Proposition 1 - Proposed Addition of a one percent (1%) specific purpose excise tax (SPET)

Shall Teton County, State of Wyoming, be authorized to adopt an additional one percent (1%) specific purpose excise tax (the "Tax") within Teton County for the purpose of raising and collecting the amounts set forth below, the proceeds from which, and the interest earned thereon, to be used and applied for a specific project, and to the extent necessary and allowed by law, the pledge to or payment of debt service and/or lease payments thereon: Teton County Justice Center $88,000,000 for the purpose of planning, designing, engineering, demolition of the old Jail, demolition of the current courthouse, and construction of the new Teton County Justice Center including but not limited to the Teton County Detention Facility, District Courtroom and accompanying office space, Circuit Courtroom and accompanying office space, Clerk of District Court office space, County and Prosecuting Attorney's Office space, Teton County Sheriff's Office, and other space. Any unexpended funds, including any unused contingency funds, shall be placed into a designated account, the principal and interest of which shall be used for operations and maintenance of the Teton County Justice Center. This project is sponsored by Teton County.