Denver, Colorado, Referred Question 2A, Denver Facilities System Bond Measure (November 2021)

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Denver Referred Question 2A
LocalBallotMeasures Final.png
Election date
November 2, 2021
Topic
County bonds
Status
Approveda Approved
Type
Referral
Origin
Lawmakers

Denver Referred Question 2A was on the ballot as a referral in Denver on November 2, 2021. It was approved.

A "yes" vote supported authorizing Denver to issue $104.04 million in bonds for repairs, improvements, and additions to the Denver Facilities System, such as at the Denver Botanic Gardens, Denver Museum of Nature and Science, and the Denver Zoo.

A "no" vote opposed authorizing Denver to issue $104.04 million in bonds for repairs, improvements, and additions to the Denver Facilities System, such as at the Denver Botanic Gardens, Denver Museum of Nature and Science, and the Denver Zoo.


A simple majority was required for the approval of Referred Question 2A.

Election results

Denver Referred Question 2A

Result Votes Percentage

Approved Yes

108,302 66.39%
No 54,831 33.61%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Referred Question 2A was as follows:

SHALL THE CITY AND COUNTY OF DENVER DEBT BE INCREASED $104,040,000, WITH A MAXIMUM REPAYMENT COST OF $179,175,000, WITH NO EXPECTED INCREASE IN THE CITY’S CURRENT RATE OF TAXATION FOR GENERAL OBLIGATION DEBT SERVICE BASED ON THE CITY’S PROJECTED ASSESSED VALUE, THE PROCEEDS THEREOF TO BE USED FOR REPAIRS AND IMPROVEMENTS TO THE DENVER FACILITIES SYSTEM, WHICH MAY INCLUDE BUT ARE NOT LIMITED TO:

• CRITICAL INFRASTRUCTURE IMPROVEMENTS, AND OTHER FACILITY REPAIRS AT DENVER BOTANIC GARDENS, BONFILS THEATER COMPLEX, DENVER MUSEUM OF NATURE AND SCIENCE, AND DENVER ZOO; AND

• PRESERVATION AND RESTORATION OF THE MAY BONFILS STANTON THEATER AT THE HISTORIC LORETTO HEIGHTS CAMPUS FOR USE AS A PERFORMING AND CULTURAL ARTS VENUE; AND

• RENOVATION OF AN EXISTING CITY-OWNED FACILITY INTO A YOUTH EMPOWERMENT CENTER; AND

• CONSTRUCTION OF TWO NEW LIBRARIES AND UPGRADING EXISTING LIBRARIES TO INCLUDE CHILDREN’S LEARNING AREAS, COMMUNITY SPACES, AND TECHNOLOGY LABS AND

• ACCESSIBILITY IMPROVEMENTS TO DENVER FACILITIES FOR PEOPLE WITH DISABILITIES; BY THE ISSUANCE AND PAYMENT OF GENERAL OBLIGATION BONDS, NOTES, LOAN AGREEMENTS OR OTHER MULTIPLE FISCAL YEAR FINANCIAL OBLIGATIONS, WHICH SHALL BE ISSUED OR INCURRED IN SUCH MANNER AND CONTAINING SUCH TERMS NOT INCONSISTENT HEREWITH AS THE CITY MAY DETERMINE (THE EXPENDITURE OF THE PROCEEDS THEREOF TO BE PUBLICLY REPORTED BY THE CITY ON AN ANNUAL BASIS);

AND SHALL CITY AD VALOREM PROPERTY TAXES BE INCREASED WITHOUT LIMITATION AS TO RATE BUT BY NOT MORE THAN A MAXIMUM

AMOUNT OF $19,250,000 ANNUALLY IN AMOUNTS SUFFICIENT TO PAY THE PRINCIPAL OF, PREMIUM, IF ANY, AND INTEREST ON SUCH FINANCIAL OBLIGATIONS OR TO CREATE A RESERVE FOR SAME; AND SHALL THE CITY BE AUTHORIZED TO ISSUE FINANCIAL OBLIGATIONS TO REFUND OR REFINANCE SUCH FINANCIAL OBLIGATIONS AUTHORIZED IN THIS QUESTION, PROVIDED THAT SUCH REFUNDING FINANCIAL OBLIGATIONS WHEN COMBINED WITH OTHER OUTSTANDING FINANCIAL OBLIGATIONS AUTHORIZED IN THIS QUESTION DO NOT EXCEED THE MAXIMUM PRINCIPAL LIMITS OR REPAYMENT COSTS AUTHORIZED BY THIS QUESTION?

Full Text

The full text of this measure is available here.


Support

If you know of endorsements or arguments that should be posted here, email editor@ballotpedia.org.

Rise Denver 2021 led the support campaign for Referred Question 2A.[1]

Supporters

  • Rise Denver 2021[1]
  • Denver Mayor Michael B. Hancock[2]
  • Denver Chief Financial Officer Brendan Hanlon[2]
  • Associated General Contractors[1]
  • Colorado Hotel and Lodging Association[1]
  • Denver Art Museum[1]
  • Denver Botanic Gardens[1]
  • Denver Center for the Performing Arts[1]
  • Denver Metro Association of Realtors[1]
  • Denver Metro Chamber of Commerce[1]
  • Denver Museum of Nature and Science[1]
  • Denver Zoo[1]
  • Downtown Denver Partnership[1]
  • National Western Center Authority[1]
  • Senior Support Services[1]
  • Visit Denver[1]
  • Colorado State Senator James Coleman (Colorado)[1]
  • Former Denver Mayor Wellington Webb[1]
  • Former Colorado Speaker of the House Terrance Carroll[1]
  • Former Colorado State Representative Mike Cerbo[1]
  • Denver Post Editorial Board[3]

Arguments

Rise Denver 2021 argued, "2A invests in Denver facilities including cultural institutions, local libraries, and more because they belong to all Denver residents. Funding improvements to these institutions keep them accessible for generations."[1]

Opposition

If you know of opponents or arguments that should be posted here, email editor@ballotpedia.org.

Opponents

Arguments

Denver City Council Member Candi CdeBaca argued that the five measure bond package (of which 2A was a part of) was a, "hodgepodge of favors and window dressing that will fail to address anything comprehensively in a visionary way."[4]

Path to the ballot

See also: Laws governing local ballot measures in Colorado

This measure was put on the ballot through a vote of the Denver city council. The five bond measures on the 2021 ballot in Denver were proposed to the city council by Denver mayor Michael B. Hancock.[5]

See also

External links

Footnotes