The City of Cherry Hills Village held its regular municipal election as a coordinated election with Arapahoe County on Tuesday November 6, 2018. Newly elected officials took office at the January 15, 2019 Council meeting.
There were no city-wide ballot measures on the 2018 ballot for Cherry Hills Village.
There were two ballot measures on the 2018 ballot for residents of a proposed General Improvement District in Cherry Hills Village. Only residents of the proposed district voted on these measures. Both measures were approved by the voters.
Ballot Question 2B
Shall Cherry Hills Village Charlou Park 3rd Filing General Improvement District, as more particularly described in City Ordinance No. 6, Series of 2018, be organized in the City of Cherry Hills Village, Colorado?
Ballot Issue 2C
SHALL CHERRY HILLS VILLAGE CHARLOU PARK 3RD FILING GENERAL IMPROVEMENT DISTRICT DEBT BE INCREASED NOT TO EXCEED $550,000, WITH A REPAYMENT COST NOT TO EXCEED $1,250,000 (PRINCIPAL AND INTEREST), AND SHALL THE DISTRICT’S TAXES BE INCREASED NOT TO EXCEED $60,000 ANNUALLY, TO PROVIDE FOR IMPROVEMENTS INCLUDING THE UNDERGROUNDING OF OVERHEAD UTILITIES IN THE DISTRICT AND THE REMOVAL OF UTILITY POLES, BY THE ISSUANCE OF GENERAL OBLIGATION BONDS OR OTHER OBLIGATIONS BEARING INTEREST AT A NET EFFECTIVE INTEREST RATE NOT TO EXCEED 6.00%, TO BE PAID FROM PROPERTY TAXES, WITHOUT REDUCTION, AT A RATE AND IN AN AMOUNT SUFFICIENT TO PAY SUCH OBLIGATIONS OR ANY REFUNDINGS THEREOF, AND IN CONNECTION THEREWITH SHALL THE DISTRICT’S PROPERTY TAXES ALSO BE INCREASED NOT TO EXCEED $1,000 ANNUALLY TO PROVIDE FOR THE COST OF ADMINISTRATION OF THE DISTRICT AND THE OPERATION, MAINTENANCE AND REPAIR OF SUCH IMPROVEMENTS, ALL OF SUCH TAXES AND OTHER FUNDS, AND INVESTMENT EARNINGS THEREON, TO BE COLLECTED AND SPENT AS A VOTER-APPROVED REVENUE CHANGE AND AN EXCEPTION TO ANY LIMITS THAT WOULD OTHERWISE APPLY?