Ballot Issue 6E: Thompson Crossing Metropolitan District No. 2

The ballot question

WITHOUT INCREASING THE DISTRICT'S AVERAGE PROPERTY TAX MILL LEVY FOR THE LAST 10 YEARS, SHALL THOMPSON CROSSING METROPOLITAN DISTRICT NO. 2 DEBT BE INCREASED UP TO $16 MILLION, WITH A MAXIMUM REPAYMENT COST OF UP TO $36 MILLION, FOR THE PURPOSE OF FINANCING PUBLIC IMPROVEMENTS, INCLUDING: A NEW MULTI-USE 10' PAVED TRAIL ALONG THE SOUTHERN BOUNDARY OF THE DISTRICT LOWERING THE INTEREST RATES ON OBLIGATIONS FOR IMPROVEMENTS RELATED TO STREETS, WATER, SANITARY SEWER, STORM DRAINAGE, LANDSCAPING, PARKS AND RECREATION, SAFETY PROTECTION, TRANSPORTATION, AND SECURITY; SUCH DEBT TO CONSIST OF GENERAL OBLIGATION BONDS, WHICH BONDS SHALL BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 5.25% PER ANNUM; SUCH BONDS TO BE PAYABLE FROM PROPERTY TAXES PREVIOUSLY APPROVED AT THE DISTRICT'S 2001 ELECTION; AND SHALL ALL SUCH REVENUES AND ANY EARNINGS FROM THE INVESTMENT OF SUCH REVENUES AND THE PROCEEDS OF THE BONDS CONSTITUTE A VOTER-APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION?