Measure on the ballot in the 2022 Colorado General Election in Longmont.
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Get StartedWithout imposing new taxes or increasing existing taxes, shall the City of Longmont be authorized to borrow up to $20,000,000 for the purpose of financing storm drainage system improvements, including but not limited to improvements to the St. Vrain Creek drainageway from Sunset Street to Hover Street to protect downstream areas from future flooding; and shall the borrowing be evidenced by bonds, loan agreements, or other financial obligations payable solely from the City's storm drainage enterprise revenues and be issued at one time or in multiple series at a price above, below or equal to the principal amount of such borrowing and with such terms and conditions, including provisions for redemption prior to maturity with or without payment of premium, as the City may determine?
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