Lewis-Palmer Consolidated School District No. 38 Ballot Issue 4A -

Shall Lewis-Palmer Consolidated School District No. 38 debt be increased not more than $28.985 million, with a repayment cost of not more than $45.25 million, and shall District taxes be increased not more than $6.510 million annually, solely for the purpose of: constructing and equipping a new elementary school in Jackson Creek; such debt to be evidenced by the issuance and payment of general obligation bonds, which shall bear interest, mature, be subject to redemption, with or without prior redemption premium of not to exceed 3%, and be issued, dated and sold at such time or times, at such prices (at, above or below par) and in such manner and containing such terms, not inconsistent herewith, as the District may determine; and shall ad valorem property taxes be levied in any year, without limitation as to rate, to pay the principal of, premium, if any, and interest on such bonds and any bonds issued to refinance such bonds and to fund any reserves for the payment thereof, provided that such levy shall not produce revenue which exceeds the amounts set forth above?