refunding Debt)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 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 BUT NOT TO EXCEED A
MAXIMUM NET EFFECTIVE INTEREST RATE OF 18% PER ANNUM, SUCH DEBT TO BE IN
ANY FORM DETERMINED BY THE DISTRICT AND ISSUED OR INCURRED FOR THE
PURPOSE OF REFUNDING, REFINANCING OR DEFEASING ANY OR ALL OF THE DISTRICT'S
DEBT, SUCH INTEREST TO BE PAYABLE AT SUCH TIME OR TIMES, AND WHICH MAY
COMPOUND ANNUALLY OR SEMIANNUALLY, 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, TO BE PAID FROM ANY LEGALLY AVAILABLE REVENUES OF THE DISTRICT,
INCLUDING THE PROCEEDS OF AD VALOREM PROPERTY TAXES OR SPECIAL
ASSESSMENTS, ALL OF THE ABOVE AS 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 INCREASE SET FORTH ABOVE OR SUCH LESSER AMOUNT AS
0799.0009: 857613 Page 17 of 23
JUDGES' ABS1'1tACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
MAY BE NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING THE PRINCIPAL OF,
PREMIUM IF ANY, AND INTEREST ON SUCH DEBT; ALL OF THE ABOVE AS MAY BE
DETERMINED BY THE DISTRICT BOARD OF DIRECTORS; AND SHALL THE PROCEEDS OF
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 2018 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?
Votes cast: FOR: AGAINST:
4
Ballot Issue 5U (District Intergovernmental Agreements as Debt)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 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 CON TRACTS WITHOUT LIMIT AS TO
TERM WITH THE STATE, 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, FINANCE
OR REFINANCE THE COSTS OF 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 LAWFUL ACTIVITY OF THE DISTRICT, CONTAINING SUCH TERMS
AND CONDITIONS AS THE DISTRICT MAY DETERMINE TO BE NECESSARY AND
APPROPRIATE, ALL AS MAY BE PROVIDED IN SUCH ONE OR MORE
INTERGOVERNMENTAL AGREEMENTS OR OTHER CONTRACTS, SUCH AGREEMENTS AND
CONTRACTS TO BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT
TO EXCEED 18% PER ANNUM AND 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; SUCH TAXES TO CONSIST OF AN AD
VALOREM MILL LEVY IMPOSED ON ALL TAXABLE PROPERTY OF THE DISTRICT,
WITHOUT LIMITATIONRD OF DIRECTORS, AND INRATE OR WITH SUCH MITATIONS AS AMOUNTS SUFF
ICIENT CIENT Y BE DETERMINED
TO PRODUCE
BY THE DISTRICT
Page 18 of 23
0799.0009: 857613
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
THE ANNUAL INCREASE SET FORTH ABOVE OR SUCH LESSER AMOUNT AS MAY BE
NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING THE OBLIGATIONS OF THE
CONTRACTS WHEN DUE; AND SHALL THE PROCEEDS OF THE DEBT REPRESENTED BY
SUCH CONTRACTS, THE REVENUES FROM ALL TAXES FROM REVENUE SHARING
AGREEMENTS, ANY OTHER REVENUES USED TO PAY THE DEBT OBLIGATIONS
REPRESENTED BY SUCH CONTRACTS, AND ANY EARNINGS FROM THE INVESTMENT OF
SUCH PROCEEDS AND REVENUES BE COLLECTED, RETAINED AND SPENT BY THE
DISTRICT IN FISCAL YEAR 2018 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?
Votes cast: FOR: AGAINST:
4
Ballot Issue 5V (District Private Agreements as Debt)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 DEBT BE INCREASED BY
$249,000,000 WITH A REPAYMENT COST OF $1,598,400,000; AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 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 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 CONTRACTS TO BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE
NOT TO EXCEED 18% 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; 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 OBLIGATIONS OF THE
CONTRACTS WHEN DUE, THE PROCEEDS OF THE CONTRACTS, THE REVENUES FROM ALL
0799.0009: 857613
Page 19 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
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 IN FISCAL YEAR
2018 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?
Votes cast: FOR: AGAINST:
Ballot Issue 5W (Mortgage)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 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 $249,750,000, PLUS INTEREST
THEREON AT A NET EFFECTIVE INTEREST RATE NOT IN EXCESS OF 18% 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 MA 1"1 _ ERS ARISING UNDER THE
ENCUMBRANCES, ALL AS MAY BE DETERMINED BY THE BOARD OF DIRECTORS OF THE
DISTRICT?
Votes cast: FOR: AGAINST:
Ballot Issue 5X (Multiple Fiscal Year Intergovernmental Agreement)
0799.0009: 857613
Page 20 of 23
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 BE AUTHORIZED TO ENTER
INTO ONE OR MORE INTERGOVERNMENTAL AGREEMENTS WITH THE STATE, ONE OR
MORE POLITICAL SUBDIVISIONS OF THE STATE, A REGIONAL AUTHORITY, OR
GOVERNMENTALLY -OWNED ENTERPRISES, 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,
TOLLS, PENALTIES; AND OTHER CHARGES OR REVENUES OF THE DISTRICT, AND
COVENANTS, REPRESENTATIONS, AND WARRANTIES AS TO OTHER MA MRS ARISING
UNDER THE AGREEMENTS, ALL AS MAY BE DETERMINED BY THE DISTRICT BOARD OF
DIRECTORS?
Votes cast: FOR: AGAINST:
it 0
Ballot Issue 5Y (Multiple Fiscal Year Private Agreement)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 3 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 DETERMINE
RMTN�ECTO BE NECESSARY AND APG SUCH TERMS AND
OPRIATCONDE�oNS AS
WHICH
THE DISTRICT MAY
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 I COVENANTS,HEEAGREEMENTS,,NALL AS S MAY B DETERMINED BY THE UES AS TO OTHER D STRICT
TIERS
ARISING UNDER
BOARD OF DIRECTORS?
Votes cast: FOR: AGAINST:
Page 21 of 23
0799.0009: 857613
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
LA
Ballot Issue 5Z (Directional Drilling)
SHALL ST. VRAIN LAKES METROPOLITAN DISTRICT NO, 3 DEBT BE INCREASED BY
$249,750,000 WITH A REPAYMENT COST OF $1,598,400,000, AND SHALL ST. VRAIN LAKES
METROPOLITAN DISTRICT NO. 3 TAXES BE INCREASED $1,598,400,000 ANNUALLY OR
SUCH LESSER AMOUNT AS MAY BE NECESSARY FOR THE PAYMENT OF SUCH DEBTAND
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 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 18% PER ANNUM, SUCH INTEREST TO BE PAYABLE AT
SUCH TIME OR TIMES, AND WHICH MAY COMPOUND ANNUALLY OR SEMIANNUALLY,
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, 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 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 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?
Votes cast: FOR: AGAINST:
Page 22 of 23
0799.0009: 857613
JUDGES' ABSTRACT OF VOTES
St. Vrain Lakes Metropolitan District No. 3
November 7, 2017, Election
Dated this day of November, 2017.
By:
Election Judge
, Election Judge
Election Judge
This abstract shall be made by
mayhe be Moved aion t any time after ges and tforty-e'ght hours after the polls Cin a conspicuous place that ►osee seen from
outside the polling place, Y
Page 23 of 23
0799.0009; 857613
EXHIBIT B
(St. Vrain Lakes Metropolitan District No. 3, Form DLG-32, Notice of Special District or Issuance of
General Obligation Indebtedness)
0799.0002;86940(
4357332 12/04/2017 02:10 PM
Total Pages: 2 Rec Fee: $18.00
Carly Koppes - Clerk and Recorder, Weld County, CO
State of Colorado
Department of Local Affairs
Division of Local Government
Governor John W. Hickenlooper
Reeves Brown, Executive Director
FORM DLG-32
Notice of Special District Authorization or
Issuance of General Obligation Indebtedness
(CRS 32-1-1604)
Name of District:
St. Vrain Lakes Metropolitan District No. 3
Principal Amount:
See Exhibit A attached for Voter Authorization from the November 7,
2017 Election
Average Interest Rate:
N/A
Name of Bond Issue:
N/A
Credit Enhancement:
N/A
Rating and Rating Agency:
N/A
Dated as of:
N/A
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:
Blair M. Dickhoner, Esq.
White Bear Ankele Tanaka & Waldron
2154 E Commons Avenue, Suite 2000
Centennial, CO 80122
(303) 858-1800
District to Record with the County Clerk and Recorder within 30 days of Authorization or Issuance of Debt, and
Send Copy to: Division of Local Government, Department of Local Affairs, 1313 Sherman Street, Room 521,
Denver, CO 80203.
1313 Sherman Street, Room 321, Denver, Colorado 80203 (303) 866-2156 FAX (303) 866-4819 TDD (303) 866-5300
4357332 12/04/2017 02:10 PM
Page 2 of 2
EXHIBIT A to FORM DLG-32
St. Vrain Lakes Metropolitan District No. 3
Debt Authorization in the November 7, 2017 Election
$249,750,000
$249,750,000
$249,750,000
$249,750,000
$249,750,000
$249,750,000
$249,750,000
$249,750,000
$249,750,000
$249,750,000
$249,750,000
$249,750,000
$249,750,000
$249,750,000
$249,750,000
$249,750,000
In -District Special Assessment Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
Street Improvements Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
Parks and Recreation Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
Water Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
Sanitation/Storm Sewer Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
Transportation Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
Mosquito Control Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
Safety Protection Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
Fire Protection Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
Television Relay and Translation Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
Security Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
Operations and Maintenance Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
Refunding Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
District Intergovernmental Agreement Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
District Private Agreement Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
Directional Drilling Indebtedness Authorization
(Maximum repayment cost of $1,598,400,000)
1313 Sherman Street, Room 321, Denver, Colorado 80203 (303) 866-2156 FAX (303) 866-4819 TDD (303) 866-5300
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