[Board] draft election question

Tue Jul 22 17:09:12 EDT 2014

See comment below in red.

[Energy Fuels Resources]Energy Fuels Resources (USA) Inc.

________________________________
Harold Roberts

Executive Vice President | Chief Operating Officer

t: 303-389-4160  | f: 303-389-4125

225 Union Blvd., Suite 600

Lakewood, CO, US, 80228

http://www.energyfuels.com

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From: Board [mailto:board-bounces at chnorthmetro.us] On Behalf Of Marcus McAskin
Sent: Tuesday, July 22, 2014 12:17 PM
To: District Board of Directors+District Manager
Subject: [Board] draft election question

All:

Thanks to Harold and Dan for pitching in and helping out with distributing the meeting notice fliers.

As of this morning, I’ve completed the rest of the neighborhood.

Here’s a DRAFT election question (quite a bit shorter than last year).  Draft is currently under review by Rick Kron, an attorney at Spencer Fane (same firm as Jim Hunsaker).  I will forward comments, if any, that Rick has on the draft question.

SHALL CHERRY HILLS NORTH METROPOLITAN DISTRICT TAXES BE INCREASED TO $62,100 ANNUALLY (REPRESENTING AN INCREASE OF $19,800 OVER THE AMOUNT COLLECTED BY THE DISTRICT IN 2014), OR BY SUCH LESSER ANNUAL AMOUNT AS MAY BE NECESSARY TO PAY THE DISTRICT'S OPERATIONS, MAINTENANCE, AND OTHER EXPENSES; SUCH TAXES TO CONSIST OF AN AD VALOREM MILL LEVY OF 6.281 MILLS (REPRESENTING AN INCREASE OF 2.000 MILLS OVER THE DISTRICT’S EXISTING MILL LEVY OF 4.281 MILLS) OR SUCH MILL LEVY SUFFICIENT TO PRODUCE THE ANNUAL INCREASE SET FORTH ABOVE OR SUCH LESSER AMOUNT AS MAY BE NECESSARY, TO BE USED FOR THE PURPOSE OF PAYING THE DISTRICT’S OPERATIONS, MAINTENANCE AND OTHR EXPENSES; AND  SHALL THE PROCEEDS OF SUCH TAXES AND INVESTMENT INCOME THEREON CONSTITUTE VOTER-APPROVED REVENUE CHANGE IN 2015 AND EACH YEAR THEREAFTER WITHOUT REGARD TO ANY SPENDING, REVENUE-RAISING, OR OTHER LIMITATION CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, OR SECTION 29-1-301, COLORADO REVISED STATUTES?

Marcus A. McAskin
Widner Michow & Cox LLP
13133 E. Arapahoe Rd, Suite 100
Centennial, CO 80112
Direct: 303-754-3393
Fax: 303-754-3395
Email: mmcaskin at wmcattorneys.com<mailto:mmcaskin at wmcattorneys.com>
http://www.wmcattorneys.com<http://www.wmcattorneys.com/>

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