0 chapters · 923 sections in this title.
Colo. Rev. Stat. § 31-25-617 Reserve fund
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When any indebtedness has been incurred by a district, it is lawful for the board to levy taxes and collect revenue for the purpose of creating a reserve fund in such amount as the board may determine which may be used to meet the obligations of the district for operating charges…
Colo. Rev. Stat. § 31-25-618 Inclusion or exclusion - petition - notice - hearing - order
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(1) The boundaries of any district organized under the provisions of this part 6 may be changed in the manner prescribed in this section, but the change of boundaries of the district shall not impair or affect its organization or its rights in or to property or any of its rights …
Colo. Rev. Stat. § 31-25-619 Liability of property
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All property included within or excluded from a district shall thereafter be subject to the levy of taxes for the payment of its proportionate share of any indebtedness of the district outstanding at the time of inclusion or exclusion. Source: L. 75: Entire title R&RE, p. 1208, �…
Colo. Rev. Stat. § 31-25-620 Board can issue bonds - form
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(1) To carry out the purposes of this part 6, the board is hereby authorized pursuant to a duly adopted ordinance to issue bonds of the district. Such bonds shall bear interest at a rate such that the net effective interest rate of the issue of bonds does not exceed the maximum n…
Colo. Rev. Stat. § 31-25-621 Submission of debt question - ordinance. (Repealed)
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Source: L. 75: Entire title R&RE, p. 1209, � 1, effective July 1. L. 81: (1) amended, p. 1616, � 18, effective July 1. L. 99: Entire section repealed, p. 526, � 28, effective April 30. Editor's note: This section was similar to former � 31-25-621 as it existed prior to 1975.
Colo. Rev. Stat. § 31-25-622 Notice of election. (Repealed)
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Source: L. 75: Entire title R&RE, p. 1209, � 1, effective July 1. L. 99: Entire section repealed, p. 526, � 28, effective April 30. Editor's note: This section was similar to former � 31-25-622 as it existed prior to 1975.
Colo. Rev. Stat. § 31-25-623 Conduct of election - canvass. (Repealed)
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Source: L. 75: Entire title R&RE, p. 1209, � 1, effective July 1. L. 81: Entire section amended, p. 1616, � 19, effective July 1. L. 99: Entire section repealed, p. 526, � 28, effective April 30. Editor's note: This section was similar to former � 31-25-623 as it existed prior to…
Colo. Rev. Stat. § 31-25-624 Effect - subsequent elections. (Repealed)
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Source: L. 75: Entire title R&RE, p. 1210, � 1, effective July 1. L. 81: Entire section amended, p. 1616, � 20, effective July 1. L. 84: Entire section amended, p. 841, � 9, effective March 29. L. 99: Entire section repealed, p. 526, � 28, effective April 30. Editor's note: This …
Colo. Rev. Stat. § 31-25-625 Procedure
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Any district organized pursuant to this part 6 may be dissolved after notice is given and a hearing held in the manner prescribed by sections 31-25-606 and 31-25-607. After hearing any protests against or objections to dissolution, if the board determines that it is for the best …
Colo. Rev. Stat. § 31-25-626 Correction of faulty notices
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In any case where a notice is provided for in this part 6, if the governing body finds for any reason that due notice was not given, the governing body shall not thereby lose jurisdiction and the proceeding in question shall not thereby be void or be abated, but the governing bod…
Colo. Rev. Stat. § 31-25-627 Early hearings
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All actions in which there arises a question of the validity of the organization of a district or a question of the validity of any proceeding under this part 6 shall be advanced as a matter of immediate public interest and concern and shall be heard at the earliest practicable m…
Colo. Rev. Stat. § 31-25-628 Construction
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This part 6, being necessary to secure and preserve the public health, safety, convenience, and welfare, shall be liberally construed to effect its purposes. Source: L. 75: Entire title R&RE, p. 1210, � 1, effective July 1. Editor's note: This section is similar to former � 31-25…
Colo. Rev. Stat. § 31-25-629 Municipal jurisdiction unimpaired
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Nothing in this part 6 shall affect or impair the control and jurisdiction which a municipality has over all property within its boundaries. All powers granted by this part 6 shall be subject to such control and jurisdiction. Source: L. 75: Entire title R&RE, p. 1210, � 1, effect…
Colo. Rev. Stat. § 31-25-630 Method not exclusive
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No part of this part 6 shall repeal or affect any other law or any part thereof, it being intended that this part 6 shall provide a separate method of accomplishing its objects and not an exclusive one. Source: L. 75: Entire title R&RE, p. 1211, � 1, effective July 1. Editor's no…
Colo. Rev. Stat. § 31-25-631 Confirmation of board actions and powers
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(1) In its discretion, the board may file a petition at any time in the district court in any county in which the district or a portion thereof is located for a judicial examination and determination of any power conferred, any securities issued by the district or authorized to b…
Colo. Rev. Stat. § 31-25-632 Exemption from taxation - securities laws
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The income or other revenues of the district, any property owned by the district, any bonds issued by the district, and the transfer of and any income from any bonds issued by the district shall be exempt from all taxation and assessments by the state. In the resolution authorizi…
Colo. Rev. Stat. § 31-25-633 Limitation of actions
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Any legal or equitable action brought with respect to any acts or proceedings of the district, the creation of a district, the authorization of any bonds, or any other action taken under this part 6 shall be commenced within thirty days after the performance of such action or els…
Colo. Rev. Stat. § 31-25-701 Definitions
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As used in this part 7, unless the context otherwise requires: (1) Burial space means a lot or portion thereof in any cemetery designed and intended for the interment of a human body but not used for such purpose. (2) Cemetery means any cemetery owned, managed, or controlled by a…
Colo. Rev. Stat. § 31-25-702 Power to establish cemeteries
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The governing body of any municipality has power to establish and regulate cemeteries within or without the municipality, to acquire lands therefor, by purchase or otherwise, and to cause cemeteries to be removed and prohibit their establishment within one mile of the municipalit…
Colo. Rev. Stat. § 31-25-703 Foreclosure proceedings
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(1) When, pursuant to section 31-25-702, a municipality has established a cemetery, and the ordinance establishing the same requires the owners of burial spaces to pay annual assessments for or provide for the care and maintenance of such spaces, and the owner of any burial space…
Colo. Rev. Stat. § 31-25-704 Hearing and decree
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On the day set for hearing of the petition or on any subsequent day to which the hearing of the cause is continued, the proofs and allegations of the parties shall be presented to the court. If the court determines that the owner has failed and neglected for a period of five year…
Colo. Rev. Stat. § 31-25-705 Fees and costs
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The docket fees, court costs, and other fees and costs charged and collected for the proceeding provided for by this part 7 shall be the same as the fees and costs that are provided for by law in actions concerning title to real property. Any municipality has the right to pay all…
Colo. Rev. Stat. § 31-25-706 Used burial space proviso
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Nothing in this part 7 shall authorize the forfeiture, termination, or foreclosure of rights or interests in and to any burial space that has been used for interment nor shall any such space be subject to resale under the provisions of this part 7. Source: L. 75: Entire title R&R…
Colo. Rev. Stat. § 31-25-707 Joint proceedings
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Any number of separate burial spaces or lots and any number of separate owners may be joined in one proceeding under this part 7. Source: L. 75: Entire title R&RE, p. 1212, � 1, effective July 1. Editor's note: This section is similar to former � 31-12-606 as it existed prior to …
Colo. Rev. Stat. § 31-25-708 Abandoned burial sites - right to reclaim
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(1) If there is a burial space in a cemetery in which no remains have been interred, no burial memorial has been placed, and no other improvement has been made for a continuous period of no less than seventy-five years, the governing body of the municipality may initiate the proc…
Colo. Rev. Stat. § 31-25-801 Legislative declaration
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(1) The general assembly declares that the organization of downtown development authorities having the purposes and powers provided in this part 8 will serve a public use; will promote the health, safety, prosperity, security, and general welfare of the inhabitants thereof and of…
Colo. Rev. Stat. § 31-25-802 Definitions
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As used in this part 8, unless the context otherwise requires: (1) Authority means a downtown development authority created pursuant to the provisions of this part 8 in any municipality of this state and any successor to its functions, authority, rights, and obligations. (1.5) Bl…
Colo. Rev. Stat. § 31-25-803 Powers of governing body
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The governing body of every municipality in this state may create and establish a downtown development authority, pursuant to the provisions of this part 8, which authority shall have all the powers provided in this part 8 that are authorized by the ordinance, or any amendment th…
Colo. Rev. Stat. § 31-25-804 Organizational procedure - election
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(1) When the governing body of a municipality determines it is necessary to establish a downtown development authority for the public health, safety, prosperity, security, and welfare and to carry out the purposes of an authority as stated in section 31-25-801, it shall by ordina…
Colo. Rev. Stat. § 31-25-805 Board - membership - term of office
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(1) The affairs of the authority shall be under the direct supervision and control of a board consisting of not less than five nor more than eleven members appointed by the governing body; except that for any twenty-year extension period pursuant to section 31-25-807 (3)(a)(V), t…
Colo. Rev. Stat. § 31-25-807 Powers - duties
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(1) The board, subject to the provisions of this part 8 and subject to other applicable provisions of law, shall have all powers customarily vested in the board of directors of a corporation. It shall exercise supervisory control over the activities of the director and the staff …
Colo. Rev. Stat. § 31-25-808 Additional and supplemental powers
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(1) In addition and supplemental to the other powers granted by this part 8, the authority shall have all powers, except as limited in the ordinance or any amendments thereto, establishing such authority, necessary or convenient to carry out and effectuate the purposes and provis…
Colo. Rev. Stat. § 31-25-809 Authorization of bonds
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(1) By ordinance adopted by the governing body at a regular or special meeting, by a vote of a majority of the members of the governing body, the municipality may issue bonds, payable solely from revenues or from taxes pledged pursuant to section 31-25-807 (3)(b) or from both suc…
Colo. Rev. Stat. § 31-25-810 Bond provisions
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(1) Bonds issued pursuant to this part 8 shall bear interest at a rate such that the net effective interest rate of the issue of bonds does not exceed the maximum net effective interest rate authorized, payable semiannually or annually, and evidenced by one or two sets of coupons…
Colo. Rev. Stat. § 31-25-811 Refunding bonds
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(1) By ordinance adopted by the governing body at a regular or special meeting, by vote of a majority of the members of the governing body, any bonds issued under this part 8 may be refunded by the municipality without an election, subject to the provisions concerning their payme…
Colo. Rev. Stat. § 31-25-812 Tax exemption
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The bonds and the income therefrom shall be exempt from taxation, except inheritance, estate, and transfer taxes. Source: L. 76: Entire part added, p. 708, � 1, effective April 26.
Colo. Rev. Stat. § 31-25-813 No municipal liability on bonds
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Bonds issued pursuant to this part 8 shall not constitute an indebtedness of the municipality within the meaning of any constitutional or statutory limitations. Each bond issued pursuant to this part 8 shall recite in substance that said bond, including interest thereon, is payab…
Colo. Rev. Stat. § 31-25-813.5 Limitation of actions
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After the expiration of thirty days from the effective date of any ordinance or resolution authorizing the issuance of bonds pursuant to this part 8, all actions or suits attacking its findings, determinations, or contents or challenging the validity of the bonds shall be perpetu…
Colo. Rev. Stat. § 31-25-814 Remedies of bondholders
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(1) Subject to any contractual limitations binding upon the holders of any issue of bonds or trustee therefor, including but not limited to the restriction of the exercise of any remedy to a specified proportion or percentage of such holders, any holder of bonds or trustee theref…
Colo. Rev. Stat. § 31-25-815 Employees - duties - compensation
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(1) The board shall employ and fix the compensation, subject to the approval of the governing body, of the following, who shall serve at the pleasure of the board: (a) A director, who shall be a person of good moral character and possessed of a reputation for integrity, responsib…
Colo. Rev. Stat. § 31-25-816 Funding - budget
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(1) The authority shall adopt a budget for each fiscal year, shall maintain accounts, and shall cause an annual audit to be made pertaining to the fiscal affairs of the authority. Administrative review of the proposed budget shall be in accordance with the policies of each munici…
Colo. Rev. Stat. § 31-25-817 Ad valorem tax
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The governing body may impose and levy an ad valorem tax on all real and personal property in the downtown development district not exceeding five mills on the valuation for assessment of such property for the purposes set forth in section 31-25-807, nondebt funded expenditures a…
Colo. Rev. Stat. § 31-25-818 Assessments
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The governing body shall have the power to assess against the funds of the authority for the use and benefit of the general fund of the municipality a reasonable pro rata share of such funds for the cost of handling and auditing, which assessment when made shall be paid annually …
Colo. Rev. Stat. § 31-25-819 Conflict of interest
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No board member nor any employee of the board shall vote or otherwise participate in any matter in which he has a specific financial interest, defined as a matter in which the member or employee would receive a benefit or incur a cost substantially greater than other property own…
Colo. Rev. Stat. § 31-25-820 Construction
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All powers conferred upon municipalities by this part 8 are and shall be cumulative and in addition to those conferred by any other general or special law or municipal charter or ordinance and shall be liberally construed to effectuate the purposes of this part 8. This part 8 is …
Colo. Rev. Stat. § 31-25-821 Property subject to debt
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Subject to section 31-25-807, all real and personal property located within the district shall continue to be subject to ad valorem taxes levied by the municipality to pay the principal and interest on all existing general obligation debts of the municipality and any future debts…
Colo. Rev. Stat. § 31-25-822 Inclusion of additional property
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Subsequent to the organization of an authority, additional property may be included in the district. Proceedings for inclusion shall be initiated by petition to the board of the authority signed by the owner or owners in fee of each parcel of land adjacent to the existing distric…
Colo. Rev. Stat. § 31-25-901 Legislative declaration
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(1) The general assembly hereby declares that decreasing supplies of energy resources and the increasing cost thereof is causing severe financial burdens and constitutes a threat to the health and welfare of the citizens of this state and that it is in the public interest that th…
Colo. Rev. Stat. § 31-25-901.5 Definitions
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As used in this part 9, unless the context otherwise requires: (1) Authority means a municipal energy finance authority formed pursuant to this part 9. (2) Board means the board of an authority. (3) Governing body means the governing board of any municipality. (4) Unconventional …
Colo. Rev. Stat. § 31-25-903 Formation of authority by municipality
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The governing body of a municipality may create and establish an authority by the passage of an ordinance therefor. The authority shall have all the powers provided in this part 9 that are authorized by the ordinance, or any amendment thereto, authorizing such authority. When est…