SHALL CITY OF MONTROSE TAXES BE INCREASED $2,600,000 ANNUALLY, BEGINNING IN 2003 WHICH WILL BE THE FIRST FULL FISCAL YEAR OF THE INCREASE, AND BY WHATEVER ADDITIONAL AMOUNTS ARE RAISED ANNUALLY THEREAFTER, BY ADOPTION OF PEOPLE'S ORDINANCE 2002-01, WHICH IS AN ORDINANCE OF THE CITY OF MONTROSE, COLORADO, AMENDING PROVISIONS OF CHAPTER 15 OF TITLE V OF THE OFFICIAL CODE OF THE CITY OF MONTROSE, COLORADO, TO INCREASE THE RATE OF THE CITY'S SALES AND USE TAX FROM 3% TO 3½ %, TO PLEDGE $12,000,000 OF THE PROCEEDS FROM SUCH INCREASE TO THE MONTROSE COUNTY SCHOOL DISTRICT NO. RE-1J ("SCHOOL DISTRICT") FOR SCHOOL DISTRICT FACILITIES AND TO PROVIDE FOR A REVERSION OF THE SALES AND USE TAX RATE BACK TO 3% AFTER FULFILLMENT OF THE PLEDGE TO THE SCHOOL DISTRICT, AND SHALL THE CITY OF MONTROSE, COLORADO, BE PERMITTED TO COLLECT, RETAIN, AND PAY TO THE SCHOOL DISTRICT THE FULL PROCEEDS OF THE INCREASE IN THE RATE OF THE CITY'S SALES AND USE TAX, INCLUDING INTEREST EARNED THEREON, PROVIDED FOR IN PEOPLE'S ORDINANCE 2002-01, NOTWITHSTANDING ANY STATE RESTRICTION ON FISCAL YEAR SPENDING, INCLUDING WITHOUT LIMITATION THE RESTRICTIONS OF ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION; AND SHALL THE CITY OF MONTROSE BE AUTHORIZED TO ENTER INTO AGREEMENTS WITH THE SCHOOL DISTRICT CREATING FINANCIAL OBLIGATIONS EXTENDING BEYOND THE CURRENT FISCAL YEAR TO PAY OVER THE PLEDGED REVENUES TO THE SCHOOL DISTRICT?