Shall La Plata Archuleta Water District debt be increased $25,000,000, with a repayment cost of $45,378,000, without increasing existing taxes or imposing any new tax, by the issuance of bonds or other financial obligations to acquire, plan and construct a rural domestic water system, including:

• Potable water treatment plants, pumps, pipelines, water storage tanks and valves;
• Water loading stations;
• Buildings, water meters and meter readers;
• Excavation equipment and pipe installation equipment;
• Water quality monitoring equipment;
• Computers, software and communication equipment;

And shall the revenue from the district's existing capital improvement, operations and maintenance mill levy of 5.0 Mills be used as necessary, along with any other revenue of the district, to pay the principal of, premium, if any, and interest on such debt or any refunding debt (or to create a reserve for such payment), such debt to be evidenced by the issuance of bonds or other financial obligations bearing interest at a maximum net effective interest rate not to exceed 6.5%; such bonds or obligations to be sold in one series or more, for a price above or below the principal amount of such series, on terms and conditions, and with such maturities as permitted by law and as the district may determine, including provisions for redemption prior to maturity with or without payment of a premium of not more than three percent; and shall the district be authorized to issue debt to refund the debt authorized in this question, provided that such refunding debt, along with any other debt incurred by the district pursuant to this authorization, is issued on terms which do not exceed the principal, interest and repayment costs authorized in this question; and shall the earnings from the investment of such bond proceeds and tax revenues be collected, retained and spent as a voter-approved revenue change under Article X, Section 20 of the Colorado Constitution?