Ballot Issue 2F: City of Greeley

The ballot question

SHALL CITY OF GREELEY TAXES BE INCREASED $20 MILLION IN 2027 (FIRST YEAR OF COLLECTION) AND BY SUCH ADDITIONAL AMOUNTS AS ARE COLLECTED EACH YEAR THEREAFTER FOR THE SOLE PURPOSE OF FUNDING THE FINANCING, DESIGN, CONSTRUCTION, IMPROVEMENT, RENOVATION, EXPANSION, ADDITION, OPERATION AND MAINTENANCE OF: THE DOWNTOWN CIVIC CAMPUS PROJECT INCLUDING A CITY HALL, PUBLIC PLAZA, PARKING GARAGE AND RELATED INFRASTRUCTURE, AMENITIES AND IMPROVEMENTS; THE WEST GREELEY CATALYST PROJECT, INCLUDING AN ARENA, YOUTH ICE CENTER, WATER PARK, HOTEL, AND RELATED INFRASTRUCTURE, AMENITIES AND IMPROVEMENTS; RECREATIONAL, CULTURAL, AND SERVICE FACILITIES INCLUDING RELATED INFRASTRUCTURE, AMENITIES AND IMPROVEMENTS; CITY PARKS, PLAYGROUNDS, SWIMMING POOLS, TRAILS AND OTHER OUTDOOR SPACES INCLUDING RELATED INFRASTRUCTURE, AMENITIES AND IMPROVEMENTS; BY INCREASING THE EXISTING SALES AND USE TAX RATE BY 0.6% (EQUAL TO 60 CENTS ON A $100 PURCHASE), EXCLUDING THE CITY SALES TAX ON FOOD, THEREBY PRESERVING EXISTING CITY REVENUES TO ADDRESS STREETS, OTHER CITY FACILITIES, CAPITAL IMPROVEMENTS AND DEFERRED MAINTENANCE; WITH SUCH EXPENDITURES TO BE SUBJECT TO INDEPENDENT REVIEW BY A CITIZENS COMMITTEE; AND SHALL THE ADDITIONAL SALES AND USE TAX AUTHORIZED BY THIS QUESTION TERMINATE WHEN THE FINANCINGS FOR THE CIVIC CAMPUS PROJECT AND WEST GREELEY CATALYST PROJECT IDENTIFIED HEREIN AND ANY REFUNDINGS OF SUCH FINANCINGS ARE PAID IN FULL BUT NO LATER THAN DECEMBER 31, 2067; AND SHALL THE CITY BE AUTHORIZED TO PLEDGE THE REVENUES COLLECTED BY THE CITY PURSUANT TO THIS QUESTION TO THE FINANCING FOR ANY OF THE PROJECTS IDENTIFIED HEREIN AS A MULTIPLE FISCAL YEAR FINANCIAL OBLIGATION OF THE CITY; AND SHALL THE CITY BE AUTHORIZED TO PLEDGE ANY OTHER REVENUES COLLECTED BY THE CITY FROM THE CATALYST PROJECT TO THE FINANCING FOR THE CATALYST PROJECT AS A MULTIPLE FISCAL YEAR FINANCIAL OBLIGATION OF THE CITY; AND SHALL ALL AMOUNTS RECEIVED BY THE CITY FROM SUCH TAXES AND THE EARNINGS THEREON BE COLLECTED AND SPENT WITHOUT LIMITATION OR CONDITION AS A VOTER-APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, OR ANY OTHER LAW?