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<br />,..;::) <br /> <br />!. <br /> <br />TOWN OF SILT, COLORADO <br />1994 BALLOT QUESTIONS CERTIFICATION <br /> <br />SHALL THE TOWN OF SILT BE GRANTED AUTHORITY TO ACCEPT GRANTS FROM <br />THE ENERGY IMPACT ASSISTANCE FUND OF THE STATE OF COLORADO IN THE <br />PRINCIPAL AMOUNT NOT TO EXCEED $175,000.00; AND FROM THE WATER <br />CONSERVATION DEPARTMENT OF THE STATE OF COLORADO IN THE AMOUNT NOT <br />TO EXCEED $100,OOO.00'FOR THE CONSTRUCTION OF AN UNDERGROUND, LOW- <br />PRESSURE IRRIGATION SYSTEM. <br /> <br />SHALL THE TOWN OF SILT DEBT BE INCREASED BY UP TO $400,000.00 WITH <br />A REPAYMENT COST OF UP. TO $1,057,000.00, BY THE ISSUANCE OF GENERAL <br />OBLIGATION BONDS FOR THE INSTALLATION AND CONSTRUCTION OF <br />SUPPORTING FACILITIES FOR AN UNDERGROUND, LOW-PRESSURE IRRIGATION <br />SYSTEM, SAID BONDS TO BE PAID FROM ALL FUNDS AVAILABLE TO THE TOWN, <br />BUT NOT FROM PROPERTY TAX INCREASE; TO MATURE NO LATER THAN THIRTY <br />(3.0) YEARS FROM THE DATE OF ISSUE, TO BEAR INTEREST AT RATES NOT TO <br />EXCEED EIGHT PERCENT (8%) PER ANNUM, AND TO HAVE SUCH OTHER TERMS, <br />CONDITIONS, COVENANTS AND DETAILS AS THE TOWN COUNCIL MAY <br />DETERMINE, INCLUDING THE OPTION TO REDEMPTION OF THE BONDS PRIOR TO <br />MATURITY WITH OR WITHOUT THE PAYMENT OF. A PREMIUM; AND, IN <br />CONNECTION THEREWITH SHALL THE TOWN BE AUTHORIZED TO RECEIVE AND <br />SPEND THE PROCEEDS OF SAID BONDS NOTWITHSTANDING ANY REVENUE OR <br />EXPENDITURE LIMITATIONS UNDER ARTICLE X, SECTION 20 OF THE COLORADO <br />CONSTITUTION OR ANY OTHER LAW? <br /> <br />STATE OF COLORADO , <br />) <br />COUNTY OF GARFIELD ) SS. <br />) <br />TOWN OF SILT ) <br /> <br />CERTIFICATE <br /> <br />I, Charlene Springsteel, Town Clerk and designated <br />Election Official for the Town of Silt, Colorado, do hereby certify <br />that the above ballot questions, approved by the Town of Silt Board <br />of Trustees, is a true and correct copy of the questions to be <br />placed on the November 8, 1994 ballot for voting by all qualified <br />electors in the Town of Silt. <br /> <br />ct IN WITNESS WHEREOF I hereunto set my hand and seal this <br />/2 day- of J",,,tc;.,....k_ A.D. 1994. <br />, <br /> <br />-- ' <br /> <br /> <br />" <br /> <br />.: . : ~ <br /> <br />;jJ <br /> <br />Silt Town Clerk <br /> <br />- . <br />:... ::'"-. <br /> <br />',.. . ~ <br />