Eldorado Springs Public Improvement District of Boulder County 6AWastewater treatment plant debt
In plain words
- Authorizes up to $1,000,000 in debt (maximum repayment $1,440,000) for wastewater treatment plant improvements.
- Interest capped at 4% net effective.
- Repaid from special assessments on benefited properties and other pledged funds; no tax rate listed.
- TABOR voter-approved revenue change; county Resolution 2026-003.
Cost: Assessed per benefiting property; per-property amount not found.
Our summary of the official materials and local reporting.
What your vote means
The district may borrow up to $1 million, repaid by assessments on benefiting properties.
No debt authorization for the plant improvements.
Our plain-words summary.
Why people want it, and why others object
Why supporters want it
No public statement found.
Why opponents object
No public statement found.
Who backs each side
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In each side's own words where we could find them, quoted or summarized with a link to the source. We don't endorse either side.
Official ballot wording
Official ballot wording, word for word (tap to open)
Word for word from the Boulder County sample ballot (PDF ).
DEBT AUTHORIZATION
SHALL ELDORADO SPRINGS PUBLIC IMPROVEMENT DISTRICT OF BOULDER COUNTY DEBT (FOR ELDORADO SPRINGS LOCAL IMPROVEMENT DISTRICT NO. 3) BE INCREASED BY UP TO $1,000,000, WITH A MAXIMUM REPAYMENT COST OF UP TO $1,440,000 (SUCH AMOUNTS TO BE REDUCED TO THE EXTENT PROJECTED COSTS OR LOAN RATES HAVE BEEN OVER-ESTIMATED, OR TO THE EXTENT ADDITIONAL SOURCES OF FUNDING, IF ANY, ARE SECURED) FOR THE PURPOSE OF FINANCING THE COSTS OF IMPROVEMENTS TO THE ELDORADO SPRINGS WASTEWATER TREATMENT PLANT AND ANY COSTS NECESSARY OR INCIDENTAL THERETO, INCLUDING WITHOUT LIMITATION THE COST OF ESTABLISHING RESERVES TO SECURE THE PAYMENT OF SUCH DEBT; SHALL SUCH DEBT BEAR INTEREST AT A MAXIMUM NET EFFECTIVE INTEREST RATE NOT TO EXCEED 4% AND BE PAYABLE FROM SPECIAL ASSESSMENTS IMPOSED AGAINST BENEFITED PROPERTIES WITHIN THE LOCAL IMPROVEMENT DISTRICT AND FROM OTHER FUNDS THAT MAY BE LAWFULLY PLEDGED TO THE PAYMENT OF SUCH DEBT; AND SHALL THE REVENUES FROM SUCH SPECIAL ASSESSMENTS AND ANY EARNINGS THEREON AND FROM THE INVESTMENT OF THE PROCEEDS OF SUCH DEBT CONSTITUTE A VOTER-APPROVED REVENUE CHANGE; ALL IN ACCORDANCE WITH RESOLUTION NO. 2026-003 OF THE BOARD OF DIRECTORS OF THE PUBLIC IMPROVEMENT DISTRICT?
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