Ballot Issue B: Authorize Downtown Development Authority to Collect, Retain and Expand Revenues
Without increasing any local tax rate or imposing any new tax, shall the Aurora Downtown Development Authority (the “Authority”), or The City of Aurora (the “City”) on behalf of any for use by the Authority, and as a voter-approved revenue change, be authorized to collect, retain, and expend the full amount of revenues received by the Authority in 2025 and each year thereafter, including without limitation, tax revenues, fees, rates, tolls, charges, grants, rents, loans, contributions, and any other revenues, without regard to any expenditure, revenue-raising, or other limitation including those contained within Article X, Section 20 or the Colorado Constitution, the limits imposed on increases in property taxation by Section 29-1- 301, C.R.S., Section 29-1-1702, C.R.S., or any other law which purports to limit the Authority’s or City’s revenues as it currently exists or as it may be amended in the future, and without limiting in any year the amount of other revenues that may be collected, retained, and expended by the Authority?
YES __________ NO ___________