Issue 2F - Authorizing the City of Loveland to Impose an Additional 0.37% Sales Tax to Fund Fire Protection Services Provided Through the Loveland Fire Rescue Authority

Shall city of loveland taxes be increased $10.0 million annually in the first full fiscal year and by whatever additional amounts are generated annually in each subsequent year from the imposition of an additional 0.37% sales tax with the revenue generated by such additional sales tax to be used solely for the funding of fire protection services provided through the loveland fire rescue authority, including: · providing staffing, equipment and training to address wildfires and reduce wildfire risk across the authority's service area, · hiring new firefighters, and · funding capital improvements to the loveland fire rescue authority training center, provided that all expenditures will be subject to an annual independent audit published on the city's website, overseen by a committee of city residents and reviewed publicly; and, in the event that the authority becomes a fire protection district, shall such additional sales tax terminate on the first day of the seventh month after the fire protection district certifies its first mill levy; and shall the proceeds of such taxes and investment income thereon be collected and spent by the city as a voter approved revenue change under article x, section 20 of the colorado constitution or any other law?