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Colorado Statutes, Title 43

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Title 43, Transportation

0 chapters · 433 sections in this title.

All chapters in Title 43433 Ch 1155 Ch 4128 Ch 272 Ch 338 Ch 521 Ch 1019

128 sections·Filtered byTitle 43✕Ch 4✕

Colo. Rev. Stat. § 43-4-501 Short title
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This part 5 shall be known and may be cited as the "Public Highway Authority Law". Source: L. 87: Entire part added, p. 1843, § 1, effective August 27. ANNOTATION Public highway authority law held constitutional. The court found that the act did not constitute special legislation…
Colo. Rev. Stat. § 43-4-502 Legislative declaration
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(1) The general assembly hereby finds, determines, and declares that: (a) The necessity for this part 5 results from the large population and population growth within metropolitan regions in the state, from the significant and growing demand for construction of beltways within su…
Colo. Rev. Stat. § 43-4-503 Definitions
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As used in this part 5, unless the context otherwise requires: (1) "Authority" means a body corporate and political subdivision of the state created pursuant to this part 5. (2) "Board" means the board of directors of an authority. (3) "Bond" means any bond, note, interim certifi…
Colo. Rev. Stat. § 43-4-504 Creation of authorities
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(1) Any combination may create, by contract, an authority which shall be authorized to exercise the functions conferred by the provisions of this part 5 upon the issuance by the director of the division of a certificate stating that the authority has been duly organized according…

Colo. Rev. Stat. § 43-4-505 Board of directors

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(1) (a) All powers, privileges, and duties vested in or imposed upon the authority shall be exercised and performed by and through the board. The board, by resolution, may delegate any of the powers of the board to any of the officers or agents of the board; except that, to ensur…

Colo. Rev. Stat. § 43-4-506 Powers of the authority - inclusion or exclusion of property - determination of public highway alignment

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(1) In addition to any other powers granted to the authority pursuant to this part 5, the authority has the following powers: (a) To have perpetual existence, except as otherwise provided in the contract; (b) To sue and be sued; (c) To enter into contracts and agreements affectin…

Colo. Rev. Stat. § 43-4-506.5 Traffic laws - toll collection

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(1) The traffic laws of this state, and those of any municipality through which passes a public highway constructed, operated, or maintained by an authority, and such an authority's rules and regulations regarding toll collection and enforcement shall pertain to and govern the us…

Colo. Rev. Stat. § 43-4-507 Local improvement districts

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The board may establish local improvement districts within the boundaries of the authority to facilitate the financing, construction, operation, or maintenance of public highways within or without the boundaries of the authority. Such local improvement districts may be establishe…

Colo. Rev. Stat. § 43-4-508 Value capture areas

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(1) The board may establish one or more value capture areas within its boundaries to facilitate the financing and construction, operation, or maintenance of public highways within or without the boundaries of the authority. Such value capture areas may be established by the board…

Colo. Rev. Stat. § 43-4-509 Bonds

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(1) The authority may, from time to time, issue bonds for any of its corporate purposes. The bonds shall be issued pursuant to resolution of the board and shall be payable solely out of all or a specified portion of the revenues as designated by the board. (2) Bonds may be execut…

Colo. Rev. Stat. § 43-4-510 Cooperative powers

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(1) The authority has the power to cooperate with any person: (a) To accept contributions, loans, or advances from any person with respect to the financing, construction, operation, or maintenance of a public highway and in connection with any loan or advance to enter into contra…

Colo. Rev. Stat. § 43-4-511 Powers of governmental units

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(1) A governmental unit, for the purpose of aiding and cooperating in the financing, construction, operation, or maintenance of any public highway, has the power: (a) To sell, lease, loan, donate, grant, convey, assign, transfer, and otherwise dispose to the authority any real or…

Colo. Rev. Stat. § 43-4-512 Referendum

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No action by an authority to establish or increase any annual motor vehicle registration fee authorized by this part 5 shall take effect unless first submitted to a vote of the registered electors of that portion of the combination in which the fee is proposed to be collected at …

Colo. Rev. Stat. § 43-4-513 Notice - opportunity for comment

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(1) The board of any authority created pursuant to this part 5, at least forty-five days prior to any meeting at which the board shall consider or take action on a proposal to establish, increase, or decrease any fee authorized by this part 5, shall deliver written notice of the …

Colo. Rev. Stat. § 43-4-514 Notice - coordination of information - report

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(1) (a) At least forty-five days prior to the creation of any authority or value capture area pursuant to this part 5, a notice containing the proposed boundaries of the authority or value capture area and the methods proposed for financing public highways in the authority or a c…

Colo. Rev. Stat. § 43-4-515 Successor to prior entity - assumption of obligations and liabilities - action for mandamus or injunctive relief

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(1) An authority, if the contract establishing it so provides, shall be the successor to any nonprofit corporation, agency, or other entity theretofore organized to provide public highways, shall be entitled to all rights and privileges, and shall assume all obligations and liabi…

Colo. Rev. Stat. § 43-4-516 Agreement of the state not to limit or alter rights of obligees

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The state hereby pledges and agrees with the holders of any bonds issued under this part 5 and with those parties who enter into contracts with the authority or any member of the combination pursuant to this part 5 that the state will not limit, alter, restrict, or impair the rig…

Colo. Rev. Stat. § 43-4-517 Investments

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The authority may invest or deposit any funds in the manner provided by part 6 of article 75 of title 24, C.R.S. In addition, the authority may direct a corporate trustee which holds funds of the authority to invest or deposit such funds in investments or deposits other than thos…

Colo. Rev. Stat. § 43-4-518 Bonds eligible for investment

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All banks, trust companies, savings and loan associations, insurance companies, executors, administrators, guardians, trustees, and other fiduciaries may legally invest any moneys within their control in any bonds issued under this part 5. Public entities, as defined in section 2…

Colo. Rev. Stat. § 43-4-519 Exemption from taxation - securities laws

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The income or other revenues of the authority, all properties at any time owned by the authority, any bonds issued by the authority, and the transfer of and the income from any bonds issued by the authority shall be exempt from all taxation and assessments in the state. In the re…

Colo. Rev. Stat. § 43-4-520 No action maintainable

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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 part 5, w…

Colo. Rev. Stat. § 43-4-521 Termination of revenue-raising powers

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When all bonds and obligations of an authority have been paid in full and the authority has established a maintenance trust fund sufficient to meet future needs of the authority, all revenue-raising powers granted pursuant to this part 5, including tolls, shall terminate. Source:…

Colo. Rev. Stat. § 43-4-522 Judicial examination of powers, acts, proceedings, or contracts of an authority

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

Colo. Rev. Stat. § 43-4-601 Short title

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This part 6 shall be known and may be cited as the "Regional Transportation Authority Law". Source: L. 97: Entire part added, p. 480, § 1, effective August 6. L. 2005: Entire section amended, p. 1057, § 2, effective January 1, 2006.

Colo. Rev. Stat. § 43-4-602 Definitions

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As used in this part 6, unless the context otherwise requires: (1) "Advertising device" means an outdoor sign, display, poster, or other message used to advertise a product or service or other message. (1.5) "Authority" means a body corporate and political subdivision of the stat…

Colo. Rev. Stat. § 43-4-603 Creation of authorities - exercise of powers of an authority by transportation planning organization

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(1) Any combination may create, by contract, an authority that is authorized to exercise the functions conferred by this part 6 upon the issuance by the director of the division of a certificate stating that the authority has been duly organized according to the laws of the state…

Colo. Rev. Stat. § 43-4-604 Board of directors - powers and duties - director - conflict of interest

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(1) (a) All powers, privileges, and duties vested in or imposed upon the authority shall be exercised and performed by and through the board. The board, by resolution, may delegate any of the powers of the board to any of the officers or agents of the board; except that, to ensur…

Colo. Rev. Stat. § 43-4-605 Powers of the authority - inclusion or exclusion of property - determination of regional transportation system alignment - visitor benefit tax fund - regional transportation authority sales tax fund

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(1) In addition to any other powers granted to an authority pursuant to this part 6, an authority has the following powers: (a) To have perpetual existence, except as otherwise provided in the contract; (b) To sue and be sued; (c) To enter into contracts and agreements affecting …

Colo. Rev. Stat. § 43-4-605.5 Preservation of state highway funding - legislative declaration

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The general assembly hereby finds and declares that moneys made available for regional transportation systems pursuant to this part 6 shall not be used to supplant existing or budgeted department of transportation funding of any portion of the state highway system within the terr…

Colo. Rev. Stat. § 43-4-606 Establishment of regional transportation activity enterprises

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(1) Any authority may establish regional transportation activity enterprises for the purpose of pursuing or continuing activities authorized by this part 6. Any regional transportation activity enterprise established or maintained pursuant to this part 6 is not subject to the pro…

Colo. Rev. Stat. § 43-4-607 Traffic laws - toll collection

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(1) The traffic laws of this state and of any municipality, in which a regional transportation system is constructed, operated, or maintained by an authority, and the authority's rules regarding toll collection and enforcement shall pertain to and govern the use of any regional t…

Colo. Rev. Stat. § 43-4-607.5 Streetscape enhancements - local and private authority

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A local government whose jurisdiction includes territory within an authority may create, permit, or contract streetscape enhancements within that territory. Source: L. 2005: Entire section added, p. 1064, § 6, effective January 1, 2006.

Colo. Rev. Stat. § 43-4-608 Local improvement districts

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The board, or the board of the regional transportation district established under article 9 of title 32, C.R.S., in the case of any authority whose territory is located in whole or in part within the boundaries of the district, may establish local improvement districts within the…

Colo. Rev. Stat. § 43-4-609 Bonds

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

Colo. Rev. Stat. § 43-4-610 Cooperative powers

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(1) The authority has the power to cooperate with any person: (a) To accept contributions, loans, advances, or liens securing obligations to or of the authority from any person with respect to the financing, construction, operation, or maintenance of a regional transportation sys…

Colo. Rev. Stat. § 43-4-611 Powers of governmental units

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(1) A governmental unit, for the purpose of aiding and cooperating in the financing, construction, operation, or maintenance of any regional transportation system, has the power: (a) To sell, lease, loan, donate, grant, convey, assign, transfer, and otherwise dispose to the autho…

Colo. Rev. Stat. § 43-4-612 Referendum

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(1) (a) No action by an authority to establish or increase any tax authorized by this part 6 shall take effect unless first submitted to a vote of the registered electors of that portion of the combination or that portion of the territory in which a transportation planning organi…

Colo. Rev. Stat. § 43-4-613 Notice - opportunity for comment

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(1) The board of any authority created pursuant to this part 6, at least forty-five days prior to any meeting at which the board shall consider or take action on a proposal to establish, increase, or decrease any tax or fee authorized by this part 6, shall deliver written notice …

Colo. Rev. Stat. § 43-4-614 Notice - coordination of information

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(1) (a) At least forty-five days prior to the creation of any authority pursuant to this part 6, a notice containing the proposed boundaries of the authority and the methods proposed for financing regional transportation systems in the authority shall be sent to the division and …

Colo. Rev. Stat. § 43-4-615 Agreement of the state not to limit or alter rights of obligees

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The state hereby pledges and agrees with the holders of any bonds issued under this part 6 and with those parties who enter into contracts with an authority or any member of a combination or member of a transportation planning organization exercising the powers of an authority as…

Colo. Rev. Stat. § 43-4-616 Investments

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An authority may invest or deposit any funds in the manner provided by part 6 of article 75 of title 24, C.R.S. In addition, an authority may direct a corporate trustee that holds funds of the authority to invest or deposit the funds in investments or deposits other than those sp…

Colo. Rev. Stat. § 43-4-617 Bonds eligible for investment

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All banks, trust companies, savings and loan associations, insurance companies, executors, administrators, guardians, trustees, and other fiduciaries may legally invest any moneys within their control in any bonds issued under this part 6. Public entities, as defined in section 2…

Colo. Rev. Stat. § 43-4-618 Exemption from taxation - securities laws

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

Colo. Rev. Stat. § 43-4-619 No action maintainable

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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 part 6, wheth…

Colo. Rev. Stat. § 43-4-620 Judicial examination of powers, acts, proceedings, or contracts of an authority

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

Colo. Rev. Stat. § 43-4-621 Calculation of fiscal year spending limit - first full fiscal year's spending as base

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(1) For the purpose of determining any authority's fiscal year spending limit under section 20 (7)(b) of article X of the state constitution, the initial spending base of the authority shall be the amount of revenues collected by the authority from sources not excluded from fisca…

Colo. Rev. Stat. § 43-4-622 Exercise of authority powers by transportation planning organization

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(1) By adopting a resolution, the board of a transportation planning organization may authorize itself to exercise some or all of the powers of an authority set forth in this part 6 within the region or any portion of the region of the transportation planning organization. (2) Th…

Colo. Rev. Stat. § 43-4-701 Legislative declaration

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(1) The general assembly hereby finds and declares that: (a) The rapid growth of the economy of this state has prompted new and ever-increasing uses of public highways, roads, and other transportation infrastructure, and the existing transportation infrastructure of this state ca…

Colo. Rev. Stat. § 43-4-702 Definitions

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As used in this part 7, unless the context otherwise requires: (1) "Commission" means the transportation commission created by section 43-1-106. (2) "Department" means the department of transportation created by part 1 of article 1 of this title. (3) "Executive director" means th…

Colo. Rev. Stat. § 43-4-703 Submission of ballot question regarding issuance of transportation revenue anticipation notes

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(1) The secretary of state shall submit a ballot question to a vote of the registered electors of the state of Colorado at the statewide election to be held in November, 1999, for their approval or rejection. Each elector voting at said November election shall cast a vote as prov…