Title 37, Water and Irrigation
0 chapters · 1,105 sections in this title.
Colo. Rev. Stat. § 37-25-101 Bond issue - purposes - election
0.7K chars
For the purpose of constructing a drainage system and necessary works for any drainage district and acquiring the necessary property and rights therefor, of paying the first year's interest upon the bonds authorized in this article, and of otherwise carrying out the provisions of…
Colo. Rev. Stat. § 37-25-102 Notice of election - form of ballot
1.1K chars
A notice of such election shall be given by posting notices in three public places in each election precinct in said district for at least twenty days and by publication of such notice in some newspaper published in the county where the office of the drainage district is required…
Colo. Rev. Stat. § 37-25-103 Bonds - issuance - interest
1.8K chars
(1) If a majority of the votes cast is Bonds - Yes, the board of directors shall immediately cause bonds in such amount to be issued payable in series as follows: At the expiration of eleven years, not less than five percent of the whole amount of said bonds; at the expiration of…
Colo. Rev. Stat. § 37-25-104 Denomination - coupons - record
0.8K chars
The bonds shall be of the denomination of one hundred dollars or five hundred dollars, negotiable in form, executed in the name of the district, and signed by the president and secretary, and the seal of the district shall be affixed thereto. The bonds shall be numbered consecuti…
Colo. Rev. Stat. § 37-25-105 Bonds maturing in less than twenty years
0.4K chars
Any drainage district, by a majority vote of the legal electors of said district, may provide for the issuance of bonds that will mature in any number of years less than twenty and arrange for the payment thereof in series as provided in section 37-25-103. Source: L. 11: p. 326, …
Colo. Rev. Stat. § 37-25-106 Additional bonds - election - priority
0.7K chars
When the money provided by any previous issue of bonds has become exhausted by authorized expenditures and it becomes necessary to raise additional money for such purposes, additional bonds may be issued by submitting the question at a special election to the qualified voters of …
Colo. Rev. Stat. § 37-25-107 Sale of bonds - procedure
0.8K chars
The board of directors may sell bonds from time to time in such quantities as may be necessary and most advantageous to raise the money to carry out the objects and purposes of articles 20 to 30 of this title. Before making any sale, the board, by resolution, shall declare its in…
Colo. Rev. Stat. § 37-25-108 Sale of bonds - rejection of bids
0.5K chars
The notice shall state that sealed proposals will be received by the board of directors at the office of the drainage district for the purchase of the bonds until the day and hour named in the resolution. At the time appointed, the board shall open the proposals and award the pur…
Colo. Rev. Stat. § 37-25-109 Liability for bonds and interest
0.5K chars
The bonds and the interest thereon shall be paid from annual assessments upon the real property within the drainage district, and said property shall be and remain liable to be assessed for such payments. Such bonds and coupons shall be receivable in payment of the assessments le…
Colo. Rev. Stat. § 37-25-110 Confirmation of bonds
0.8K chars
Whether or not said bonds or any of them have been sold or disposed of, the board of directors of a drainage district may commence special proceedings in the district court of the county where the office of the drainage district is kept, in and by which the proceedings of said bo…