Citizen sues Colorado Springs for ‘end run’ around TABOR in $40 million bond ordinance
By Norishka Pachot | Fox21
(COLORADO SPRINGS) — A lawsuit has been filed in El Paso County District Court against the City of Colorado Springs and Mayor Yemi Mobolade over alleged TABOR and constitutional violations.
The lawsuit by Preserve Pine Creek Village, LLC, alleges that the City violated multiple provisions of the Colorado Constitution, including the Taxpayer’s Bill of Rights (TABOR), which requires voter approval before creating multi-year government debt. The lawsuit challenges the constitutionality of a $40 million Private Activity Bond (PAB) issuance approved by the City Council on May 27. Tim Lewan, who lives in the Pine Creek Village area, says he donated to the legal fund because he’s been against the development of these apartments from the start.
“We have been try...