SHALL DELTA COUNTY JOIN SCHOOL DISTRICT NO. 50 DEBT BE INCREASED UP TO $27.7 MILLION WITH A REPAYMENT COST OF UP TO $52.4 MILLION AND WITHOUT IMPOSING A NEW TAX BY EXTENDING THE ANNUAL BOND REDEMPTION TAXES APPROVED BY DISTRICT VOTERS IN 2002 TO PAY SUCH NEW DEBT, TO BE INCURRED FOR THE PURPOSE OF ACQUIRING, CONSTRUCTING, REPAIRING AND IMPROVING SCHOOL CAPITAL ASSETS INCLUDING, AMONG OTHER THINGS:

* IMPROVING THE SAFETY AND SECURITY OF DELTA, NORTH FORK AND CEDAREDGE HIGH SCHOOLS, AS WELL AS PAONIA K-8, BY PROVIDING SECURE ENTRANCES AND OTHER IMPROVEMENTS; AND
* RENOVATING PHYSICAL EDUCATION SPACES IN THE DISTRICT'S THREE HIGH SCHOOLS TO ADDRESS SAFETY AND HEALTH CONCERNS;

THROUGH ISSUANCE OF GENERAL OBLIGATION BONDS WHICH SHALL BEAR INTEREST, MATURE, BE SUBJECT TO REDEMPTION, WITH OR WITHOUT PREMIUM, AND BE ISSUED AT SUCH TIME, AT SUCH PRICE (AT, ABOVE OR BELOW PAR) AND IN SUCH MANNER AND CONTAINING SUCH TERMS, NOT INCONSISTENT WITH THIS BALLOT ISSUE, AS THE BOARD OF EDUCATION MAY DETERMINE; AND SHALL AD VALOREM PROPERTY TAXES BE LEVIED WITHOUT LIMIT AS TO THE MILL RATE BUT BY NOT MORE THAN $2.1 MILLION ANNUALLY, TO GENERATE AMOUNTS SUFFICIENT IN EACH YEAR TO PAY THE PRINCIPAL OF AND INTEREST ON THE BONDS AND TO FUND ANY RESERVES FOR THE REPAYMENT THEREOF?