After advising the defendant of his or her rights, the court shall commit the defendant to the Colorado mental health institute at Pueblo, the University of Colorado psychiatric hospital, or the county jail. The defendant will then undergo psychiatric evaluations. If committed to the Colorado mental health institute at Pueblo or the University of Colorado psychiatric hospital, the defendant shall be examined by two psychiatrists of the receiving institution. If committed to the county jail, the defendant shall be examined by two psychiatrists appointed by the court. The examining psychiatrists will provide independent written reports to the court with the opinion of the psychiatrist as to whether the defendant if released, would be considered a threat of bodily harm to members of the public. The reports shall also contain opinions concerning: Whether the defendant is mentally deficient; Whether the defendant could benefit from psychiatric treatment; and Whether the defendant could be adequately supervised on sex offender probation. After reviewing the reports of the psychiatrists and the probation officer, the court may terminate the proceedings and proceed with sentencing.