0 chapters · 1,375 sections in this title.
Colo. Rev. Stat. § 25-29-101 Legislative declaration
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(1) The general assembly hereby finds and declares that: (a) The city and county of Denver department of health and hospitals: (I) Provides access to quality preventive, acute, and chronic health care for all the citizens of Denver regardless of ability to pay; (II) Provides high…
Colo. Rev. Stat. § 25-29-102 Definitions
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As used in this article, unless the context otherwise requires: (1) Authority means the political subdivision and body corporate known as the Denver health and hospital authority created by this article. (2) Board or Board of directors means the board of directors of the authorit…
Colo. Rev. Stat. § 25-29-103 Denver health and hospital authority
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(1) There is hereby created the Denver health and hospital authority, which shall be a body corporate and a political subdivision of the state, which shall not be an agency of the state or local government, and which shall not be subject to administrative direction or control by …
Colo. Rev. Stat. § 25-29-104 Mission of authority - action of board of directors
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(1) The mission of the authority is to: (a) Provide access to quality preventive, acute, and chronic health care for all the citizens of Denver regardless of ability to pay; (b) Provide high quality emergency medical services to Denver and the Rocky Mountain region; (c) Fulfill p…
Colo. Rev. Stat. § 25-29-105 Transfer of health system assets and liabilities to authority
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(1) The authority is authorized to enter into agreements with the city for the purpose of leasing, conveying, or otherwise acquiring Denver's health system assets. Any such lease, conveyance, transfer, or other agreement to acquire such assets shall be on such terms as may be agr…
Colo. Rev. Stat. § 25-29-106 Relationship between authority and city and county of Denver
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(1) On and after the transfer date, except for the power of the city and the mayor to appoint and remove members of the authority's board of directors, the city shall have no further control over the operation of the health system. (2) The authority may enter into any agreement w…
Colo. Rev. Stat. § 25-29-107 Personnel
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(1) Any employee of the Denver health system who is an employee of the city on the transfer date may elect to remain a city employee or may elect to become an employee of the authority. An employee may elect to become an employee of the authority at any time on or after the trans…
Colo. Rev. Stat. § 25-29-108 Retirement benefits - rights of former city employees
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(1) Any former city employee who elects to become an employee of the authority shall be eligible for membership in the authority's retirement plan. (2) The authority shall qualify its retirement plan under section 401 (a) of the Internal Revenue Code of 1986, as amended, as a gov…
Colo. Rev. Stat. § 25-29-109 Records of board of directors
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All resolutions shall be recorded and authenticated by the signature of the secretary of the board of directors. The resolutions and other proceedings of the board of directors, minutes of the board meetings, annual reports and financial statements, certificates, contracts and fi…
Colo. Rev. Stat. § 25-29-110 Meetings of board of directors
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(1) All meetings of the board of directors of the authority shall be subject to the provisions of section 24-6-402, C.R.S. No business of the board of directors shall be transacted except at a regular or special meeting at which a quorum consisting of at least a majority of the t…
Colo. Rev. Stat. § 25-29-111 Disclosure of interests required
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Any member of the board of directors and any employee or other agent or advisor of the authority, who has a direct or indirect interest in any contract or transaction with the authority, shall disclose this interest to the authority. This interest shall be set forth in the minute…
Colo. Rev. Stat. § 25-29-112 General powers of authority
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(1) In addition to any other powers granted to the authority in this article, the authority shall have the following powers: (a) To have the duties, privileges, immunities, rights, liabilities, and disabilities of a body corporate and political subdivision of the state; (b) To ha…
Colo. Rev. Stat. § 25-29-113 Bonds and notes
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(1) (a) The authority has the power and is authorized to issue from time to time its notes and bonds in such principal amounts as the authority determines to be necessary to provide sufficient funds for achieving any of its corporate purposes, including the payment of interest on…
Colo. Rev. Stat. § 25-29-114 Remedies
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Any holder of bonds issued under the provisions of this article, or any coupons appertaining thereto and the trustee under any trust agreement or resolution authorizing the issuance of such bonds, except to the extent the rights under this article may be restricted by such trust …
Colo. Rev. Stat. § 25-29-115 Negotiable instruments
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Notwithstanding any of the foregoing provisions of this article or any recitals in any bonds issued under the provisions of this article, all such bonds and interest coupons appertaining thereto shall be negotiable instruments under the laws of this state, subject only to any app…
Colo. Rev. Stat. § 25-29-116 Bonds eligible for investment
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Bonds issued under the provisions of this article are hereby made securities in which all insurance companies, trust companies, banking associations, savings and loan associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and l…
Colo. Rev. Stat. § 25-29-117 Refunding bonds
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(1) The board of directors may provide for the issuance of refunding obligations of the authority for the purpose of refunding any obligations then outstanding which have been issued under the provisions of this article, including the payment of any redemption premium thereon and…
Colo. Rev. Stat. § 25-29-118 Nonliability of state for bonds
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Neither the state of Colorado nor the city shall be liable for bonds of the authority, and such bonds shall not constitute a debt of the state or the city. The bonds shall contain on the face thereof a statement to such effect. Source: L. 94: Entire article added, p. 668, � 1, ef…
Colo. Rev. Stat. § 25-29-119 Members of authority not personally liable on bonds
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Neither the members of the board of directors nor any authorized person executing bonds issued pursuant to this article shall be personally liable for such bonds by reason of the execution or issuance thereof. Source: L. 94: Entire article added, p. 668, � 1, effective April 19.
Colo. Rev. Stat. § 25-29-120 Annual report
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The authority shall submit to the mayor of the city within six months after the end of the fiscal year a report which shall set forth a complete and detailed operating and financial statement of the authority during such year. Also included in the report shall be any recommendati…
Colo. Rev. Stat. § 25-29-121 Powers of authority - investments
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(1) The authority has the power: (a) To invest any funds not required for immediate disbursement in property or in securities which meet the standard for investments established in section 15-1-304, C.R.S., provided such investment assists the authority in carrying out its public…
Colo. Rev. Stat. § 25-29-122 Agreement of this state
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This state does hereby pledge to and agree with the holders of any notes or bonds issued under this article that this state will not limit or alter the rights hereby vested in the authority to fulfill the terms of any agreements made with the said holders thereof or in any way im…
Colo. Rev. Stat. § 25-29-123 This article not a limitation of powers
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Nothing in this article shall be construed as a restriction or limitation upon any other powers which the authority might otherwise have under any other law of this state, and this article is cumulative to any such powers. This article does and shall be construed to provide a com…
Colo. Rev. Stat. § 25-29-124 Exemption from property taxation
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The authority shall be exempt from any general ad valorem taxes upon any property of the authority acquired and used for its public purposes. The authority may enter into agreements to pay annual sums in lieu of taxes to any county, municipality, or other taxing entity with respe…
Colo. Rev. Stat. § 25-29-125 General assembly retains authority to enact laws governing Denver health and hospital authority
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The general assembly expressly reserves its plenary legislative authority relating to the Denver health and hospital authority, including but not limited to the authority to enact laws relating thereto. Nothing in this part 5 or part 6 of this article or in section 11 of article …
Colo. Rev. Stat. § 25-29-126 Severability
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Any provision of this article declared to be unconstitutional or otherwise invalid shall not impair the remaining provisions of this article. Source: L. 94: Entire article added, p. 670, � 1, effective April 19.