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(a) in accordance with Section 30-20-506, C.R.S., the petitioners filed a cash <br />deposit in the amount of $5,000, which the Board finds sufficient to pay all expenses connected <br />with the proceedings in case the organization of the Proposed District is not effected; <br />(b) notice of the hearing on the Proposed District was properly published and <br />mailed in accordance with Title 30, Article 20, Part 5, C.R.S. <br />(c) a review of the tax rolls and the last official registration list of the County, <br />together with other available evidence, shows that the total number of electors of the Proposed <br />District is ; <br />(d) not less than two hundred of the signatures on the Petition are genuine; <br />(e) the Petition is duly signed by not less than thirty percent or two hundred <br />(whichever is less) of the electors of the Proposed District, and is duly presented, all in <br />accordance with Title 30, Article 20, Part 5, C.R.S.; <br />(f) the Proposed District boundaries, which are coterminous with the <br />boundaries of the County, includes all of the municipalities within the County, subject to the <br />consent of such municipalities as required by Section 30-20-504(1), C.R.S.; <br />(g) the Proposed District will not provide the same improvements or service <br />as those provided by an existing, non-consenting special district within the territory of such <br />existing special district; <br />(h) the Proposed District's improvements to be acquired, constructed, <br />installed, operated, or maintained are improvements that the County is authorized to provide <br />under the laws of the State of Colorado, and do not duplicate or interfere with any municipal <br />improvement already constructed or planned to be constructed within the limits of the Proposed <br />District; <br />(i) the total valuation for assessment of the real and personal property within <br />the Proposed District is $300,317,150, and the cost of the improvements to be provided by the <br />Proposed District is $15,375,000; accordingly, the costs of the improvements to the Proposed <br />District will not be excessive as compared with the value of the property in the Proposed District; <br />and <br />(j) the improvements to be provided by the Proposed District will confer a <br />general benefit on the Proposed District. <br />As provided by Section 30-20-508(3), C.R.S., the findings and determinations of <br />the Board upon the genuineness of the signatures and all matters of fact incident to such <br />determination are final and conclusive on all parties in interest, whether appearing or not. <br />Section 2. Approval of Petition. The Petition is hereby approved. It is <br />determined that the organization of the Proposed District will serve a public use and will <br />promote the health, prosperity, security, and general welfare of the inhabitants of the County and <br />the Proposed District, and that the question of the organization of the Proposed District and other <br />-14- <br />12368\1\1204400.5 Attachment 2 - 4 <br />