0 chapters · 777 sections in this title.
Colo. Rev. Stat. § 32-4-517 Dissolution of districts
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(1) Any metropolitan sewage disposal district formed under this part 5 which has no indebtedness, securities, or other obligations outstanding or which has made full provision for their payment, may be dissolved by vote of a majority of the electors voting at an election to be he…
Colo. Rev. Stat. § 32-4-518 Elections
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(1) (a) Wherever in this part 5 an election is permitted or required, the election may be held separately or may be coordinated with any primary or general election held under the laws of the state of Colorado. The elections shall be held and conducted as provided in articles 1 t…
Colo. Rev. Stat. § 32-4-519 Authorization
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In addition to powers elsewhere conferred by law on municipalities, municipalities participating in the organization of a district and municipalities included within a district under this part 5 have every power necessary, requisite, or proper to effectuate the purposes of this p…
Colo. Rev. Stat. § 32-4-520 Correction of faulty notices
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In any case where a notice is provided for in this part 5, if the board, governing body, or court having jurisdiction of the matter finds for any reason that due notice was not given, the board, governing body, or court shall not thereby lose jurisdiction, and the proceeding in q…
Colo. Rev. Stat. § 32-4-521 Early hearings
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All cases in which there may arise a question of validity of the organization of a district, or a question of the validity of any proceeding under this part 5, shall be advanced as a matter of immediate public interest and concern, and heard at the earliest practicable moment. Th…
Colo. Rev. Stat. § 32-4-522 Rates and service charges
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(1) (a) Every district and municipality fixing and collecting rates or charges, or both, as provided in section 32-4-510 (1)(l) and elsewhere in this part 5, or otherwise, is, in supplementation of such powers, authorized to fix and collect rents, rates, fees, tolls, and other ch…
Colo. Rev. Stat. § 32-4-523 Form of borrowing
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(1) Upon the conditions and under the circumstances set forth in this part 5, a district, to carry out the purposes of this part 5, from time to time may borrow money to defray the cost of any project, or any part thereof, as the board may determine, and issue the following secur…
Colo. Rev. Stat. § 32-4-524 Payment of securities
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(1) All securities issued by the district shall be authorized by resolution. (2) The district may pledge its full faith and credit for the payment of any securities authorized in this part 5, the interest thereon, any prior redemption premiums, and any charges appertaining theret…
Colo. Rev. Stat. § 32-4-525 Incontestable recital in securities
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Any resolution authorizing, or other instrument appertaining to, any securities under this part 5 may provide that each security therein authorized shall recite that it is issued under authority of this part 5. Such recital shall conclusively impart full compliance with all of th…
Colo. Rev. Stat. § 32-4-526 Security details
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(1) Any securities in this part 5 authorized to be issued shall bear such date, shall be in such denomination, shall mature at such time but in no event exceeding forty years from their date, shall bear interest at a rate such that the net effective interest rate of the issue of …
Colo. Rev. Stat. § 32-4-527 Sale of securities
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(1) Any securities authorized in this part 5, except for warrants not issued for cash, and except for interim receipts or certificates or temporary bonds issued pending preparation of definitive bonds, shall be sold at public or private sale for not less than the principal amount…
Colo. Rev. Stat. § 32-4-528 Application of proceeds
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(1) All moneys received from the issuance of any securities authorized in this part 5 shall be used solely for the purposes for which issued and the cost of any project thereby delineated. (2) Any accrued interest and any premium shall be applied to the payment of the interest on…
Colo. Rev. Stat. § 32-4-529 Covenants in security proceedings
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(1) Any resolution or trust indenture authorizing the issuance of securities or any other instrument appertaining thereto may contain covenants and other provisions, notwithstanding such covenants and provisions may limit the exercise of powers conferred by this part 5, in order …
Colo. Rev. Stat. § 32-4-530 Remedies of security holders
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(1) Subject to any contractual limitations binding upon the holders of any issue or series of securities, or trustee therefor, including but not limited to the restriction of the exercise of any remedy to a specified proportion, percentage, or number of such holders, and subject …
Colo. Rev. Stat. § 32-4-531 Cancellation of paid securities
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Whenever the treasurer of the district redeems and pays any of the securities issued under the provisions of this part 5, he shall cancel the same by writing across the face thereof or stamping thereon the word Paid, together with the date of the payment, sign his name thereto, a…
Colo. Rev. Stat. § 32-4-532 Interest after maturity
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No interest shall accrue on any security authorized in this part 5 after it becomes due and payable if funds for the payment of the principal of and interest on the security and any prior redemption premium due are available to the paying agent for such payment without default. S…
Colo. Rev. Stat. § 32-4-533 Refunding bonds
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(1) Any bonds issued under this part 5 may be refunded, without an election, pursuant to a resolution adopted by the board in the manner provided in this part 5 for the issuance of other securities, subject to any contractual limitations, to refund, pay, or discharge all or any p…
Colo. Rev. Stat. § 32-4-534 Cumulative rights of security holders
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(1) No right or remedy conferred upon any holder of any security or any coupon appertaining thereto or any trustee for such holder, by this part 5 or by any proceedings appertaining to the issuance of such security or coupon, is exclusive of any other right or remedy, but each su…
Colo. Rev. Stat. § 32-4-535 Issuance of notes and pledge of bonds as collateral security
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(1) (a) Notwithstanding any limitation or other provision in this part 5, whenever a proposal to issue bonds has been approved and the district authorized to issue bonds in the manner required by this part 5 for any purpose authorized in this part 5, the district is authorized to…
Colo. Rev. Stat. § 32-4-536 Connections with existing drains and pumping stations
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In order to carry out and effectuate its purposes, every district is authorized to enter upon and use and connect with any existing public drains, sewers, conduits, pipe lines, pumping and ventilating stations, and treatment plants or works, or any other public property of a simi…
Colo. Rev. Stat. § 32-4-537 Connections with drains serving property - service charges
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(1) Each municipality within the district, and every person owning or operating any sewer or drain or any system of water distribution serving three or more parcels of real property in the district, shall at the request of the district, make available to the district any of its m…
Colo. Rev. Stat. § 32-4-538 Construction of other sewage disposal systems prohibited
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It is hereby declared that a district shall be the exclusive agency for the acquisition and operation of a sewage disposal system within a district, except as in this part 5 otherwise provided or authorized, and that no sewage disposal system or other facility for the collection,…
Colo. Rev. Stat. § 32-4-540 Confirmation of contract proceedings
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(1) (a) In its discretion, the board may file a petition at any time in the district court in and for any county in which the district is located wholly or in part, praying for a judicial examination and determination of any power conferred or of any tax or rates or charges levie…
Colo. Rev. Stat. § 32-4-541 Preliminary expenses
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(1) The district may provide for the payment of all necessary preliminary expenses actually incurred in the making of surveys, estimates of costs and revenues, the employment of engineers, architects, fiscal agents, attorneys at law, clerical help, other agents or employees, the …
Colo. Rev. Stat. § 32-4-542 Tax exemption
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(1) The effectuation of the powers authorized in this part 5 shall be in all respects for the benefit of the people of the state, including, but not necessarily limited to, those residing in any district exercising any power under this part 5, for the improvement of their health …
Colo. Rev. Stat. § 32-4-543 Freedom from judicial process
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(1) Execution or other judicial process shall not issue against any property in this part 5 authorized of the district nor shall any judgment against the district be a charge or lien upon its property. (2) This section does not apply to or limit the right of the holder of any sec…
Colo. Rev. Stat. § 32-4-544 Legal investments in securities
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It shall be legal for any bank, trust company, banker, savings bank, or banking institution; any building and loan association, savings and loan association, or investment company; any other person carrying on a banking or investment business; any insurance company, insurance ass…
Colo. Rev. Stat. § 32-4-545 Misdemeanors and civil rights
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(1) Any person who wrongfully or purposely fills up, cuts, damages, injures, or destroys, or in any manner impairs, the usefulness of any reservoir, canal, ditch, lateral, drain, dam, intercepting sewer, outfall sewer, force main, other sewer, sewage treatment works, sewage treat…
Colo. Rev. Stat. § 32-4-546 Validation
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All securities issued or purportedly issued and other contracts executed or purportedly executed of districts prior to February 21, 1962, all district bond elections held and carried, or purportedly held and carried prior to that date, and all acts and proceedings had or taken, o…
Colo. Rev. Stat. § 32-4-547 Effect of and limitations upon validation
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This part 5 shall operate to supply such legislative authority as may be necessary to validate any securities issued, other contracts executed by districts, and any acts and proceedings taken prior to February 12, 1962, appertaining to the issuance of securities or execution of o…
Colo. Rev. Stat. § 32-7-101 Short title
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This article shall be known and may be cited as the Service Authority Act of 1972. Source: L. 72: p. 452, � 1. C.R.S. 1963: � 89-25-1.
Colo. Rev. Stat. § 32-7-102 Legislative declaration
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The general assembly hereby declares that the purpose of this article is to implement the provisions of section 17 of article XIV of the state constitution, adopted at the 1970 general election, by providing for and facilitating the formation and operation of a limited number of …
Colo. Rev. Stat. § 32-7-103 Definitions
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As used in this article, unless the context otherwise requires: (1) Board means the board of directors of a service authority. (2) Concurrent, when used in regard to the provision of a service by a service authority, means that a service may be provided by a service authority in …
Colo. Rev. Stat. § 32-7-104 Territorial requirements for service authorities
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(1) No territory shall be included within the boundaries of more than one service authority. (2) (a) Except as provided in paragraph (b) of this subsection (2), a service authority shall include all of the territory of at least one county and may include such additional entire co…
Colo. Rev. Stat. § 32-7-105 Petition or resolution for formation - designation of services
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(1) The formation of a service authority shall be initiated by a petition signed by eligible electors of the proposed service authority in number not less than five percent of the votes cast in the proposed service authority for all candidates for the office of governor at the la…
Colo. Rev. Stat. § 32-7-106 Priority of petition or resolution
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(1) When the district court receives a resolution adopted by a majority of the governing bodies of the counties and municipalities or receives a petition signed by the requisite number of eligible electors pursuant to section 32-7-105 for the initiation of formation of a service …
Colo. Rev. Stat. § 32-7-108 Service authority organizational commission
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(1) The service authority organizational commission appointed pursuant to section 32-7-107 shall meet within twenty days after its appointment on a date designated by the district court. The service authority organizational commission shall elect a chairman and a vice-chairman fr…
Colo. Rev. Stat. § 32-7-110 Board of directors
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(1) The governing body of the service authority shall be a board of directors in which all legislative power of the service authority is vested. In those service authorities having a population in excess of five hundred thousand, the board shall consist of fifteen members, all of…
Colo. Rev. Stat. § 32-7-111 Designation of services
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(1) Subject to local authorization as provided in section 32-7-112, local governing bodies, by resolution, or the people, by petition, or the service authority organizational commission, if such services are not designated by the resolution or petition for formation prior to form…
Colo. Rev. Stat. § 32-7-112 Local authorization of functions, services, and facilities
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(1) (a) No service designated in section 32-7-111 shall be provided by a service authority unless such service, together with the maximum ad valorem tax mill levy (other than for debt purposes), if any, necessary to support each such service, has been submitted to and authorized …
Colo. Rev. Stat. § 32-7-113 General powers
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(1) The service authority shall be a body corporate and a political subdivision of the state, and the board has the following general powers: (a) To have and use a corporate seal; (b) To sue and be sued and be a party to suits, actions, and proceedings; the provisions of the Colo…
Colo. Rev. Stat. § 32-7-114 Duties related to planning powers
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(1) To provide for comprehensive planning to promote the orderly and efficient development of the physical, social, and economic elements of the service authority and to encourage and assist local governments within the boundaries of the service authority to plan for the future, …
Colo. Rev. Stat. § 32-7-115 Ancillary powers
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(1) The board of any service authority has the power to adopt by resolution and enforce regulations not inconsistent with state law or regulations which are necessary, appropriate, or incidental to any authorized services provided by the service authority. (2) Said regulations sh…
Colo. Rev. Stat. § 32-7-116 Powers to be exercised without franchise - condition
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(1) The board has authority, without the necessity of a franchise, to cut into or excavate and use any easements dedicated to a public use, or any public street, road, or highway pursuant to the construction, maintenance, or provision of any service authorized to be provided by t…
Colo. Rev. Stat. § 32-7-117 Revenues of service authority - collection
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(1) In any service authority, all rates, fees, tolls, and charges shall constitute a perpetual lien on and against the property served until paid, and any such lien may be enforced and foreclosed by certification of the delinquent amounts due, within one hundred twenty days after…
Colo. Rev. Stat. § 32-7-118 Levy and collection of taxes
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(1) To provide for the levy and collection of taxes, the board shall determine, in each year, the amount of money necessary to be raised by taxation, taking into consideration other sources of revenue of the service authority, and shall fix a rate of levy which, when levied upon …
Colo. Rev. Stat. § 32-7-119 Levies to cover deficiencies
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The board, in certifying annual levies, shall take into account the maturing indebtedness for the ensuing year as provided in its contract, maturing bonds and interest on bonds, and deficiencies and defaults of prior years, and shall make ample provision for the payment thereof. …
Colo. Rev. Stat. § 32-7-120 Power to issue revenue bonds - terms
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To carry out the purposes of this article, the board is authorized to issue negotiable coupon bonds payable solely from the revenues derived, or to be derived, from the facility or combined facilities of the service authority. The terms, conditions, and details of said bonds, the…
Colo. Rev. Stat. § 32-7-122 Debt question submitted to electors - resolution
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(1) Whenever the board determines by resolution that the interest of the service authority and the public interest or necessity demand the acquisition, construction, installation, or completion of any works or other improvements or facilities or the making of any contract to carr…
Colo. Rev. Stat. § 32-7-123 Effect - subsequent elections
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If any proposition authorized by section 32-7-122 is approved by the eligible electors, the service authority shall thereupon be authorized to incur the indebtedness or obligations, enter into contracts, or issue and sell bonds of the service authority, as the case may be, all fo…