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LINCOLN HAYMARKET ARENA BOND ISSUE
STATE OF NEBRASKA CITY OF LINCOLN OFFICIAL BALLOT STATEWIDE PRIMARY ELECTION -TUESDAY, MAY 11,2010
ARENA BONDS
"SHALL THE CITY OF LINCOLN, NEBRASKA ISSUE ITS ARENA BONDS IN A PRINCIPAL AMOUNT NOT TO EXCEED $25,000,000 FOR THE PURPOSE OF PAYING A PORTION OF THE COSTS INCIDENT TO ACQUIRING, CONSTRUCTING, EQUIPPING AND FURNISHING THE LINCOLN HAYMARKET ARENA AND RELATED FACILITIES AND IMPROVEMENTS, SUCH BONDS TO BE DATED AT THE TIME OF THEIR ISSUANCE, TO BECOME DUE AND PAYABLE ON SUCH DATES, TO BEAR INTEREST AT SUCH RATES AND TO HAVE SUCH OTHER TERMS AS MAY BE FIXED BY THE CITY AT THE TIME OF THEIR ISSUANCE, AND TO BE PAYABLE FROM THE INCOME, PROCEEDS AND REVENUE OF THE LINCOLN HAYMARKET ARENA AND RELATED FACILITIES AND IMPROVEMENTS, FROM STATE APPROPRIATIONS UNDER THE CONVENTION CENTER FACILITY FINANCING ASSISTANCE ACT AND/OR OTHER STATE SOURCES AND FROM OTHER AVAILABLE REVENUE, INCOME AND RECEIPTS OF THE CITY, INCLUDING CERTAIN CITY SALES, USE,OCCUPATION AND/OR PROPERTY TAX REVENUE, FEES OR RECEIPTS, SUFFICIENT TO PAY THE PRINCIPAL OF AND THE INTEREST ON SAID BONDS AS THEY BECOME DUE AND PAYABLE, PROVIDED, HOWEVER, THAT APPROVAL OF THIS BOND ISSUE WILL NOT CAUSE ANY INCREASE IN THE PROPERTY TAX LEVY MILLAGE LIMIT OF THE CITY?"
