Ballot Issue 6B: Colland Center Public Improvement District No. 82

The ballot question

SHALL TAXES BE INCREASED $182,000.00 ANNUALLY (IN THE FIRST YEAR) OR SUCH GREATER AMOUNT AS IS RAISED IN SUBSEQUENT YEARS WITHIN THE BOUNDARIES OF THE PROPOSED COLLAND CENTER PUBLIC IMPROVEMENT DISTRICT NO. 82 BY THE IMPOSITION OF AD VALOREM PROPERTY TAXES AT A MILL LEVY RATE NOT TO EXCEED 22.942 MILLS, THE REVENUES OF WHICH WILL BE COLLECTED BEGINNING JANUARY 1, 2027, AND EACH YEAR THEREAFTER, SUCH REVENUES TO BE USED FOR THE IMPROVEMENT AND MAINTENANCE OF ROADS AS REQUESTED IN THE PETITION FOR CREATION OF THE DISTRICT AND FOR THE GENERAL OPERATING EXPENSES; SHALL COLLAND CENTER PUBLIC IMPROVEMENT DISTRICT NO. 82 BE CREATED; AND SHALL THE PROCEEDS OF SUCH TAXES, THE SPECIFIC OWNERSHIP TAXES RECEIVED BY THE DISTRICT AND INVESTMENT EARNING ON BOTH CONSTITUTE VOTER APPROVED REVENUE AND/OR SPENDING CHANGES AND BE COLLECTED 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; AND SHALL THE DISTRICT BE AUTHORIZED TO COLLECT AND EXPEND FROM ITS MILL LEVY ANY SUCH AMOUNT WHICH IS MORE THAN THE AMOUNT WHICH WOULD OTHERWISE BE PERMITTED UNDER THE 5.5% LIMIT IMPOSED BY SECTION 29-1-301, COLORADO REVISED STATUTES IN 2027 AND EACH YEAR THEREAFTER?