SHALL TOWN OF PALISADE TAXES BE INCREASED

SHALL TOWN OF PALISADE TAXES BE INCREASED BY AN ESTIMATED $600,000 ANNUALLY FOR THE FIRST FULL FISCAL YEAR (FIRST FULL FISCAL YEAR INCREASE) AND BY WHATEVER ADDITIONAL AMOUNTS ARE RAISED ANNUALLY THEREAFTER, THROUGH AN INCREASE IN THE TOWN'S SALES TAX RATE FROM 2.0% TO 3.0%, WHICH INCREASE WILL TERMINATE ON DECEMBER 31, 2034, SUCH REVENUES TO BE COLLECTED, RETAINED AND SPENT BY THE TOWN AS A VOTER APPROVED REVENUE CHANGE, NOTWITHSTANDING ANY REVENUE OR EXPENDITURE LIMIT SET FORTH IN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW; AND SHALL ALL REVENUES DERIVED FROM SUCH INCREASED 1.0% SALES TAX BE COLLECTED AND 0.75% OF SAID INCREASE SPENT TO FUND: STREET REPAIRS FOR 4TH, 5TH, 6TH AND 7TH STREETS, IMPROVEMENTS TO PEACH BOWL PARK, SWIMMING POOL IMPROVEMENTS, IMPROVEMENTS TO RIVERBEND PARK, AND 0.25% OF SAID INCREASE SPENT TO FUND EMERGENCY SERVICES, AS A VOTER APPROVED REVENUE CHANGE, AND IN CONNECTION THEREWITH SHALL THE TOWN BE AUTHORIZED TO COLLECT AND RETAIN OR EXPEND THE PROCEEDS OF SUCH TAX AND INVESTMENT EARNINGS THEREON FOR SUCH PURPOSES, NOTWITHSTANDING ANY APPLICABLE LIMITATION ON REVENUES AND EXPENDITURES, INCLUDING THE LIMITATIONS SET FORTH IN ARTICLE X SECTION 20 OF THE COLORADO CONSTITUTION?