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Town of Hayden Ballot Issue 2B

SHALL THE TOWN OF HAYDEN DEBT BE INCREASED $3,800,000, WITH A MAXIMUM REPAYMENT COST OF UP TO $7,200,000, SUCH DEBT TO CONSIST OF SALES TAX REVENUE BONDS TO BE PAYABLE FROM ALL OR A PORTION OF THE TOWN'S SALES TAX AND ISSUED SOLELY FOR PARKS AND RECREATION PURPOSES, INCLUDING BUT NOT LIMITED TO: ACQUIRING, DEVELOPING, RENOVATING AND EQUIPPING THE HAYDEN RECREATION CENTER AND RELATED FACILITIES; AND SUCH BONDS TO BE DATED AND SOLD AT SUCH TIME, AND AT SUCH PRICES (AT, ABOVE OR BELOW PAR) AND CONTAINING SUCH TERMS, NOT INCONSISTENT HEREWITH, AS THE TOWN COUNCIL MAY DETERMINE; AND SHALL THE EARNINGS ON THE INVESTMENT OF THE PROCEEDS OF SUCH BONDS (REGARDLESS OF AMOUNT) AND THE FUNDS USED FOR THE PAYMENT OF THE BONDS CONSTITUTE A VOTER-APPROVED REVENUE CHANGE AND AN EXCEPTION TO THE REVENUE AND SPENDING LIMITS OF ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION?

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  • Yes - For the Measure

  • No - Against the Measure