(1) Each law enforcement authority formed pursuant to this part 4 has the following powers, except as otherwise limited by the resolution creating the same:
(a) To have perpetual existence;
(b) To sue and be sued and be a party to suits, actions, and proceedings;
(c) To enter into contracts and agreements with the sheriff of the county in which the authority is located to provide law enforcement services for the authority, except as otherwise provided in this part 4;
(d) To employ such administrative, clerical, and professional employees as may be necessary to carry out the purposes of the authority;
(e) To levy a tax not to exceed five mills for the 1982 property tax year or seven mills for the 1983 property tax year and each property tax year thereafter on the taxable property within the area of the authority, for the payment of the operating expenses of the authority. In any case in which an authority proposes to impose a mill levy which is the maximum mill levy allowable under this paragraph (e) or which is in excess of the certified mill levy computed pursuant to section 30-11-406.5, such authority shall follow the procedure set forth in section 30-11-406.5.
Source: L. 69: p. 241, � 6. C.R.S. 1963: � 36-27-6. L. 81: (1)(e) amended, p. 1399, � 13, effective June 19.
30-11-406.5. Procedure for levying property tax - public disclosure - county assessor's duties. (1) No later than August 25 of each year, each county assessor shall certify to each authority within the assessor's county the total valuation for assessment of all taxable property located within the territorial limits of the authority and the mill levy that when applied to such valuation for assessment, exclusive of the increased valuation for assessment attributable to annexation or inclusion of additional land, the improvements thereon, and personal property connected therewith within the authority for the preceding year, or attributable to new construction and personal property connected therewith within the authority for the preceding year, or attributable to increased volume of production for the preceding year by a producing mine if said mine is wholly or partially within the authority and if such increase in volume of production causes an increase in the level of services provided by the authority, or attributable to previously legally exempt federal property that becomes taxable if such property causes an increase in the level of services provided by the authority, will raise the same property tax revenue as was raised the previous year.
(2) Any authority which proposes to impose a mill levy in excess of the mill levy for the previous year shall submit such proposal at an election in accordance with section 20 of article X of the state constitution and title 1, C.R.S.
(3) to (6) (Deleted by amendment, L. 94, p. 1188, � 84, effective July 1, 1994.)
Source: L. 81: Entire section added, p. 1399, � 14, effective June 19. L. 82: (1) amended, p. 458, � 3, effective March 17. L. 83: (1) amended, p. 2073, � 3, effective October 13. L. 87: (1) amended, p. 1188, � 3, effective March 12. L. 94: Entire section amended, p. 1188, � 84, effective July 1. L. 96: (1) amended, p. 17, � 2, effective February 22.