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<br />COORDINATED MAIL BALLOT ELECTION
<br />STATEMENT AND CERTIFICATE OF DETERMINATION
<br />OF A SPECIAL ELECTION HELD IN LOUISVILLE, COLORADO
<br />ON TUESDAY, NOVEMBER 5, 2002
<br />BALLOT ISSUE 2A
<br />SHALL CITY OF LOUISVILLE DEBT BE INCREASED $23,100,000, WITH A REPAYMENT COST OF $39,500,000, AND SHALL CITY OF LOUISVILLE TAXES BE
<br />INCREASED $1,975,800 ANNUALLY, OR BY SUCH LESSER AMOUNT AS MAY BE NECESSARY TO PAY SUCH DEBT; SUCH DEBT AND TAXES TO BE FOR THE
<br />PURPOSE OF CONSTRUCTING, EXPANDING, AND RENOVATING RECREATIONAL AND CULTURAL FACILITIES OF THE CITY CONSISTING OF THE LOUISVILLE
<br />LIBRARY, THE LOUISVILLE RECREATION/SENIOR CENTER, AND OUTDOOR POOL FACILITIES, TO INCLUDE ALL NECESSARY LAND, EQUIPMENT,
<br />FURNISHINGS, IMPROVEMENTS AND INCIDENTALS FOR SUCH FACILITIES; SUCH DEBT TO BE EVIDENCED BY THE ISSUANCE OF BONDS OR BONDS
<br />ISSUED TO REFUND SUCH BONDS; SUCH TAXES TO CONSIST OF AN ADDITIONAL AD VALOREM PROPERTY TAX MILL LEVY NOT TO EXCEED 5.340 MILLS
<br />BEGINNING JANUARY 1, 2003 AND CONTINUING FOR TWENTY YEARS THEREAFTER FOR THE PURPOSE OF REPAYMENT OF SUCH DEBT; SUCH BONDS
<br />TO BE SOLD IN ONE SERIES OR MORE IN AN AGGREGATE AMOUNT NOT TO EXCEED THE MAXIMUM AUTHORIZED PRINCIPAL AMOUNT AND REPAYMENT
<br />COSTS, ON TERMS AND CONDITIONS AS THE CITY COUNCIL MAY DETERMINE, INCLUDING PROVISIONS FOR THE REDEMPTION OF THE BONDS PRIOR TO
<br />MATURITY WITH OR WITHOUT PAYMENT OF PREMIUM; AND SHALL THE PROCEEDS OF ANY SUCH DEBT AND TAXES, AND ANY INVESTMENT INCOME
<br />THEREON, BE COLLECTED AND SPENT AS A VOTER-APPROVED REVENUE CHANGE AND AN EXCEPTION TO LIMITS WHICH WOULD OTHERWISE APPLY
<br />UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW?
<br />
<br /> YES 3,497
<br />
<br /> NO 4,165
<br />BALLOT ISSUE 2B
<br />SHALL CITY OF LOUISVILLE TAXES BE INCREASED $450,000 IN 2003 AND THEN ANNUALLY BY WHATEVER ADDITIONAL AMOUNTS ARE RAISED
<br />THEREAFTER FROM THE LEVY OF AN ADDITIONAL SALES AND USE TAX OF 0.140 PERCENT BEGINNING JANUARY 1, 2003 AND CONTINUING THEREAFTER,
<br />WITH SUCH TAX TO BE IMPOSED ONLY IF REFERRED MEASURE 2A, REFERRED TO REGISTERED ELECTORS OF THE CITY AT THE NOVEMBER 5, 2002,
<br />SPECIAL ELECTION, IS APPROVED BY A MAJORY OF SUCH ELECTORS; WITH THE NET PROCEEDS OF SUCH SALES AND USE TAX TO BE COLLECTED,
<br />RETAINED AND SPENT FOR OPERATING AND MAINTAINING RECREATIONAL AND CULTURAL FACILITIES OF THE CITY AND FOR ANY OTHER LAWFUL
<br />MUNICIPAL PURPOSE AND SHALL THE CITY BE PERMITTED TO COLLECT, RETAIN AND EXPEND ALL REVENUES DERIVED FROM SUCH SALES AND
<br />USE TAX AS A VOTER APPROVED REVENUE CHANGE AND AN EXCEPTION TO LIMITS WHICH WOULD OTHERWISE APPLY UNDER ARTICLE X, SECTION 20
<br />OF THE COLORADO CONSTITUTION OR ANY OTHER LAW?
<br />
<br /> YES 2,996
<br />
<br /> NO 4,382
<br />BALLOT ISSUE 2C
<br />SHALL CITY OF LOUISVILLE TAXES BE INCREASED $250,000 IN 2003 AND THEN ANNUALLY BY WHATEVER ADDITIONAL AMOUNTS ARE RAISED
<br />THEREAFTER BY THE IMPOSITION OF AN EXCISE TAX ON THE LEASING OR RENTING OF ANY LODGING LOCATED IN THE CITY AT THE RATE OF THREE
<br />PERCENT (3.0%) BEGINNING JANUARY 1, 2003 AND CONTINUING THEREAFTER, WITH THE NET PROCEED OF SUCH TAX TO BE COLLECTED, RETAINED,
<br />AND SPENT FOR OPERATING AND MAINTAINING RECREATIONAL AND CULTURAL FACILITIES OF THE CITY AND FOR ANY LAWFUL MUNICIPAL PURPOSE;
<br />AND SHALL THE CITY BE PERMITTED TO COLLECT, RETAIN AND EXPEND ALL REVENUES DERIVED FROM SUCH TAX AS A VOTER-APPROVED REVENUE
<br />CHANGE AND AN EXCEPTION TO LIMITS WHICH WOULD OTHERWISE APPLY UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY
<br />OTHER LAW?
<br />
<br /> YES 4,156
<br />
<br /> NO 3,241
<br />BALLOT ISSUE 2D
<br />SHALL CITY OF LOUISVILLE TAXES BE INCREASED $1,500,000 IN 2004 AND THEN ANNUALLY BY WHATEVER ADDITIONAL AMOUNTS ARE RAISED
<br />THEREAFTER FROM THE CONTINUATION OF THE SALES AND USE TAX OF 0.375 PERCENT BEGINNING JANUARY 1, 2004 AND EXPIRING TEN YEARS
<br />AFTER SUCH DATE; WITH THE NET PROCEEDS OF SUCH SALES AND USE TAX TO BE COLLECTED, RETAINED AND SPENT EXCLUSIVELY FOR THE
<br />ACQUISITION OF LAND IN AND AROUND THE CITY OF LOUISVILLE FOR OPEN SPACE BUFFER ZONES, TRAILS, WILDLIFE HABITATS, WETLANDS
<br />PRESERVATION AND FUTURE PARKS; AND FOR THE DEVELOPMENT, CONSTRUCTION, OPERATION AND MAINTENANCE OF SUCH OPEN SPACE ZONES,
<br />TRAILS, WILDLIFE HABITATS, WETLANDS AND PARKS; AND SHALL THE CITY BE PERMITTED TO COLLECT, RETAIN AND EXPEND ALL REVENUES DERIVED
<br />FROM SUCH SALES AND USE TAX AS A VOTER-APPROVED REVENUE CHANGE AND AN EXCEPTION TO LIMITS WHICH WOULD OTHERWISE APPLY UNDER
<br />ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW?
<br />
<br /> YES 4,861
<br />
<br /> NO 2,789
<br />I, THE UNDERSIGNED CITY CLERK FOR THE CITY OF LOUISVILLE, COLORADO, DO HEREBY CERTIFY THAT I CONDUCTED, IN COORDINATION
<br />WITH BOULDER COUNTY, COLORADO, A REGULAR ELECTION ON TUESDAY, THE 5TH DAY OF NOVEMBER, 2002, FOR BALLOT ISSUES 2A;
<br />2B; 2C AND 2D AND THAT THE RESULTS OF THE ELECTION ARE TRUE AND CORRECT, AS SHOWN BY THE BALLOTS CAST IN THE CITY OF
<br />LOUISVILLE, COLORADO.
<br />WITNESS MY HAND AND SEAL THIS 6TH DAY OF NOVEMBER, 2002.
<br />NANCY VARRA
<br /> CITY CLERK, CITY OF LOUISVILLE
<br />STATE OF COLORADO
<br />COUNTY OF BOULDER
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