YES!

Ballot Issue 2I:

Ballot Issue 2H:

WITHOUT RAISING THE CURRENT TAX RATE, SHALL THE EXISTING ONE CENT ($0.01) CITY OF GLENWOOD SPRINGS SALES AND USE TAX THAT IS PLACED IN THE CITY’S ACQUISITION AND IMPROVEMENT FUND BE EXTENDED FOR A PERIOD OF THIRTY (30) YEARS FROM ITS CURRENT EXPIRATION DATE OF DECEMBER 31, 2018; AND SHALL ORDINANCE NO. 22, SERIES OF 2016 OF THE CITY RELATING TO DISTRIBUTION OF THE REVENUES FROM SAID TAX BE APPROVED?  

SHALL THE CITY OF GLENWOOD SPRINGS DEBT BE INCREASED UP TO $54 MILLION, WITH A MAXIMUM REPAYMENT COST OF UP TO $104 MILLION, FOR THE PURPOSE OF FINANCING THE ACQUISITION, CONSTRUCTION, REPAIR AND IMPROVEMENT OF ONE OR MORE OF THE FOLLOWING CAPITAL PROJECTS:

IMPROVING SAFETY AND TRAFFIC CONGESTION BY CONSTRUCTING BRIDGE AND ROAD IMPROVEMENTS THAT MAY INCLUDE SOUTH BRIDGE, SOUTH MIDLAND AVENUE, AND THE 27TH STREET/SUNLIGHT BRIDGE;
CONSTRUCTING A RIVERWALK AND OTHER INFRASTRUCTURE AT THE CONFLUENCE OF THE ROARING FORK AND COLORADO RIVERS; AND
CONSTRUCTING A “GATEWAY TO GLENWOOD” BY MAKING  STREET-SCAPING  AND OTHER IMPROVEMENTS TO THE 6TH STREET CORRIDOR.

SUCH DEBT TO CONSIST OF SALES AND USE TAX REVENUE BONDS WHICH ARE PAYABLE FROM THE CITY’S ACQUISITION AND IMPROVEMENT FUND AND ALL OR ANY PORTION THE REMAINING SALES AND USE TAX IMPOSED BY THE CITY, WITH SUCH DEBT TO BE ISSUED, DATED AND SOLD AT SUCH TIME, AND AT SUCH PRICES (AT, ABOVE OR BELOW PAR) AND TO CONTAIN SUCH TERMS, NOT INCONSISTENT HEREWITH, AS THE CITY COUNCIL MAY DETERMINE? 

 

YES!