2010 Colorado elections: The Pueblo Board of Water Works is taking a hard look at the possible impacts of Amendments 60 and 61 along with Proposition 101

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From The Pueblo Chieftain (Chris Woodka):

Amendment 60 would require the water board to pay property taxes. Based on fixed assets, excluding water rights, the board estimated it would have to pay $2 million, meaning a rate increase of 18-20 percent starting in 2011, said Alan Hamel, executive director…

Amendment 61 would limit the board’s ability to borrow funds to 10 years with a vote of the people. The board is currently using financing to buy water rights on the Bessemer Ditch, and has borrowed in the past — and still has debt — in order to make improvements to the city’s water system.

One of the components of Proposition 101 would reduce vehicle fees and could restrict the state’s ability to repair roads and bridges.

More 2010 Colorado elections coverage here.

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