Referendum 3B - Eagle County School District Debt Increase

SHALL EAGLE COUNTY SCHOOL DISTRICT RE50J DEBT BE INCREASED $144 MILLION, WITH A REPAYMENT COST OF UP TO $233 MILLION AND SHALL DISTRICT TAXES BE INCREASED UP TO $18 MILLION ANNUALLY, AND SHALL THE PROCEEDS OF SUCH DEBT BE USED FOR THE PURPOSES PERMITTED BY STATE LAW INCLUDING BUT NOT LIMITED TO: *IMPROVING SCHOOL SAFETY AND SECURITY, INCLUDING SECURE ENTRANCES AND SAFETY EQUIPMENT; *PROVIDING STUDENTS WITH MODERN TECHNOLOGY TO GAIN THE SKILLS NEEDED FOR TOMORROW'S JOBS AND CAREERS; *ADDRESSING THE MAJOR REPAIR BACKLOG TO UPGRADE AND RENOVATE CLASSROOMS AND BUILDINGS; *RENOVATING AND/OR RECONSTRUCTING SCHOOL BUILDINGS AT EAGLE VALLEY MIDDLE SCHOOL, EAGLE VALLEY ELEMENTARY, AND RED SANDSTONE ELEMENTARY TO ACCOMMODATE STUDENT POPULATION GROWTH AND PROVIDE COMPARABLE LEARNING ENVIRONMENTS TO THAT OF OTHER DISTRICT SCHOOLS; *ADDING CLASSROOMS AND OTHER LEARNING SPACES TO EAGLE VALLEY HIGH SCHOOL TO INCREASE INSTRUCTIONAL OPPORTUNITIES IN SCIENCE,TECHNOLOGY, ENGINEERING, MATH AND OTHER CAREER SKILLS; *ACQUIRING, CONSTRUCTING AND IMPROVING CLASSROOM SPACE AND IMPROVING BUILDING QUALITY IN OTHER DISTRICT SCHOOLS AND PROVIDING ACCESS IN AND TO DISTRICT FACILITIES; AND SHALL THE MILL LEVY BE ESTABLISHED ANNUALLY AT A RATE SUFFICIENT TO PAY THE PRINCIPAL OF, PREMIUM, IF ANY, AND INTEREST ON SUCH DEBT 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 A PREMIUM CALL; AND SHALL THE EARNINGS FROM THE INVESTMENT OF SUCH BOND PROCEEDS AND TAX REVENUES BE COLLECTED, RETAINED AND SPENT AS A VOTER APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW?