Ballot Issue 3D - Weld County School District Debt Increase

SHALL WELD COUNTY SCHOOL DISTRICT NO. 1 DEBT BE INCREASED BY $62 MILLION, WITH A MAXIMUM REPAYMENT COST OF $85,470,000, AND SHALL DISTRICT TAXES BE INCREASED NOT MORE THAN $5,995,000 ANNUALLY FOR THE FOLLOWING PURPOSES INCLUDING BUT NOT LIMITED TO THE FOLLOWING: "¢ REPAIRING AND UPGRADING EXISTING SCHOOLS IN ORDER TO EXTEND THEIR USEFUL LIFE, REDUCE COSTS OF EMERGENCY REPAIRS, AND IMPROVE ENERGY EFFICIENCY BY REPLACING OUTDATED ROOFING, UPDATING HEATING AND VENTILATION SYSTEMS, REPLACING SINGLE-PANE WINDOWS, REPLACING OUTDATED LIGHTING, AND ADDRESSING DRAINAGE ISSUES; "¢ IMPROVING ACCESSIBILITY FOR STUDENTS, STAFF AND VISITORS WITH DISABILITIES; "¢ CONSTRUCTING CLASSROOM ADDITIONS TO NORTH VALLEY MIDDLE SCHOOL, AND ADDING A NEW GYMNASIUM AT PLATTEVILLE ELEMENTARY; "¢ MAINTAINING AND UPGRADING CLASSROOMS AND EQUIPMENT DISTRICTWIDE; AND SHALL THE MILL LEVY BE INCREASED IN ANY YEAR, WITHOUT LIMITATION OF RATE AND IN AN AMOUNT SUFFICIENT TO PAY THE ANNUAL DEBT SERVICE AS SET FORTH ABOVE OR ANY REFUNDING DEBT (OR TO CREATE A RESERVE FOR SUCH PAYMENT), SUCH DEBT TO BE EVIDENCED BY THE ISSUANCE OF GENERAL OBLIGATION BONDS; SUCH BONDS TO BE SOLD IN ONE SERIES OR MORE, FOR A PRICE ABOVE OR BELOW THE PRINCIPAL AMOUNT OF SUCH SERIES, ON TERMS AND CONDITIONS, AND WITH SUCH MATURITIES AS PERMITTED BY LAW AND AS THE DISTRICT MAY DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE BONDS PRIOR TO MATURITY WITHOUT PAYMENT OF A PREMIUM?