SHALL CITY OF FORT COLLINS TAXES BE INCREASED BY AN ESTIMATED $6,200,000 FOR THE FIRST FULL FISCAL YEAR (2006) AND BY SUCH AMOUNTS AS MAY BE GENERATED ANNUALLY THEREAFTER BY EXTENDING THROUGH DECEMBER 31, 2015 THE EXISTING SALES AND USE TAX FOR THE STREET MAINTENANCE PROGRAM AT THE RATE OF 0.25% (25 CENTS ON A $100 PURCHASE), WHICH TAX IS PRESENTLY SCHEDULED TO EXPIRE DECEMBER 31, 2005; PROVIDED THAT THE REVENUES DERIVED FROM SUCH TAX EXTENSION SHALL BE USED TO PAY THE COSTS OF PLANNING, DESIGN, RIGHT-OF-WAY ACQUISITION, INCIDENTAL UPGRADES AND OTHER COSTS ASSOCIATED WITH:

• THE REPAIR AND RENOVATION OF CITY STREETS, INCLUDING BUT NOT LIMITED TO CURBS, GUTTERS, BRIDGES, SIDEWALKS, PARKWAYS, SHOULDERS AND MEDIANS;

AND FURTHER PROVIDED THAT THE FULL AMOUNT OF REVENUES DERIVED FROM THE TAX EXTENSION MAY BE RETAINED AND EXPENDED BY THE CITY NOTWITHSTANDING ANY STATE REVENUE OR EXPENDITURE LIMITATION, INCLUDING THE LIMITATION CONTAINED IN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION?

_____ YES
_____ NO