Title 37, Water and Irrigation
0 chapters · 1,105 sections in this title.
Colo. Rev. Stat. § 37-95-101 Short title
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This article shall be known and may be cited as the Colorado Water Resources and Power Development Authority Act. Source: L. 81: Entire article added, p. 1794, � 1, effective July 1.
Colo. Rev. Stat. § 37-95-102 Legislative declaration
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(1) It is hereby declared to be the public policy of the state to preserve, protect, upgrade, conserve, develop, utilize, and manage the water resources of the state, to promote the beneficial use of waters of the state for the protection and preservation of the public health, sa…
Colo. Rev. Stat. § 37-95-103 Definitions
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As used in this article 95: (1) Authority means the Colorado water resources and power development authority created by this article. (2) Beneficial use means a use of water, including the method of diversion, storage, transportation, treatment, and application, that is reasonabl…
Colo. Rev. Stat. § 37-95-106 Authority - powers
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(1) Except as otherwise limited by this article, the authority, acting through the board, has the power: (a) To have the duties, privileges, immunities, rights, liabilities, and disabilities of a body corporate and political subdivision of the state; (b) To sue and be sued; (c) T…
Colo. Rev. Stat. § 37-95-107 Feasibility studies - repayment of costs
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(1) (a) (I) Before any proposed project can receive consideration for construction funding by the authority, the Colorado water conservation board must first review the feasibility study of any such proposed project, and the general assembly must authorize the authority to procee…
Colo. Rev. Stat. § 37-95-107.5 Legislative declaration - specific project authorizations
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(1) It is hereby declared to be the policy of the general assembly to protect and foster the full utilization of Colorado's limited surface water resources by allocation thereof through the operation of the appropriation system as provided by sections 5 and 6 of article XVI of th…
Colo. Rev. Stat. § 37-95-107.8 Creation and administration of drinking water revolving fund
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(1) There is hereby created in the authority the drinking water revolving fund that the authority shall maintain and administer for the purposes stated in this section. The authority may: (a) Establish procedures to administer the drinking water revolving fund in accordance with …
Colo. Rev. Stat. § 37-95-109 Bonds or notes - issuance - terms
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(1) The authority has the power and is hereby authorized from time to time to issue its bonds or notes in such principal amounts as in the opinion of the board are necessary to provide sufficient funds for any of its corporate purposes, including the payment, funding, or refundin…
Colo. Rev. Stat. § 37-95-110 Power to make covenants to secure payment
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(1) In any resolution of the board authorizing or relating to the issuance of any bonds or notes, the authority, in order to secure the payment of such bonds or notes and in addition to its other powers, has the power by provisions therein which shall constitute covenants by the …
Colo. Rev. Stat. § 37-95-111 Pledge of revenues, moneys, funds, or other property - lien
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Any pledge of revenues, moneys, funds, or other property made by the authority shall be valid and binding from the time when the pledge is made; the revenues, moneys, funds, or other property so pledged and thereafter received by the authority shall immediately be subject to the …
Colo. Rev. Stat. § 37-95-112 Personal liability
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Neither the members of the board nor any person executing bonds or notes issued pursuant to this article shall be liable personally on such bonds or notes by reason of the issuance thereof. Source: L. 81: Entire article added, p. 1807, � 1, effective July 1. 37-95-112.5. Watershe…
Colo. Rev. Stat. § 37-95-115 Exemption of bonds from taxation
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Any bonds issued by the authority under the provisions of this article, their transfer, and the income therefrom (including any profit made on the sale thereof) shall at all times be free from taxation by the state or any political subdivision or other instrumentality of the stat…
Colo. Rev. Stat. § 37-95-116 Annual report - annual audit - annual budget
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(1) Notwithstanding section 24-1-136 (11)(a)(I), on or before April 30 of each year, the authority shall make an annual report of its activities for the preceding fiscal year to the governor and the joint agriculture and natural resources committee of the house of representatives…
Colo. Rev. Stat. § 37-95-118 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. § 37-95-119 Charges for use of service of projects
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Rentals or other charges with respect to a project shall not be subject to supervision or regulation by any other authority, commission, board, bureau, or agency of the state, and such contract with respect to a project may provide for acquisition by such person or governmental a…
Colo. Rev. Stat. § 37-95-120 Agreements with governmental agencies or persons
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(1) Governmental agencies or persons may enter into lease, sale, or loan agreements with the authority with respect to any project, and governmental agencies or persons may also enter into purchase agreements with the authority for the purchase of the capacity use or service of a…
Colo. Rev. Stat. § 37-95-122 Severability
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If any provision of this article or the application thereof to any person or circumstances is held invalid, such invalidity shall not affect other provisions or applications of the article which can be given effect without the invalid provision or application, and to this end the…
Colo. Rev. Stat. § 37-95-123 Construction of article
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This article shall be construed liberally to effectuate the legislative intent and the purposes of this article as the complete and independent authority for the performance of each and every act and thing authorized in this article, and all the powers granted in this article sha…