KEN-CARYL RANCH METRO DISTRICT

BALLOT ISSUE 5A -- MILL LEVY INCREASE

SHALL KEN-CARYL RANCH METROPOLITAN DISTRICT TAXES BE INCREASED $466,159 (FIRST FULL FISCAL YEAR DOLLAR INCREASE) ANNUALLY, COMMENCING WITH LEVY YEAR 2007 FOR COLLECTION IN CALENDAR YEAR 2008, AND BY SUCH ADDITIONAL AMOUNTS RAISED ANNUALLY THEREAFTER, BY INCREASING ITS EXISTING PROPERTY TAX BY 2.5 MILLS TO BE USED BY THE DISTRICT FOR OPERATIONS, MAINTENANCE AND CAPITAL IMPROVEMENTS, THE REVENUE FROM THIS TAX AND ANY EARNINGS ON THIS TAX CONSTITUTING A PERMANENT VOTER-APPROVED REVENUE CHANGE WITHIN THE MEANING OF ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, AND AN EXCEPTION TO THE LIMITATIONS SET FORTH IN SECTION 29-1-301 OF THE COLORADO REVISED STATUTES, AND ANY OTHER LAW?

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