TC Resolution 25-23 Supporting ERWSD Ballot Issue 6A Funding Regional Wastewater Facility Upgrades Through a General Obligation BondA
Avon
COI O H A D O
RESOLUTION 25-23
SUPPORTING EAGLE RIVER WATER & SANITATION DISTRICT BALLOT ISSUE 6A —
FUNDING REGIONAL WASTEWATER FACILITY UPGRADES THROUGH A
GENERAL OBLIGATION BOND
WHEREAS, the Town of Avon is a home rule municipality; and
WHEREAS, Eagle River Water & Sanitation District (the "District") provides public wastewater
services for its service area from Vail to Cordillera, including properties located within the Town of
Avon's boundaries; and
WHEREAS, the District is required pursuant to state regulations to upgrade the Regional
Wastewater Treatment Facility by 2029; and
WHEREAS, these upgrades are essential to maintain regulatory compliance, protect water quality in
the Eagle River, and address aging infrastructure; and
WHEREAS, this public project is estimated to cost $93 million, which will require the District to
secure debt through one of two types of bonds:
1. A general obligation ("GO") bond, which would be repaid through property taxes
and requires voter approval; or
2. A revenue bond if a GO bond is not approved, which would be repaid through
wastewater rate increases; and
WHEREAS, the District's analysis shows that a GO bond would result in lower costs for most
taxpayers compared to rate increases if the project were funded through a revenue bond; and
WHEREAS, the District's board has referred a ballot measure to the November 4, 2025, coordinated
election ballot asking voters whether the project should be funded through a GO bond; and
WHEREAS, the Colorado Fair Campaign Practices Act expressly authorizes local governments to
adopt and distribute in normal fashion a Resolution regarding any ballot issue of import to that local
government.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN OF AVON that the Council
acknowledges the importance of the state -mandated project at the Regional Wastewater Facility and
recognizes that a General Obligation bond would generally provide a more affordable financing
mechanism. The Town of Avon encourages eligible voters to carefully consider ballot measure 6A
on the November 4, 2025, coordinated election.
ADOPTED Septembo 23,202
By:
ra N. Underwood, Mayor
the AVON TOWN COUNCIL
Attest:
Resolution 25-23 Supporting ERWSD Ballot Measure 6A
September 23, 2025
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Miguel Jauregui