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Colorado Statutes, Title 32

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Title 32, Special Districts

0 chapters · 784 sections in this title.

All chapters in Title 32784 Ch 11209 Ch 1143 Ch 977 Ch 463 Ch 746 Ch 1536 Ch 11.535 Ch 1433 Ch 1229 Ch 2217 Ch 1316 Ch 1915 Ch 1714 Ch 2114

784 sections·Filtered byTitle 32✕

Colo. Rev. Stat. § 32-9-125 Issuance of notes
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The district may borrow money in anticipation of general ad valorem property taxes, sales taxes, or revenues, or a combination thereof, and issue notes to evidence the amount so borrowed. Source: L. 69: p. 721, § 1. C.R.S. 1963: § 89-20-24. L. 73: p. 992, § 5.
Colo. Rev. Stat. § 32-9-126 Issuance of warrants
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The district may defray the cost of any services or supplies, equipment, or other materials furnished to or for the benefit of the district by the issuance of warrants to evidence the amount due therefor in anticipation of general ad valorem property taxes, sales taxes, or revenu…
Colo. Rev. Stat. § 32-9-127 Maturities of notes and warrants
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Notes and warrants may mature at such time not exceeding two years from the respective dates of their issuance as the board may determine. They shall not be extended or funded except by the issuance of bonds, special obligation bonds, or interim notes in compliance with sections …
Colo. Rev. Stat. § 32-9-128 Incurrence of special obligations
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The district may borrow money in anticipation of the revenues and the sales tax proceeds of the district, but not the proceeds of any general ad valorem property taxes, and issue special obligation bonds to evidence the amount so borrowed. Any special obligation bonds or other ob…

Colo. Rev. Stat. § 32-9-128.5 Private activity and exempt facility bonds

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(1) In order to maximize public and private participation in federal funding opportunities and opportunities for transportation infrastructure development, the district, in addition to the other powers granted by this article, shall have the following powers: (a) Subject to the r…

Colo. Rev. Stat. § 32-9-129 Issuance of temporary bonds

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The district may, without an election, issue temporary bonds, pending preparation of definitive bonds and exchangeable for the definitive bonds when prepared, as the board may determine. Each temporary bond shall set forth substantially the same conditions, terms, and provisions …

Colo. Rev. Stat. § 32-9-130 Issuance of interim notes

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The district may borrow money and issue interim notes evidencing short-term loans for the acquisition or improvement and equipment of any mass transportation facility of the district in supplementation of long-term financing and the issuance of bonds, as provided in section 32-9-…

Colo. Rev. Stat. § 32-9-131 Pledge of proceeds of sales taxes and revenues

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The payment of district securities may be secured by the specific pledge of the proceeds of sales taxes or revenues, or both such taxes and revenues, of the district, as the board may determine. Revenues or sales taxes pledged for the payment of any securities, as received by the…

Colo. Rev. Stat. § 32-9-132 Ranking among different issues

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Except as otherwise provided in the authorizing resolution of the board, all securities of the same issue or series shall, subject to the prior rights of outstanding securities, claims, and other obligations, have a prior lien on the revenues pledged for the payment of the securi…

Colo. Rev. Stat. § 32-9-133 Ranking in same issue

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All securities of the same issue or series shall be equally and ratably secured without priority by a lien on the revenues of the district in accordance with the provisions of this article and the authorizing resolution, or other instrument relating thereto, except to the extent …

Colo. Rev. Stat. § 32-9-134 Payment recital in securities

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District securities issued under this article and constituting special obligations shall recite in substance that the securities and the interest thereon are payable solely from the revenues of the district or the sales tax proceeds of the district, or both, as the case may be, p…

Colo. Rev. Stat. § 32-9-135 Incontestable recital in securities

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Any authorizing resolution, or other instrument relating thereto under this article, may provide that each security therein designated shall recite that it is issued under authority of this article. Such recital shall conclusively impart full compliance with all the provisions of…

Colo. Rev. Stat. § 32-9-136 Limitation upon payment

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The payment of securities shall not be secured by any encumbrance, mortgage, or other pledge of property of the district, other than revenues, proceeds of sales taxes, or any other moneys pledged for the payment of the securities. No property of the district, subject to said exce…

Colo. Rev. Stat. § 32-9-137 Security details

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(1) Any district securities authorized to be issued in this article shall bear such date, shall be in such denomination, shall mature at such time, but in no event exceeding forty years from their date or any shorter limitation provided in this article, and shall bear interest at…

Colo. Rev. Stat. § 32-9-138 Negotiability

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Subject to the payment provisions specifically provided in this article, any district securities and any interest coupons thereto attached shall be fully negotiable within the meaning of and for all the purposes of article 8 of title 4, C.R.S., except as the board may otherwise p…

Colo. Rev. Stat. § 32-9-139 Single bonds

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(1) The board may: (a) Provide for the initial issuance of one or more securities, in this section called "bond", aggregating the amount of the entire issue, or a designated portion thereof; (b) Make such provision for installment payments of the principal amount of any such bond…

Colo. Rev. Stat. § 32-9-140 Sale of securities

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(1) Any securities authorized in this article, except for warrants not issued for cash, and except for temporary bonds issued pending preparation of definitive bonds, shall be sold at public or private sale for not less than the principal amount thereof and accrued interest, or a…

Colo. Rev. Stat. § 32-9-141 Application of proceeds

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All moneys received from the issuance of any securities authorized in this article shall be used solely for the purposes for which issued. Source: L. 69: p. 724, § 1. C.R.S. 1963: § 89-20-42.

Colo. Rev. Stat. § 32-9-142 Use of unexpended proceeds

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Any unexpended balance of such security proceeds remaining after the completion of the purposes for which such securities were issued shall be credited immediately to the fund or account created for the payment of the principal of said securities and shall be used therefor, subje…

Colo. Rev. Stat. § 32-9-143 Covenants in security proceedings

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Any resolution or trust indenture authorizing the issuance of securities or any other instrument relating thereto may contain covenants and other provisions limiting the exercise of powers conferred by this article upon the board in order to secure the payment of such securities,…

Colo. Rev. Stat. § 32-9-144 Remedies of security holders

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(1) Subject to contractual limitations binding upon the holders or owners of any issue or series of securities or trustee therefor and subject to any prior or superior rights of others, any holder or owner of securities or trustee therefor shall have the right and power for the e…

Colo. Rev. Stat. § 32-9-145 Limitations upon liabilities

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Neither the directors nor any person executing any district securities issued under this article shall be liable personally on the securities by reason of the issuance thereof. Securities issued pursuant to this article shall not in any way create or constitute any indebtedness, …

Colo. Rev. Stat. § 32-9-146 Interest after maturity

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No interest shall accrue on any security authorized in this article after it becomes due and payable if funds for the payment of the principal of and the interest on the security and any prior redemption premium due are available to a paying agent for such payment without default…

Colo. Rev. Stat. § 32-9-147 Refunding bonds

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(1) Except as otherwise provided in this article, any bonds issued under this article may be refunded without an election, subject to the provisions concerning their payment and to any other contractual limitations in the proceedings authorizing their issuance or otherwise relati…

Colo. Rev. Stat. § 32-9-148 Issuance of interim notes

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(1) Whenever a proposal to issue bonds for any purpose authorized in this article has been approved at an election held in accordance with this article, the district may borrow money without any other election in anticipation of sales taxes or of the receipt of the proceeds of sa…

Colo. Rev. Stat. § 32-9-149 Elections

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(1) Where in this article an election is permitted or required, the election shall be held concurrently or jointly with any general election held under the laws of this state or in accordance with article 41 of title 1, C.R.S., as applicable. (2) Repealed. Source: L. 69: p. 727, …

Colo. Rev. Stat. § 32-9-150 Election resolution

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(1) The board shall call any election by resolution adopted at least thirty days prior to the election. The resolution shall recite: (a) The objects and purposes of the election for which the indebtedness is proposed to be incurred; (b) The estimated cost; (c) How much, if any, o…

Colo. Rev. Stat. § 32-9-151 Conduct and costs of elections

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(1) Except as otherwise provided in this article, any district election shall be held and conducted in accordance with articles 1 to 13 of title 1, C.R.S. (2) The district shall reimburse each affected county for all true and actual costs of conducting a district election pursuan…

Colo. Rev. Stat. § 32-9-156 District - tax exempted

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The district shall be exempted from any general ad valorem taxes upon any property of the district acquired and used for purposes of this article. Source: L. 69: p. 730, § 1. C.R.S. 1963: § 89-20-57.

Colo. Rev. Stat. § 32-9-158 Merger, consolidation, or assumption of district

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Nothing in this article shall be construed to prevent the merger, consolidation, or assumption of the regional transportation district with, into, or by any other district, authority, or political subdivision of the state that may be authorized and formed pursuant to the laws and…

Colo. Rev. Stat. § 32-9-159 Freedom from judicial process

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(1) Execution or other judicial process shall not issue against any property of the district authorized in this article, nor shall any judgment against the district be a charge or lien upon its property. (2) Subsection (1) of this section does not apply to or limit the right of t…

Colo. Rev. Stat. § 32-9-160 Misdemeanors

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(1) Any person who wrongfully damages, injures, or destroys, or in any manner impairs the usefulness of any facility, property, structure, improvement, equipment, or other property of the district acquired under the provisions of this article 9, commits a class 2 misdemeanor. (2)…

Colo. Rev. Stat. § 32-9-161 Eminent domain

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(1) Subsequent to approval of incurrence of debt and issuance of securities in an election held pursuant to section 32-9-108, the power of eminent domain vested in the district shall include, but not be limited to, the power to condemn, in the name of the district: (a) Either the…

Colo. Rev. Stat. § 32-9-162 Money management

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The district has the authority to structure and transact its banking affairs in a manner most financially advantageous to the district, consistent with prevailing prudent business practice. The district may conduct its banking affairs with any banking or other state or federally …

Colo. Rev. Stat. § 32-9-163 Investment management

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(1) In addition to the authority granted the district under section 32-9-119 (1)(n), (1)(o), and (1)(p), the district may invest its moneys in any of the following: (a) Obligations of the United States government or its agencies and instrumentalities; (b) Certificates of deposit …

Colo. Rev. Stat. § 32-9-164 Custodians

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For purposes of making deposits or investments, the board may appoint, by written resolution, one or more persons to act as custodians of the moneys of the district, who shall give surety bonds in such amounts and form and for such purposes as the board requires. Source: L. 85: E…

Colo. Rev. Stat. § 32-9-165 Planning - ten-year plan - comprehensive operational analysis - accessible transportation service plan - reporting - funding study - transit-oriented community infrastructure - budget transparency and oversight

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(1) Ten-year strategic plan. (a) No later than September 30, 2026, the district shall create a ten-year strategic plan. The plan must: (I) In collaboration with local governments and the district subregional service councils, identify performance measures and targets for service,…

Colo. Rev. Stat. § 32-9-166 Information dashboards

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(1) The district shall create, maintain, and publish on its public website: (a) A public accountability dashboard that shows: (I) By transit route: (A) Data on ridership, including total ridership and weekend and weekday ridership; (B) On-time performance, including a clear defin…

Colo. Rev. Stat. § 32-9-167 Required policy updates - service policies and standards - equitable transit-oriented development policy - service buy-up policy - communication protocols - parking policies and strategies

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(1) On or before December 31, 2025, and every two years thereafter, the district shall update its service policies and standards to: (a) Define and map transit propensity based on population density, income, diversity, motor vehicle ownership, and other characteristics that influ…

Colo. Rev. Stat. § 32-9-168 EcoPass program - bulk purchasers - apartment building survey - report - definitions - repeal

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(1) As used in this section, unless the context otherwise requires: (a) "Bulk purchaser" means an entity that has a legal relationship with and that provides goods or services to a group of employees, residents, or members. "Bulk purchaser" includes, without limitation, an employ…

Colo. Rev. Stat. § 32-10-101 Short title

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This article shall be known and may be cited as the "Three Lakes Water and Sanitation District Act". Source: L. 71: p. 1002, § 1. C.R.S. 1963: § 89-24-1.

Colo. Rev. Stat. § 32-10-102 Legislative declaration

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(1) The general assembly determines, finds, and declares that: (a) Certain areas in this state possess natural characteristics which make them attractive for the building of seasonal homes and tourist facilities. There is an increasing need to build public facilities in such area…

Colo. Rev. Stat. § 32-10-104 Creation of district

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There is hereby created a district known and designated as the "three lakes water and sanitation district". Source: L. 71: p. 1004, § 1. C.R.S. 1963: § 89-24-4.

Colo. Rev. Stat. § 32-10-105 Boundaries of district

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The area comprising the district shall consist of the lands located in Grand county, described as follows: Beginning at the NE corner Section 1, T. 4 N., R. 76 W., of the 6th principal meridian; thence southerly along the east lines of Sections 1, 12, 13, 24, and 25, all in T. 4 …

Colo. Rev. Stat. § 32-10-180 Application of special district act

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On and after May 27, 1997, and except as provided in this article, the three lakes water and sanitation district shall be subject to the provisions of the "Special District Act", article 1 of this title. All actions taken by the district under this article prior to May 27, 1997, …

Colo. Rev. Stat. § 32-11-101 Short title

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This article shall be known and may be cited as the "Urban Drainage and Flood Control Act". Source: L. 69: p. 732, § 1. C.R.S. 1963: § 89-21-1.

Colo. Rev. Stat. § 32-11-102 Legislative declaration

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(1) The general assembly hereby determines, finds, and declares that: (a) All property to be acquired by the district under this article shall be owned, operated, administered, and maintained for and on behalf of all of the people of the district; (b) The creation of the district…

Colo. Rev. Stat. § 32-11-103 Public purpose

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The exercise of any power authorized in this article by the board on behalf of the district has been determined, and is declared to effect a public purpose; and any project authorized in this article shall effect a public purpose. Source: L. 69: p. 818, § 215. C.R.S. 1963: § 89-2…

Colo. Rev. Stat. § 32-11-104 Definitions

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As used in this article 11, unless the context otherwise requires: (1) "Acquisition" or "acquire" means the purchase, construction, reconstruction, lease, gift, transfer, assignment, option to purchase, other contract, grant from the federal government, any public body, or any ot…

Colo. Rev. Stat. § 32-11-105 Construction

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(1) This article, except where the context by clear implication otherwise requires, shall be construed as follows: (a) Sections, subsections, paragraphs, and subparagraphs mentioned by number, letter, or otherwise correspond to the respective articles, sections, subsections, para…