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<br />COORDINATED MAIL BALLOT ELECTION
<br />STATEMENT AND CERTIFICATE OF DETERMINATION
<br />OF A REGULAR ELECTION HELD IN LOUISVILLE, COLORADO
<br />ON TUESDAY, NOVEMBER 4, 2003
<br />CANDIDATES FOR THE OFFICE OF MAYOR, CITY COUNCIL WARD I, II AND III OF VOTES
<br />Mayor
<br />Charles L. Sisk 4,105
<br />City Council - Ward I
<br />Dave Clabots 876
<br />Eva Kosinski 633
<br />City Council - Ward II
<br />Sheri Marsella 1,191
<br />City Council Ward - III
<br />Don Brown 1,179
<br />Randy Luallin 370
<br />BALLOT ISSUE 2A
<br />SHALL CITY OF LOUISVILLE TAXES INCREASED $150,000 IN 2004 AND THEN ANNUALLY BY WHATEVER ADDITIONAL AMOUNTS ARE RAISED
<br />THEREAFTER FROM THE CONTINUATION OF THE USE TAX OF 3.0 PERCENT FUPON THE PRIVILEGE OF USING OR CONSUMING WITHIN THE CITY
<br />CONSTRUCTION AND BUILDING MATERIALS PURCHASED AT RETAIL FOR USE IN CONNECTION WTH RESIDENTIAL CONSTRUCTION OR
<br />RESIDENTIAL BUILDING PROJECTS, SUCH USE TAX TO BEGIN JANUARY 1, 2004 AND EXPIRE TEN YEARS AFTER SUCH DATE, WITH THE NET
<br />PROCEEDS OF SUCH USE TAX TO BE COLLECTED, RETAINED AND SPENT EXCLUSIVELY FOR PURPOSES DETERMINED BY THE CITY COUNCIL
<br />TO FURTHER THE ACQUISTION, CONSRUCTION, IMPROVEMENT, OR EXPANSION OF CAPITAL FACILITIES, CAPITAL PROJECTS OR EQUIPMENT
<br />OWNED BY THE CITY OR THE BOULDER VALLEY SCHOOL DISTRICT RE-2, LOCATED WITHIN THE CITY, AND BENEFITTING YOUTH WITHIN THE
<br />COMMUNITY; AND SHALL THE CITY BE PERMITTED TO COLLECT, RETAIN AND EXPEND ALL REVENUES DERIVED FROM SUCH USE TAX AS A
<br />VOTER-APPROVED REVENUE CHANGE AND AN EXCEPTION TO LIMITS WHICH WOULD OTHERWISE APPLY UNDER ARTICLE X, SECTION 10 OF
<br />THE COLORADO CONSTITUTION OR ANY OTHER LAW?
<br />
<br /> YES 2,368
<br />
<br /> NO 3,360
<br />BALLOT ISSUE 2B
<br />SHALL CITY OF LOUISVILLE DEBT BE INCREASED $7,405,000, WITH A REPAYMENT COST OF $12,004,020; AND SHALL CITY OF LOUISVILLE
<br />TAXES BE INCREASED $586,400 ANNUALLY, OR BY SUCH LESSER AMOUNT AS MAY BE NECESSARY TO PAY SUCH DEBT; SUCH DEBT AND
<br />TAXES TO BE FOR THE PURPOSE OF CONSTRUCTING A NEW CITY OF LOUISVILLE LIBRARY, TO INCLUDE ALL NECESSARY LAND, EQUIPMENT,
<br />FURNISHINGS, IMPROVEMENTS AND INCIDENTIALS FOR SUCH LIBRARY; SUBH DEBT TO BE EVIDENCED BY THE ISSUANCE OF BONDS OR
<br />BONDS ISSUED TO REFUND SUCH BONDS; SUCH TAXES TO CONSIST OF AN ADDITIONAL AD VALOREM PROPERTY TAX MILL LEVY NOT BE
<br />EXCEED 1.581 MILLS BEGINNING JANUARY 1, 2004 AND CONTINUING FOR TWENTY YEARS THEREAFTER FOR THE PURPOSE OF REPAYMENT
<br />OF SUCH DEBT; SUCH BONDS TO BE SOLD IN ONE SERIES OR MORE IN AN AGGREGATE AMOUNT NOT TO EXCEED THE MAXIMUM
<br />AUTHORIZED PRINCIPAL AMOUNT AND REPAYMENT COSTS, ON TERMS AND CONDITIONS AS THE CITY COUNCIL MAY DETERMINE, INCLUDING
<br />PROVISIONS FOR THE REDEMPTION OF THE BONDS PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF A PREMIUM; AND SHALL THE
<br />PROCEEDS OF ANY SUCH DEBT AND TAXES, AND ANY INVESTMENT INCOME THEREON, BE COLLECTED AND SPENT AS A VOTER-APPROVED
<br />REVENUE CHANGE AND AN EXCEPTION TO LIMITS WHICH WOULD OTHERWISE APLY UNDER ARTICLE X, SECTION OF THE COLORADO
<br />CONSTITUTION OR ANY OTHER LAW?
<br />
<br /> YES 3,436
<br />
<br /> NO 2,408
<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 4TH DAY OF NOVEMBER, 2003, FOR CANDIDATES FOR
<br />MUNICIPAL OFFICE AND BALLOT ISSUES 2A AND 2B AND THAT THE RESULTS OF THE ELECTION ARE TRUE AND CORRECT, AS SHOWN BY
<br />THE BALLOTS CAST IN THE CITY OF LOUISVILLE, COLORADO.
<br />WITNESS MY HAND AND SEAL THIS 4TH DAY OF NOVEMBER, 2003.
<br />NANCY VARRA
<br /> CITY CLERK, CITY OF LOUISVILLE
<br />STATE OF COLORADO
<br />COUNTY OF BOULDER
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