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EXHIBIT B <br /> NOTICE OF SPECIAL ELECTION <br /> NOTICE OF SPECIAL ELECTION <br /> CITY OF ELK RIVER <br /> SHERBURNE COUNTY,MINNESOTA <br /> NOTICE IS HEREBY GIVEN that a special election will be held in and for the City of Elk River, <br /> Sherburne County, Minnesota, on Tuesday, the 8th day of November, 2016, at which the following proposition <br /> will be submitted to the voters of the City for their approval or rejection: <br /> CITY QUESTION NO. 1: <br /> GENERAL OBLIGATION BONDS FOR COMMUNITY CENTER AND PARK <br /> IMPROVEMENTS <br /> Shall the City of Elk River be authorized to issue its general obligation bonds, including any bonds <br /> issued to refund such bonds, in an amount not to exceed $30,000,000 to provide funds for the <br /> acquisition, construction and betterment of a multipurpose community center and park <br /> improvement projects? <br /> BY VOTING "YES" ON THIS BALLOT QUESTION, YOU ARE VOTING FOR A <br /> PROPERTY TAX INCREASE. <br /> CITY QUESTION NO.2: <br /> GENERAL OBLIGATION BONDS FOR DOME FACILITY AND SYNTHETIC TURF <br /> If Question No. 1 is approved, shall the City of Elk River also be authorized to issue its general <br /> obligation bonds, including any bonds issued to refund such bonds, in an additional amount not to <br /> exceed $4,000,000 to provide funds for the acquisition, construction and betterment of a dome <br /> facility and synthetic turf project? <br /> BY VOTING "YES" ON THIS BALLOT QUESTION, YOU ARE VOTING FOR A <br /> PROPERTY TAX INCREASE. <br /> The precincts and polling places for this special election are those precincts which have been established <br /> by the City for state general elections. The polling places for said election are as follows: <br /> The polling places for said election will be open at 7:00 a.m. and will remain open until closing at 8:00 p.m. Any <br /> qualified registered voter of the City is entitled to vote at said election, and any resident of the City not previously <br /> registered as a voter may register on election day. <br /> 484529v1 JSB KG400-1 B-1 <br />