Title 32, Special Districts

(1) (a) Except as otherwise specifically provided in this article 22, the board, acting by a majority vote of a quorum of its voting directors shall exercise and perform all powers, privileges, and duties vested in or imposed upon the district pursuant to this article 22. The boa…

(1) In addition to any other powers granted to the district by this article 22, the district has the following powers: (a) To have perpetual existence; (b) To sue and be sued; (c) (I) To enter into contracts and agreements with any person, including the United States department o…

With the approval of each county or municipality having jurisdiction over the area of such a district, the district may establish a station area improvement district to finance the construction, operation, or maintenance of a station for a passenger rail system. A station area im…

(1) The district may issue bonds for any of its corporate purposes. The district shall issue bonds pursuant to a resolution of the board, and bonds shall be payable solely out of all or a specified portion of the revenue of the district as designated by the board. (2) As provided…

(1) No action by the district to establish or increase any tax, no action by a subdistrict to establish or increase any tax, and no action of the governing body of any station area improvement district to establish or increase any tax or any special assessment on real property au…

(1) The district is the successor to the contractual rights and obligations of the southwest chief and front range passenger rail commission as the commission existed before its authorizing statutes were repealed and the commission was terminated by Senate Bill 21-238, enacted in…

The state hereby pledges and agrees with the holders of any bonds issued under this article 22 and with any parties who enter into contracts with the district pursuant to this article 22 that the state will not impair the rights vested in the district or the rights or obligations…

The district may invest or deposit any money of the district in the manner provided by part 6 of article 75 of title 24. In addition, the district may direct a corporate trustee that holds district money to invest or deposit the money in investments or deposits other than those s…

All banks, trust companies, savings and loan associations, insurance companies, executors, administrators, guardians, trustees, and other fiduciaries may legally invest any money within their control in any bonds issued pursuant to this article 22. Public entities, as defined in …

The income or other revenue of the district, all properties at any time owned by the district, any bonds issued by the district, and the transfer of and the income from any bonds issued by the district are exempt from all taxation and assessments in the state. In the resolution o…

An action or proceeding at law or in equity to review any acts or proceedings or to question the validity or enjoin the performance of any act or proceedings or the issuance of any bonds or for any other relief against or from any acts or proceedings done under this article 22, w…

In its discretion, the board may file a petition at any time in the district court in and for any county in which the district is located wholly or in part seeking a judicial examination and determination of any power conferred to the district, any revenue-raising power exercised…

(1) No later than January 31, 2024, and no later than each January 31 thereafter, the district shall publish and present at a joint meeting of the transportation and local government committee of the House of Representatives and the transportation and energy committee of the Sena…