We believe that Old Colorado City can be an exemplary inclusive, innovative and collaborative community, one that takes a leadership role in bringing everyone together to champion community-led approaches to ensure a vibrant, safe, economically healthy community. To do that, we need to work together. We need resources. We need a voice. We’re asking for your help to achieve that.

For many years, business owners, commercial property owners, and OCC/Westside neighbors have longed for a special district to lead and make critical investments in the Old Colorado City commercial corridor. We set out on a vigorous process to understand the needs of OCC, to determine the investments in people and place most needed for this special community, and to align those needs and priorities with the best special district tool. Hundreds of stakeholders participated in surveys, interviews, and focus groups, and with the guidance and analysis of our team, we determined that the DDA is the proper tool to support our leadership, marketing and economic development, placemaking, and security and safety needs. This page provides more information on why, and what a DDA for OCC would look like.

In Colorado, DDAs are created and empowered through State statute. Colorado law provides for the creation of a downtown development authority to halt or prevent deterioration of property values or structures in central business districts, or to halt or prevent the growth of blighted areas within these business districts. The DDA also is granted the power to develop or redevelop these areas. A Downtown Development Authority (DDA) currently exists in Downtown Colorado Springs, and has been providing services since 2006, but it's boundaries stop at Interstate 25. Other municipalities that have formed DDAs include (but are not limited to) Crested Butte, Grand Junction, Golden, Denver, Greeley, Fort Collins, and Woodland Park.

The vision for Old Colorado City – as identified through our significant stakeholder engagement – is as follows:

Colorado Springs’ historic Main Street

• Reflect and celebrate the history 

• Establish OCC as a destination for locals and visitors

• Create a mix of services and experiences that provides reasons to return
  

A central destination for local, eclectic businesses

• Create opportunities for entrepreneurialism, creativity

• Nurture and support independent concepts

• Encourage development and redevelopment in ways that support the local culture

Walkable, safe and people-focused

• Infrastructure that supports walkability, easy access to businesses

• Address safety creatively, collaboratively

Community, collaboration, celebration

• Knit together diverse stakeholder groups with a collective vision, give everyone a voice

• Activate the corridor through marketing and programming

What Will a DDA in OCC Fund?

DDAs are enabled by Colorado state statute and can fund a variety of projects, programs and services that are focused on improving the physical, economic and social environments in districts. Once formed, DDAs must create something called a Plan of Development for the DDA which specifically sets out what the district will deliver with its funding. This Plan of Development is approved and codified by City Council to hold the DDA Board accountable to taxpayers.

A DDA Plan of Development typically includes strategies for revitalizing the DDA area, encompassing elements like public improvements, placemaking initiatives, economic development strategies, marketing campaigns, historic preservation, parking solutions, and collaborations with local businesses and property owners to enhance the overall attractiveness and vitality of the area.

OCC DDA Proposed Services:

While the full Plan of Development will be finalized should the DDA election be successful, OCC stakeholders and the initial OCC DDA Board of Directors have identified the following as critical investment areas for the DDA in OCC:

Leadership and Advocacy

The DDA is intended to be the single organization speaking for OCC with a unified voice representing all interest groups and stakeholders. DDA budget is anticipated to be allocated to administration and management of the Old Colorado City DDA. These resources will support:

 A full-time executive director for the DDA who will oversee delivery of all services, manage contracts, support the DDA Board of Directors, ensure stakeholder collaboration and representation and serve as a primary point of contact for all OCC DDA stakeholders. The executive director will also serve as an advocate for OCC, coordinating with the City on matters of planning, zoning, construction management and other critical matters as needed.

Contract staff to assist in the delivery of DDA initiatives as needed, including support for marketing, maintenance and grant writing.

 Legal, accounting and other professional services support as needed.

 Monthly and annual financial and program delivery reporting to ensure transparency in DDA operations and expenditures.

 The establishment of an Old Colorado City DDA identity and communications tools including a website, newsletter and other tools as necessary.

Safety and Security

The DDA will invest resources in ensuring a safer neighborhood for all. While the DDA stakeholders interviewed in this process largely view a safer neighborhood as an outcome of the collective set of investments the DDA will make to activate the community in a variety of ways, the DDA will have a strong focus on ensuring both proactive approaches to safety and urgent responsiveness to safety issues. This includes but is not limited to:

 Proactive and preventative approaches to addressing critical safety issues throughout the district, in partnership with the Colorado Springs Police Department (CSPD). This includes tracking crime data and hot spots in the area and working with CSPD to create solutions to resolve these problem areas; serving as a point of contact for stakeholders in the area needing assistance with urgent and ongoing safety issues adjacent to their properties or businesses; establishing partnerships with existing security in the area (e.g. parking security teams) and private security as needed to address issues. Establish partnerships to ensure people experiencing homelessness and all individuals seeking services are routed to the most appropriate place in a safe and respectful manner,

including providing connections and transportation to available social services and ongoing coordination with Westside Cares and all social service providers.

 Explore the use of security cameras throughout the district.

 Invest in lighting enhancements throughout the DDA, where needed.

 Proactively tackle public relations and media efforts to ensure that the outward facing stories about the area address any negative perceptions of safety issues.

 Collaborate with the Downtown Colorado Springs Partnership and other partners as needed to ensure a safe Old Colorado City.

Placemaking

Through the effort to form the OCC DDA, it has been determined that two existing Special Improvement Maintenance Districts (SIMDs) – one located in central OCC and one located in the Gateway area – will be dissolved upon the DDA’s formation. Both of the SIMDs have been responsible for some level of landscaping, lighting and other maintenance projects in those areas of OCC, while other parts of the district have had no consistent service. The OCC DDA will invest throughout the district boundaries in enhancements that include, but are not limited to:

 Cohesive placemaking strategies, including opportunities to visual brand the district, and better connect and tie together the entire DDA and Colorado Avenue corridor from I-25 to Manitou Springs.

 Installing and maintaining trees and landscaping and irrigation.

 Maintaining existing lighting and adding additional lighting, including ongoing maintenance to electrical systems.

 Trash removal and trash can maintenance.

 Overall improved cleaning and maintenance throughout the district.

 Landscaping as determined by OCC stakeholders (e.g., flower planting).

 OCC branded directional signage and wayfinding.

 Banners and holiday décor installations.

 Art, murals, sculpture and other creative installations.

 Other investments focused on placemaking throughout the OCC DDA.

The OCC DDA may coordinate with the City to undertake a comprehensive infrastructure analysis of the area to identify and address significant deferred maintenance in public realm amenities, and to identify funding resources to address these needs. Additionally, the OCC DDA may in the future partner with the City, the Downtown Colorado Springs Partnership and others in supporting larger infrastructure investments such as the proposed investments to Colorado Avenue to slow traffic speeds and increase pedestrian safety.

Investment and Redevelopment

The OCC DDA will have a focus on supporting investment and redevelopment throughout the entire DDA area in ways that promote a thriving economic, physical and social environment.

DDAs are powerful tools in their ability to utilize Tax Increment Financing (TIF) to support investment and redevelopment in a variety of ways – through infrastructure investments, preservation of historic buildings, supporting investment in existing properties, and catalyzing new investment in underutilized areas of the district. Some of the specific ways the DDA may support investment and redevelopment include:

 Actively participating in development/ redevelopment of buildings through funding and technical support

 Working with the City of Colorado Springs to address complex and sometimes confusing zoning and code requirements and helping property and business owners to navigate development processes

 Help with historic preservation projects, including supporting owners in obtaining State

Historic Fund and National Park Service grants, and state and federal tax credits.

 Helping pair business and property owners and supporting collaborative efforts to invest in OCC.

 Working with the City and Colorado Springs to improve access to utilities and improve underground infrastructure investments

 Develop a façade improvement program and grants to support both commercial and residential property owners improve their aesthetics of their buildings.

 Establish a design guide and/or design overlay that helps ensure new investment is consistent with what exists today.

Economic Development and Marketing

The OCC DDA will work to support a healthy business and retail environment in OCC by working with both existing and future business owners to ensure a strong business mix, and investments to increase the consumer base in the area. OCC benefits from both tourism and local spend but both can be significantly increased by curating the offer and making sure people’s experience visiting OCC is positive and easy. Investments that the OCC DDA will pursue to support these goals include:

 Establishing a clear economic vision for the area that identifies how to support existing business, increase and improve the business mix and bring more consumer spend to the area. This includes identifying and supporting a diversification of the offer that provides reasons for consumers to not only visit the area but spend more time and dollars while they are there.

 Develop and offer targeted economic incentives and programs for OCC retailers and businesses to support new investment and their overall success.

 Creating programs to activate vacant storefronts and supporting those efforts through pop- up shops, galleries, performances, etc.

 Defining a clear economic development partnership with the City of Colorado Springs.

 Develop and invest in a comprehensive, compelling Old Colorado City marketing strategy with differentiated target strategies for local consumers and tourists

Community Building

OCC is a tight-knit community of residents, property owners and business owners who have long worked on protecting and activating their beloved OCC. That said, those efforts haven’t always been delivered in lock-step, and funds haven’t always been leverage and maximized to their fullest potential. The DDA will help unite and build community by advocating for common interests and what’s best for each different stakeholder group in the area, while also bringing together locals, Colorado Springs residents and visitors from all around to experience the best of what OCC has to offer. Support for community building by the DDA will include:

 Strategic activation, programming and events that support the goals of the community, including protecting beloved events like Territory Days, and diversifying programming to bring foot traffic and consumer spend to the area during times that aren’t naturally busy.

 Working with the City of Colorado Springs to streamline event permitting and event fees to make facilitating different types of programming easier to do in OCC. Launching the DDA Formation (Assuming Successful Election Outcome) Should the DDA be formed in the November 5 election, the first action of the DDA Board will be to formalize the work plan outlined above into a Plan of Development for the DDA area, and take it through the City Council approval process.

While all of these things will not be accomplished immediately, the DDA Plan of Development will outline a strategy to ensure that investment of DDA and other funding coming into the area is directed towards meeting these needs over the initial 30-year term of the DDA.

Bringing Other OCC Organizations Under the DDA Umbrella

Additionally, it is the intent that – should the DDA be formed – the Old Colorado City Associates (OCCA, a 501c6) and the Old Colorado City Partnership (OCCP, a 501c3) will come together in one organizational structure. This would allow the consolidated organization to leverage funding from multiple sources, including but not limited to:

 DDA mill levy

 DDA TIF

 Event revenue

 Membership

 Local grants (e.g., LART, etc.)

 State grants and federal grants

 Historic preservation grants

A previous study set the stage for this work. In September 2018, the Old Colorado City Partnership (OCCP) completed an assessment with the support of Downtown Colorado Inc. That report can be viewed here. The report included recommendations to establish a coordinated, sustainable and well-funded management organization to champion improvements to and investments in Old Colorado City.

On the heels of that report, the OCCP sought professional help from consulting groups based in Colorado who were familiar with organizational and special district tools and connected to Denver-based Centro Inc. and Garnerist who provided a proposal for services. The OCCP fundraised from multiple sources to fund their work which officially launched in September 2023 and was focused on developing a long-term organizational and funding strategy, unifying organizations representing Old Colorado City, and outlining clear priorities for the area, aligning public and private sectors behind clear goals and projects. Throughout late 2023 and early 2024, Centro and Garnerist led engagement efforts including dozens of stakeholder meetings with OCC residents, property owners and business owners, and city elected officials and staff. A comprehensive online survey was also distributed, generating over 500 responses. A full and detailed analysis of the outreach can be viewed here.

The Old Colorado City Partnership is leading this effort, supported by Old Colorado City Associates, the OCC SIMD, OWN, and a Steering Committee. The board of directors for the OCCP includes:

Cassidy Sedlacek, Owner, El Dorado Tattoo
Sara Vaas, President, OCC Partnership
Nicole Mattison, Organization of Westside Neighbors
Barb Sweat, Old Colorado City Historic Society
Randy Fair, Owner, Jives
Chris Medina, Owner, Funky Little Theater
Alexander Bustillos, OCCP Treasurer

In the early days of the consultant study, a steering group also provided some initial guidance on the outreach and engagement strategy. That group included:

Adam Stepan, Fifty Niner, Diace Guys & Ice Guys 

Ryan Llyod, Echo Architecture, Sluice 

Nina Lee, 503West

Becca Sickbert, OWN, resident

Holly Flores, resident, COPPeR board member

John Olson, Gold Hill Mesa resident, urban planner

Stephanie Edwards, Gold Hill Mesa Manager

Bobby Mikulas, resident, Owner Kinship Landing Boutique Hotel

Kathy Zehringer, owner, past OWN board member

Tim Haas, owner of several OCC businesses, Manitou BID board

Cassidy Sedlacek, Owner El Dorado Tattoo, OCCP Vice President

Adam Leech, Owner LeechPit Record Shop

Tim Hines, Owner Monses Pupuseria

Shane Ryan, resident Gold Hill Mesa

If formed, the DDA will be governed by an 11 member board of directors. These initial 5 members were appointed as part of the DDA ordinance passed at City Council:

• Adam Stepan

• Becky Cooper Powell

• Jay Gust

• Ryan Lloyd

• Michelle Talarico

If the DDA election passes, it will be the responsibility of these initial 5 members to recommend the additional 6 members for appointment to the board, The DDA ordinance - which can be viewed here - sets out some of the other operating parameters of the DDA.

The general boundaries of the proposed OCC DDA include:

• WEST: Colorado Springs/Manitou Springs Boundary

• NORTH: Alley between W Pikes Peak Avenue and Colorado Ave.

• EAST: I-25

• SOUTH: Alley between W Cucharras Street and Colorado Ave.

• Nodes at I-25 and 21st

This boundary also incorporates the existing OCC and Gateway SIMD districts, and will supplant them if the DDA is successfully formed.

This map allows you to search by parcel to see if your property will be included in the proposed OCC DDA.

CLICK HERE to read how funding will be generated.

If you would like to obtain your specific annual assessment rate, please contact Jamie Giellis at jamie@becentro.com or 303.345.8285.

The board is comprised of  11 members who are, by statute, qualified electors of the district:

• One (1) member shall be a member of the City Council; in this case Councilwoman Michelle Talarico

• Ten (10) members who are residents, landowners, or business lessees within the boundaries of the DDA
  

Additionally the following parameters are set out in the ordinance:

• At least one but not more than three Board members who are either residents within the Authority boundaries, or owners or representatives of owners of residential property in the Authority boundaries;

• At least one but not more than three Board members who are owners or representatives of businesses operating in the Authority boundaries, with the goal of having one representative from each of the following areas within the Authority: Gateway (I-25/Colorado to 21st), Old Colorado City (21st to 31st), and W. Colorado Ave (31st to city limits);

• At least one but not more than three Board members who are owners or representatives of owners of commercial property in the Authority boundaries, with the goal of having one representative from each of the following areas within the Authority: Gateway (I-25/Colorado to 21st), Old Colorado City (21st to 31st), and W. Colorado Ave (31st to city limits); and

• One “at large” Board member who may or may not qualify for any of the foregoing groups of characteristics. 

The initial board members are:

Jay Gust, Tapateria, Pizzeria Rustica

Ryan Lloyd, Echo Architecture, Sluice

Adam Stepan, Fifty Niner, Dice Guys & Ice Guys

Becky Cooper Powell, Property Owner, Business Owner and Resident

The DDA formation process includes three primary steps:

• City Council ordinance outlining the proposed boundaries and governance structure which enables the stakeholders to take the DDA to an election. This ordinance was approved by Colorado Springs City Council on August 27, 2024.

• A special mail ballot election of DDA “electors” (see below for definition of electors). This mail ballot is currently underway. Ballots were mailed October 14, 2024 and are due by 7 PM on Tuesday, November 5, 2024. If you believe you should have received a ballot, and did not, please contact Jamie Giellis at jamie@becentro.com or 303-345-8285.

• The creation a DDA Plan of Development which is established after the DDA is formed, and must be approved by Planning Commission and City Council
  

The following people are considered electors and get a vote in the formation of the DDA:

• Commercial property owners within the proposed DDA boundary

• Businesses that hold a lease in a property within the proposed DDA boundary

• Residential property owners who own residences within the proposed DDA boundary

• Residents who live within the DDA boundaries and are registered to vote there

If you are registered to vote within the proposed DDA boundary, you will automatically get a ballot in the DDA election.  You can check your voter registration HERE.

If you own a property or a business that is located within the boundaries of the proposed DDA, you must fill out a Designation of Elector form to designate an individual to vote on behalf of your ownership entity. The designated elector must be at least 18 and registered to vote in the state of Colorado. You can obtain the Designation of Elector Form HERE.

Information about how to fill the form out can be found HERE.

The ballot for the Old Colorado City DDA includes four (4) separate questions that must be voted on, including questions to authorize the formation of the DDA, to fund it, to provide for the ability for the DDA to take on debt in the future if needed, and to allow the district to retain all its revenues for as long as the district exists (also known as “De-Brucing).” The ballot language for each is as follows:

Ballot Question A: Question to Form/Organize the DDA

This question asks voters to approve the formation of a DDA. This question does not authorize the district to be funded (that happens in the next question), but simply establishes the DDA organization as a legal entity. The ballot text is as follows:

Shall the Old Colorado City Downtown Development Authority (the “Authority”) be organized pursuant to Part 8 of Article 25 of Title 31 Colorado Revised Statutes to exercise all powers authorized therein and perform any approved plan of development within the boundaries of the area described as follows:

The proposed Authority is located within a central business district of the City of Colorado Springs, County of El Paso, Colorado, in a downtown district. The Authority’s boundaries within the central business district include only the properties located in the City of Colorado Springs, Colorado, identified by the El Paso County Assessor Schedule/Parcel Numbers, property addresses, and partial legal descriptions as shown on the Attachment to this Ballot and as such boundaries are described in Ordinance No. 24-87, adopted by the City Council of the City of Colorado Springs on August 27, 2024.

Ballot Question B: Question to Assess the 5 Mill Levy

This question asks voters to approve a mill levy of up to 5 mills on the assessed value of commercial and residential property (or $5 per $1,000 of assessed value) to fund the operations of the DDA. It should be noted that the lifetime cap on the DDA assessment is 5 mills – it can never go above that, but at a future date the DDA board may approve a decrease in the mill levy should funding outpace need. Also important to note here is that should the DDA be created, the existing Special Improvement Maintenance Districts (SIMDs) in both Old Colorado City and the Gateway area will be dissolved and all assets will be transferred to the DDA. The DDA will supplant the SIMDs and the SIMDs will no longer assess. The mention of $325,000 as a first year increase of “taxes” refers to what we believe 5 mills on the current assessed value of property in the proposed DDA will amount to. The ballot text is as follows:

SHALL THE CITY OF COLORADO SPRINGS (THE “CITY”) TAXES BE INCREASED $325,000 IN THE FIRST FISCAL YEAR (2024) AND ANNUALLY THEREAFTER BY LEVYING AN AD VALOREM TAX AT A RATE OF NOT MORE THAN FIVE MILLS WITHIN THE BOUNDARIES OF THE PROPOSED OLD COLORADO CITY DOWNTOWN DEVELOPMENT AUTHORITY (THE “AUTHORITY”), FOR THE PURPOSES SET FORTH IN PART 8 OF ARTICLE 25 OF TITLE 31 COLORADO REVISED STATUTES; AND SHALL THE CITY AND THE AUTHORITY BE AUTHORIZED TO COLLECT, RETAIN, AND EXPEND THE REVENUES COLLECTED FROM SUCH TOTAL PROPERTY TAX RATE, AND INVESTMENT INCOME THEREON, AS A VOTER-APPROVED REVENUE CHANGE?

If approved, the City of Colorado Springs shall be authorized to impose an ad valorem mill levy not to exceed five (5) mills on all real and personal property within the boundaries of the Authority and for the Authority, to be used for the purpose of paying the Authority’s operations, maintenance, and other expenses, as allowed by Part 8 of Article 25 of Title 31 Colorado Revised Statutes.

Ballot Question C: Question to Allow the District to Issue Debt

The mill levy noted above is only one way the DDA will generate revenue. Over time, the DDA will also generate revenue by capturing a portion of existing property and sales tax in the DDA area via Tax Increment Financing (TIF). TIF is not a new tax, rather it provides the DDA the authority and right to capture a portion of the existing sales and property tax revenues being generated in an area to be reinvested in the area rather than going to the general fund of other taxing bodies. This will be a substantial amount over time, and in the future the DDA may which to bond against these funds, or take debt out against them, to do significant improvements in the area. In order for the DDA to take on any debt at all, the voters must authorize it. The ability of the DDA to take on debt will, of course, be constrained by the ability to pay it back over time, and the willingness of debtors to issue the debt. The question asked does not mean the DDA will now, or ever, take on the debt outlined, but a specific number is required to be stated in the question as an “up to” amount. The ballot text is as follows:

SHALL OLD COLORADO CITY DOWNTOWN DEVELOPMENT AUTHORITY (THE “AUTHORITY) DEBT BE INCREASED $5,000,000 WITH A REPAYMENT COST OF $15,000,000 (MAXIMUM) FOR APPROVED PLANS OF DEVELOPMENT AND CONSTITUTING A VOTER-APPROVED REVENUE CHANGE?

If approved, such debt may be issued for the Authority by the City of Colorado Springs for the purpose of constructing capital improvements with a public purpose, including through, but not limited to, paying the costs of creating and implementing any plan of development, including operating, maintaining, or otherwise providing systems, operations, and administration for the purpose of carrying out the objects and purposes for which the Authority was organized, together with all necessary, incidental, and appurtenant, facilities, equipment, personnel, contractors, consultants, and costs, and all land, easements, and appurtenances necessary or appropriate in connection therewith, such debt to bear interest at a net effective interest rate not to exceed nine percent (9%) per annum, such interest to be payable at such time or times and which may compound periodically as may be determined by the City Council, such debt to be sold in one series or more at a price above, below, or equal to the principal amount of such debt and on such terms and conditions as the City Council may determine, including provisions for redemption of the debt prior to maturity with or without payment of premium, and which debt may be refinanced at a net effective interest rate not to exceed the maximum net effective interest rate without additional voter approval; such debt shall be paid from any legally available moneys of the Authority, including the revenues pledged or from taxes pledged pursuant to Section 31-25-807(3)(b), C.R.S., or both such revenues and taxes with such limitations as may be determined by the board of the Authority and the City Council, and shall the proceeds of any such debt and the proceeds of such taxes, any other revenue used to pay such debt, and investment income thereon be collected and be spent as a voter approved revenue change, without regard to any spending, revenue-raising, or other limitation contained within Article X, Section 20 of the Colorado Constitution and Section 7-90 of the Charter of the City of Colorado Springs and without limiting in any year the amount of other revenues that may be collected and spent by the Authority and the City of Colorado Springs.

Ballot Question D: Question to Allow the DDA to Keep All Revenues, or “De-Brucing”

In the state of Colorado, the Taxpayers Bill of Rights (or TABOR) governs any initiative which raises taxes, and mandates voter approval for any new taxes or increases to existing tax rates. It also limits the amount of revenue any taxing authority – including the DDA – can retain and spend, with that limit generally based on the previous fiscal year’s limit, plus inflation. In the case of the DDA, this would mean that your annual budget would not benefit from new development or investment in the area and from increased property or sales tax generated beyond the first year budget plus inflation. This would limit future financial investment opportunities in the corridor and the ability for the DDA to take on debt to fund long-term significant improvements. “De-Brucing” allows the DDA to address this by asking the voters for the permission to keep all the revenues it generates in the district for the lifetime of the DDA. The ballot text is as follows:

SHALL THE OLD COLORADO CITY DOWNTOWN DEVELOPMENT AUTHORITY (THE “AUTHORITY”), OR THE CITY OF COLORADO SPRINGS (THE “CITY”) ON BEHALF OF AND FOR USE BY THE AUTHORITY FOR PURPOSES OTHER THAN ENTERPRISES, AND AS A VOTER APPROVED REVENUE CHANGE, BE AUTHORIZED TO COLLECT, RETAIN, AND SPEND THE FULL AMOUNT OF REVENUES RECEIVED BY THE AUTHORITY, OR BY THE CITY ON BEHALF OF AND FOR USE BY THE AUTHORITY, IN 2024 AND EACH YEAR THEREAFTER, INCLUDING, WITHOUT LIMITATION, TAX REVENUES, FEES, RATES, TOLLS, CHARGES, GRANTS, RENTS, LOANS, CONTRIBUTIONS, AND ANY OTHER REVENUES IMPOSED, COLLECTED, OR AUTHORIZED BY LAW, AND SHALL SUCH REVENUE BE COLLECTED AND SPENT WITHOUT REGARD TO ANY EXPENDITURE, REVENUE-RAISING, OR OTHER LIMITATION INCLUDING THOSE CONTAINED WITHIN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR SECTION 7-90 OF THE CHARTER OF THE CITY OF COLORADO SPRINGS, AND WITHOUT LIMITING IN ANY YEAR THE AMOUNT OF OTHER REVENUES THAT MAY BE COLLECTED, RETAINED, AND SPENT BY THE AUTHORITY AND THE CITY ON BEHALF OF THE AUTHORITY, AND SHALL ALL REVENUES GENERATED BY ANY AD VALOREM TAX LEVY UP TO FIVE MILLS COLLECTED, RETAINED, OR SPENT IN 2024 AND COLLECTED, RETAINED, OR SPENT IN ALL SUBSEQUENT YEARS THEREAFTER BE VOTER APPROVED AS AN INCREASED LEVY EXEMPT FROM THE TAX INCREASE LIMITATIONS CONTAINED IN SECTIONS 29-1-301 AND 29-1-302 COLORADO REVISED STATUTES AND ANY OTHER APPLICABLE LAW?