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Home My WebLink About20061107 MAB GID Mail Ballot Election Results Summary ABSTRACT OF VOTES NOVEMBER 7 , 2006 IN THE COUNTY OF EL PASO IN THE STATE OF COLORADO At the Mail Ballot Election for the Colorado Springs Marketplace at Austin Bluffs General Improvement District ( MAB GID ) held on Tuesday , November 7 , 2006 , the following questions received respectfully the following votes : QUESTION NO . 3-A " SHALL THE CITY OF COLORADO SPRINGS , COLORADO MARKETPLACE AT AUSTIN BLUFFS GENERAL IMPROVEMENT DISTRICT ' S TAXES BE INCREASED UP TO $ 20 , 000 ANNUALLY FOR THE PURPOSE OF PAYING THE DISTRICT ' S OPERATIONS , MAINTENANCE AND OTHER EXPENSES ; SHALL AD VALOREM PROPERTY TAXES BE LEVIED IN ANY YEAR AT A RATE SUFFICIENT TO GENERATE AN AMOUNT ANNUALLY DETERMINED BY THE GOVERNING BODY OF THE DISTRICT BUT NOT IN EXCESS OF THE AMOUNT SPECIFIED ABOVE ; AND SHALL THE PROCEEDS OF SUCH TAXES AND INVESTMENT INCOME THEREON ( REGARDLESS OF AMOUNT) BE COLLECTED AND SPENT BY THE DISTRICT AS A VOTER-APPROVED REVENUE CHANGE WITHIN THE MEANING OF ARTICLE X , SECTION 20 OF THE COLORADO CONSTITUTION AND AN EXEMPTION FROM THE LIMITATION CONTAINED IN SECTION 29- 1 - 301 OF THE COLORADO REVISED STATUTEST YES 1 NO 0 TOTAL 1 QUESTION NO . 3- 13 " SHALL THE CITY OF COLORADO SPRINGS , COLORADO MARKETPLACE AT AUSTIN BLUFFS GENERAL IMPROVEMENT DISTRICT 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 , GRANTS OR ANY OTHER FEE , RATE , TOLL , PENALTY , OR CHARGE AUTHORIZED BY LAW OR CONTRACT TO BE IMPOSED , COLLECTED OR RECEIVED BY THE DISTRICT DURING 2006 AND EACH FISCAL YEAR THEREAFTER , SUCH AMOUNTS TO CONSTITUTE A VOTER -APPROVED REVENUE CHANGE AND BE COLLECTED , RETAINED AND SPENT BY THE DISTRICT WITHOUT REGARD TO ANY SPENDING , REVENUE - RAISING , OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X , SECTION 20 OF THE COLORADO CONSTITUTION , THE LIMITS IMPOSED ON INCREASES IN PROPERTY TAXATION BY SECTION 29 - 1 - 301 , C . R . S . IN ANY SUBSEQUENT YEAR , OR ANY OTHER LAW WHICH PURPORTS TO LIMIT THE DISTRICT ' S REVENUES OR EXPENDITURES AS IT CURRENTLY EXISTS OR AS IT MAY BE AMENDED IN THE FUTURE , AND WITHOUT LIMITING IN 20061107 MAB GID Mail Ballot Election Results Summary | Election Records | Election | Imported | 13096 | 11/07/2006 | 11/7/2006 | ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED , RETAINED AND SPENT BY THE DISTRICT? " YES 1 NO 0 TOTAL 1 QUESTION NO . 3-C " SHALL THE CITY OF COLORADO SPRINGS , COLORADO MARKETPLACE AT AUSTIN BLUFFS GENERAL IMPROVEMENT DISTRICT DEBT BE INCREASED $ 814 , 000 WITH A REPAYMENT COST OF $ 3 , 256 , 000 OR SUCH LESSER AMOUNT AS MAY BE NECESSARY , AND SHALL THE CITY OF COLORADO SPRINGS , COLORADO MARKETPLACE AT AUSTIN BLUFFS GENERAL IMPROVEMENT DISTRICT TAXES BE INCREASED $ 3 , 256 , 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 , FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING , ACQUIRING , CONSTRUCTING , RELOCATING , INSTALLING , COMPLETING AND OTHERWISE PROVIDING , WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT , STREET IMPROVEMENTS , INCLUDING BUT NOT LIMITED TO CURBS , GUTTERS , CULVERTS , AND OTHER DRAINAGE FACILITIES , UNDERGROUND CONDUITS , SIDEWALKS , TRAILS , PUBLIC PARKING LOTS , STRUCTURES AND FACILITIES , PAVING , LIGHTING , GRADING , LANDSCAPING , BIKE PATHS AND PEDESTRIAN WAYS , PEDESTRIAN OVERPASSES , RETAINING WALLS , FENCING , ENTRY MONUMENTATION , STREETSCAPING , BRIDGES , OVERPASSES , UNDERPASSES , INTERCHANGES , MEDIAN ISLANDS , IRRIGATION , AND A SAFETY PROTECTION SYSTEM THROUGH TRAFFIC AND SAFETY CONTROLS AND DEVICES ON STREETS AND HIGHWAYS AND AT RAILROAD CROSSINGS , SIGNALIZATION , SIGNING AND STRIPING , AREA IDENTIFICATION , DRIVER INFORMATION AND DIRECTIONAL ASSISTANCE SIGNS , TOGETHER WITH ALL NECESSARY , INCIDENTAL , AND APPURTENANT FACILITIES , EQUIPMENT , LAND AND EASEMENTS AND EXTENSIONS OF AND IMPROVEMENTS TO SUCH FACILITIES , SUCH DEBT TO BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 12 % PER ANNUM AND TO MATURE NO MORE THAN 25 YEARS FROM THE DATE OF ISSUANCE THEREOF ; 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 AMOUNT OR WITH SUCH LIMITATIONS , ALL OF THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS , TO BE USED 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 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 1 NO 0 TOTAL 1 QUESTION NO . 3- D " SHALL THE CITY OF COLORADO SPRINGS , COLORADO MARKETPLACE AT AUSTIN BLUFFS GENERAL IMPROVEMENT DISTRICT DEBT BE INCREASED $ 963 , 000 WITH A REPAYMENT COST OF $ 3 , 852 , 000 OR SUCH LESSER AMOUNT AS MAY BE NECESSARY , AND SHALL THE CITY OF COLORADO SPRINGS , COLORADO MARKETPLACE AT AUSTIN BLUFFS GENERAL IMPROVEMENT DISTRICT TAXES BE INCREASED $ 3 , 852 , 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 , FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING , ACQUIRING , CONSTRUCTING , RELOCATING , INSTALLING , COMPLETING AND OTHERWISE PROVIDING , WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT , PARKS AND RECREATION FACILITIES , IMPROVEMENTS AND PROGRAMS , INCLUDING BUT NOT LIMITED TO COMMUNITY PARKS , BIKE PATHS AND PEDESTRIAN WAYS , FENCING , OPEN SPACE , LANDSCAPING , AND WEED CONTROL , 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 12 % PER ANNUM AND TO MATURE NO MORE THAN 25 YEARS FROM THE DATE OF ISSUANCE THEREOF ; 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 AMOUNT OR WITH SUCH LIMITATIONS , ALL OF THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS , TO BE USED 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 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 1 NO 0 TOTAL 1 QUESTION NO . 3- E " SHALL THE CITY OF COLORADO SPRINGS , COLORADO MARKETPLACE AT AUSTIN BLUFFS GENERAL IMPROVEMENT DISTRICT DEBT BE INCREASED $429 , 000 WITH A REPAYMENT COST OF $ 11716 , 000 OR SUCH LESSER AMOUNT AS MAY BE NECESSARY , AND SHALL THE CITY OF COLORADO SPRINGS , COLORADO MARKETPLACE AT AUSTIN BLUFFS GENERAL IMPROVEMENT DISTRICT TAXES BE INCREASED $ 1 , 716 , 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 , FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING , ACQUIRING , CONSTRUCTING , RELOCATING , INSTALLING , COMPLETING AND OTHERWISE PROVIDING , WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT , A POTABLE AND NON - POTABLE WATER SUPPLY , STORAGE , TRANSMISSION AND DISTRIBUTION SYSTEM FOR DOMESTIC AND OTHER PUBLIC AND PRIVATE PURPOSES BY ANY AVAILABLE MEANS , AND TO PROVIDE ALL NECESSARY OR PROPER TREATMENT WORKS AND FACILITIES , EQUIPMENT , AND APPURTENANCES INCIDENT THERETO , INCLUDING BUT NOT LIMITED TO WELLS , WATER PUMPS , WATER LINES , WATER FEATURES , PURIFICATION PLANTS , PUMP STATIONS , TRANSMISSION LINES , DISTRIBUTION MAINS AND LATERALS , FIRE HYDRANTS , METERS , WATER TAPS , IRRIGATION FACILITIES , CANALS , DITCHES , WATER RIGHTS , FLUMES , PARTIAL FLUMES , HEADGATES , DROP STRUCTURES , STORAGE RESERVOIRS AND FACILITIES , TOGETHER WITH ALL NECESSARY , INCIDENTAL AND APPURTENANT FACILITIES , EQUIPMENT , LAND , EASEMENTS , AND EXTENSIONS OF AND IMPROVEMENTS TO SUCH FACILITIES , SUCH DEBT TO BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 12 % PER ANNUM AND TO MATURE NO MORE THAN 25 YEARS FROM THE DATE OF ISSUANCE THEREOF ; 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 AMOUNT OR WITH SUCH LIMITATIONS , ALL OF THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS , TO BE USED 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 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 1 NO 0 TOTAL 1 QUESTION NO . 3- F " SHALL THE CITY OF COLORADO SPRINGS , COLORADO MARKETPLACE AT AUSTIN BLUFFS GENERAL IMPROVEMENT DISTRICT DEBT BE INCREASED $ 2 , 825 , 000 WITH A REPAYMENT COST OF $ 11 , 300 , 000 OR SUCH LESSER AMOUNT AS MAY BE NECESSARY , AND SHALL THE CITY OF COLORADO SPRINGS , COLORADO MARKETPLACE AT AUSTIN BLUFFS GENERAL IMPROVEMENT DISTRICT TAXES BE INCREASED $ 11 , 300 , 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 , FINANCING OR REIMBURSING ALL OR ANY PART OF THE COSTS OF DESIGNING , ACQUIRING , CONSTRUCTING , RELOCATING , INSTALLING , COMPLETING AND OTHERWISE PROVIDING , WITHIN OR WITHOUT THE BOUNDARIES OF THE DISTRICT , A SANITATION SYSTEM WHICH MAY CONSIST OF STORM OR SANITARY SEWERS , OR BOTH , FLOOD AND SURFACE DRAINAGE , TREATMENT AND DISPOSAL WORKS AND FACILITIES , OR SOLID WASTE DISPOSAL FACILITIES OR WASTE SERVICES , AND ALL NECESSARY OR PROPER EQUIPMENT AND APPURTENANCES INCIDENT 'THERETO , INCLUDING BUT NOT LIMITED TO TREATMENT PLANTS AND FACILITIES , COLLECTION MAINS AND LATERALS , LIFT STATIONS , TRANSMISSION LINES , CANALS , SLUDGE HANDLING , REUSE AND DISPOSAL FACILITIES , AND/OR STORM SEWER , FLOOD AND SURFACE DRAINAGE. FACILITIES AND SYSTEMS , INCLUDING DETENTION /RETENTION PONDS , BOX CULVERTS AND ASSOCIATED IRRIGATION FACILITIES , EQUIPMENT , LAND , EASEMENTS AND SEWER TAPS , AND EXTENSIONS OF AND IMPROVEMENTS TO SUCH FACILITIES , SUCH DEBT TO BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 12 % PER ANNUM AND TO MATURE NO MORE THAN 25 YEARS FROM THE DATE OF ISSUANCE THEREOF ; 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 AMOUNT OR WITH SUCH LIMITATIONS , ALL OF THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS , TO BE USED 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 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 1 NO 0 TOTAL 1 QUESTION NO . 3- G " SHALL THE CITY OF COLORADO SPRINGS , COLORADO MARKETPLACE AT AUSTIN BLUFFS GENERAL IMPROVEMENT DISTRICT DEBT BE INCREASED $ 29 , 000 WITH A REPAYMENT COST OF $ 116 , 000 OR SUCH LESSER AMOUNT AS MAY BE NECESSARY , AND SHALL THE CITY OF COLORADO SPRINGS , COLORADO MARKETPLACE AT AUSTIN BLUFFS GENERAL IMPROVEMENT DISTRICT TAXES BE INCREASED $ 116 , 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 , 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 , IMPROVEMENTS AND EQUIPMENT FOR FIRE PROTECTION , 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 12 % PER ANNUM AND TO MATURE NO MORE THAN 25 YEARS FROM THE DATE OF ISSUANCE THEREOF ; 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 AMOUNT OR WITH SUCH LIMITATIONS , ALL OF THE ABOVE AS MAY BE DETERMINED BY THE DISTRICT BOARD OF DIRECTORS , TO BE USED 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 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 1 NO 0 TOTAL 'I TOTAL BALLOTS ON HAND 5 TOTAL BALLOTS MAILED 1 BALLOTS NOT RETURNED 0 TOTAL VOTES CAST 1 TOTAL REPLACEMENT BALLOTS ISSUED 0 TOTAL SPOILED BALLOTS 0 TOTAL REJECTED BALLOTS 0 TOTAL BALLOTS RETURNED UNDELIVERABLE 0 TOTAL UNUSED BALLOTS 4 TOTAL RECEIVED AFTER DEADLINE 0 CANVASS REVIEW BOARD thryn M . oung , MC CERA Cindy Donway , CMC ty Clerk Deputy ity Clerk Val Blain A . Johnson Sr . Information Systen s Analyst CERTIFICATION OF OFFICIAL RESULTS .. _.... 1, bCp -� '/ - G *ahCt, n . ung , CM /CER Date Lio a Rivera Date Mayor November 7 , 2006 Canvas Report Office of the City Clerk Marketplace at Austin Bluffs General Improvement District Mail Ballot Election Ballots Issued / Allocated Ballot Processing Count Status 1 Initial Ballot Batch Ballots 0 Provisional Ballot 1 1 0 Replacement Ballot 1 Non -Rejected Ballots 1 Total Cards Cast 0 Incomplete (No Signature) 0 Empty Secrecy Sleeve 0 Late Return 1 Envelopes Accepted 0 Spoiled 0 Undeliverable 0 Rejected Ballots 1 Total Issued / Allocated Returned Envelopes Count Status 1 Envelopes Accepted 0 Envelopes Rejected 1 Envelopes Returned _ 0 Envelopes Not Returned 0 Envelopes Not Returned 1 Total Envelopes Canvas Review Board i9 0(� !/ / 4FA K thryn M . oung, CMC , ERA ate Cindy away ate ty Clerk Deputy City Clerk Blain Alan Johnson Date Sr . Info Sys . Analyst Certification of Official Results K hryn M . oung, CMC , ERA Date el Rivera Date Ci Clerk Mayor 11 /9/2006 3 : 01 PM Page 1 of 1