0 chapters · 923 sections in this title.
Colo. Rev. Stat. § 31-25-803 Powers of governing body
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The governing body of every municipality in this state may create and establish a downtown development authority, pursuant to the provisions of this part 8, which authority shall have all the powers provided in this part 8 that are authorized by the ordinance, or any amendment th…
Colo. Rev. Stat. § 31-25-804 Organizational procedure - election
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(1) When the governing body of a municipality determines it is necessary to establish a downtown development authority for the public health, safety, prosperity, security, and welfare and to carry out the purposes of an authority as stated in section 31-25-801, it shall by ordina…
Colo. Rev. Stat. § 31-25-805 Board - membership - term of office
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(1) The affairs of the authority shall be under the direct supervision and control of a board consisting of not less than five nor more than eleven members appointed by the governing body; except that for any twenty-year extension period pursuant to section 31-25-807 (3)(a)(V), t…
Colo. Rev. Stat. § 31-25-807 Powers - duties
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(1) The board, subject to the provisions of this part 8 and subject to other applicable provisions of law, shall have all powers customarily vested in the board of directors of a corporation. It shall exercise supervisory control over the activities of the director and the staff …
Colo. Rev. Stat. § 31-25-808 Additional and supplemental powers
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(1) In addition and supplemental to the other powers granted by this part 8, the authority shall have all powers, except as limited in the ordinance or any amendments thereto, establishing such authority, necessary or convenient to carry out and effectuate the purposes and provis…
Colo. Rev. Stat. § 31-25-809 Authorization of bonds
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(1) By ordinance adopted by the governing body at a regular or special meeting, by a vote of a majority of the members of the governing body, the municipality may issue bonds, payable solely from revenues or from taxes pledged pursuant to section 31-25-807 (3)(b) or from both suc…
Colo. Rev. Stat. § 31-25-810 Bond provisions
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(1) Bonds issued pursuant to this part 8 shall bear interest at a rate such that the net effective interest rate of the issue of bonds does not exceed the maximum net effective interest rate authorized, payable semiannually or annually, and evidenced by one or two sets of coupons…
Colo. Rev. Stat. § 31-25-811 Refunding bonds
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(1) By ordinance adopted by the governing body at a regular or special meeting, by vote of a majority of the members of the governing body, any bonds issued under this part 8 may be refunded by the municipality without an election, subject to the provisions concerning their payme…
Colo. Rev. Stat. § 31-25-812 Tax exemption
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The bonds and the income therefrom shall be exempt from taxation, except inheritance, estate, and transfer taxes. Source: L. 76: Entire part added, p. 708, � 1, effective April 26.
Colo. Rev. Stat. § 31-25-813 No municipal liability on bonds
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Bonds issued pursuant to this part 8 shall not constitute an indebtedness of the municipality within the meaning of any constitutional or statutory limitations. Each bond issued pursuant to this part 8 shall recite in substance that said bond, including interest thereon, is payab…
Colo. Rev. Stat. § 31-25-813.5 Limitation of actions
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After the expiration of thirty days from the effective date of any ordinance or resolution authorizing the issuance of bonds pursuant to this part 8, all actions or suits attacking its findings, determinations, or contents or challenging the validity of the bonds shall be perpetu…
Colo. Rev. Stat. § 31-25-814 Remedies of bondholders
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(1) Subject to any contractual limitations binding upon the holders of any issue of bonds or trustee therefor, including but not limited to the restriction of the exercise of any remedy to a specified proportion or percentage of such holders, any holder of bonds or trustee theref…
Colo. Rev. Stat. § 31-25-815 Employees - duties - compensation
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(1) The board shall employ and fix the compensation, subject to the approval of the governing body, of the following, who shall serve at the pleasure of the board: (a) A director, who shall be a person of good moral character and possessed of a reputation for integrity, responsib…
Colo. Rev. Stat. § 31-25-816 Funding - budget
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(1) The authority shall adopt a budget for each fiscal year, shall maintain accounts, and shall cause an annual audit to be made pertaining to the fiscal affairs of the authority. Administrative review of the proposed budget shall be in accordance with the policies of each munici…
Colo. Rev. Stat. § 31-25-817 Ad valorem tax
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The governing body may impose and levy an ad valorem tax on all real and personal property in the downtown development district not exceeding five mills on the valuation for assessment of such property for the purposes set forth in section 31-25-807, nondebt funded expenditures a…
Colo. Rev. Stat. § 31-25-818 Assessments
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The governing body shall have the power to assess against the funds of the authority for the use and benefit of the general fund of the municipality a reasonable pro rata share of such funds for the cost of handling and auditing, which assessment when made shall be paid annually …
Colo. Rev. Stat. § 31-25-819 Conflict of interest
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No board member nor any employee of the board shall vote or otherwise participate in any matter in which he has a specific financial interest, defined as a matter in which the member or employee would receive a benefit or incur a cost substantially greater than other property own…
Colo. Rev. Stat. § 31-25-820 Construction
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All powers conferred upon municipalities by this part 8 are and shall be cumulative and in addition to those conferred by any other general or special law or municipal charter or ordinance and shall be liberally construed to effectuate the purposes of this part 8. This part 8 is …
Colo. Rev. Stat. § 31-25-821 Property subject to debt
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Subject to section 31-25-807, all real and personal property located within the district shall continue to be subject to ad valorem taxes levied by the municipality to pay the principal and interest on all existing general obligation debts of the municipality and any future debts…
Colo. Rev. Stat. § 31-25-822 Inclusion of additional property
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Subsequent to the organization of an authority, additional property may be included in the district. Proceedings for inclusion shall be initiated by petition to the board of the authority signed by the owner or owners in fee of each parcel of land adjacent to the existing distric…
Colo. Rev. Stat. § 31-25-901 Legislative declaration
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(1) The general assembly hereby declares that decreasing supplies of energy resources and the increasing cost thereof is causing severe financial burdens and constitutes a threat to the health and welfare of the citizens of this state and that it is in the public interest that th…
Colo. Rev. Stat. § 31-25-901.5 Definitions
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As used in this part 9, unless the context otherwise requires: (1) Authority means a municipal energy finance authority formed pursuant to this part 9. (2) Board means the board of an authority. (3) Governing body means the governing board of any municipality. (4) Unconventional …
Colo. Rev. Stat. § 31-25-903 Formation of authority by municipality
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The governing body of a municipality may create and establish an authority by the passage of an ordinance therefor. The authority shall have all the powers provided in this part 9 that are authorized by the ordinance, or any amendment thereto, authorizing such authority. When est…
Colo. Rev. Stat. § 31-25-904 Board - membership - term of office
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(1) The affairs of the authority shall be under the direct supervision and control of a board consisting of five members appointed by the governing body. (2) The board shall be constituted as follows: (a) At least one member shall be a member of the governing body, appointed to s…
Colo. Rev. Stat. § 31-25-906 Powers - duties of board
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(1) Subject to the provisions of this part 9 and subject to other applicable provisions of law, the board shall have all powers customarily vested in the board of directors of a corporation. It shall appoint a director, who shall recommend the hiring of such staff as may be requi…
Colo. Rev. Stat. § 31-25-907 Powers of authority to effect purposes specified
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(1) To accomplish the purposes specified in sections 31-25-901 and 31-25-902, authorities are granted the following additional powers: (a) To acquire, hold, use, transfer, and convey any real property or any interest therein, in fee or a leasehold interest, for purposes of initia…
Colo. Rev. Stat. § 31-25-908 Provisions relating to revenue bonds
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(1) Revenue bonds issued by the authority shall be issued in the manner provided in part 4 of article 35 of this title for the issuance of revenue bonds by municipalities; except that such revenue bonds may be sold in one or more series at par, or below or above par, at public or…
Colo. Rev. Stat. § 31-25-909 Contracts with federal government
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(1) In addition to the powers conferred upon the authority by section 31-25-907, the authority, with regard to its relations with the federal government, is empowered: (a) To borrow money from the federal government to finance any project and to borrow from private sources when s…
Colo. Rev. Stat. § 31-25-910 Colorado energy research institute - report. (Repealed)
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Source: L. 80: Entire part added, p. 662, � 1, effective July 1. Editor's note: Subsection (2) provided for the repeal of this section, effective July 1, 1985. (See L. 80, p. 662.)
Colo. Rev. Stat. § 31-30-101 Authority to provide for classified departments
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The governing body of any city or town may provide by ordinance for a paid fire department, a paid police department, or a paid street department or all of same and may fix, define, and classify the various grades of employment in such departments, which grades and classification…
Colo. Rev. Stat. § 31-30-102 Civil service commission - withdrawal
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The governing body of any city or town in the state maintaining a paid police department, a paid fire department, or a paid street department may establish a commission which shall be known as the city (town) of .... fire and police and street department civil service commission.…
Colo. Rev. Stat. § 31-30-103 Purpose
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It is the intent of this part 1 to enable the governing body of any city or town within this state to adopt by ordinance such civil service system for fire, police, or street departments as may be adaptable to the size and type of city or town involved and consist of a comprehens…
Colo. Rev. Stat. § 31-30-104 Contract for conducting examination
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The governing body of any city or town may contract with the governing body of any municipality or county within this state or with any department of the state for the conducting of competitive examinations to ascertain the fitness of applicants for positions and employment in th…
Colo. Rev. Stat. § 31-30-105 Ordinance - violation
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(1) Any ordinance adopted by the governing body of any city or town under the provisions of this part 1 shall include the following provisions and penalty for violation thereof: No person holding an office or place in a fire, police, or street department placed by the governing b…
Colo. Rev. Stat. § 31-30-108 Peace officer hiring - required use of waiver - definitions
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(1) A municipal police department or town marshal's office shall require each candidate that it interviews for a peace officer position who has been employed by another law enforcement agency or governmental agency to execute a written waiver that explicitly authorizes each law e…
Colo. Rev. Stat. § 31-30-1101 Short title
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This part 11 shall be known and may be cited as the Volunteer Firefighter Pension Act. Source: L. 95: Entire part added, p. 1364, � 2, effective June 5.
Colo. Rev. Stat. § 31-30-1102 Definitions
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As used in this part 11, unless the context otherwise requires: (1) Board means the board of trustees of the volunteer firefighter pension fund that is created in a municipality or district under this part 11. (2) District means a fire protection district or county improvement di…
Colo. Rev. Stat. § 31-30-1103 Board of trustees - fund
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(1) In any municipality or district that maintains a regularly organized volunteer fire department, there is created a board of trustees of the volunteer firefighter pension fund. The board: (a) Shall manage, use, and disburse moneys in the fund according to its rules and bylaws …
Colo. Rev. Stat. § 31-30-1104 Board - municipality
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(1) In a municipality, the board must consist of the following members: (a) The mayor for a term equal to the mayor's tenure as mayor; (b) The municipal treasurer or finance officer for a term equal to the treasurer's or finance officer's tenure with the municipality; (c) Two oth…
Colo. Rev. Stat. § 31-30-1105 Board - fire protection district
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(1) In a fire protection district, the board must consist of the following members: (a) The board of directors of the fire protection district for terms equal to their tenure on the fire protection district board; (b) The treasurer of the board of the fire protection district who…
Colo. Rev. Stat. § 31-30-1106 Board - county improvement district
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(1) In a county improvement district, the board must consist of the following members: (a) One county commissioner of the county in which the district is located for a term equal to the commissioner's tenure as county commissioner; (b) The county treasurer for a term equal to the…
Colo. Rev. Stat. § 31-30-1107 Board - consolidation or merger
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(1) If a municipality or district merges or consolidates with one or more municipalities or districts, the former trustees of the various volunteer firefighter pension funds of the consolidated or merged municipalities or districts shall: (a) Elect seven persons from their member…
Colo. Rev. Stat. § 31-30-1108 Board powers and duties
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(1) A board created by this part 11 to control a fund: (a) Shall adopt necessary rules that are not inconsistent with this part 11 for the management and discharge of its duties, for its own government and procedure, and for the preservation and protection of the fund; (b) Shall …
Colo. Rev. Stat. § 31-30-1109 Attorney representation
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(1) The attorney for a municipality or district shall: (a) When required by the board, advise the board on all matters pertaining to the board's duties and management of the fund; (b) Represent and defend the board in any suit or action at law or in equity brought against the boa…
Colo. Rev. Stat. § 31-30-1110 Property tax - other tax revenue
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(1) The governing body of a municipality with a population of less than one hundred thousand, the board of directors of each fire protection district, the board of county commissioners, or the board of a county improvement district may levy and set apart a tax for each year of no…
Colo. Rev. Stat. § 31-30-1111 Contribution to fund
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(1) In addition to any tax revenues contributed under section 31-30-1110, the fund also consists of any: (a) Moneys given to the board or fund by a person for the use and purpose for which the fund is created. The board may take any money, personal property, or real estate, or in…
Colo. Rev. Stat. § 31-30-1112 State contributions - intent
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(1) (a) Repealed. (b) On and after July 1, 2004, the state treasurer shall transfer moneys to the department of local affairs for distribution as provided in this section to assist in funding volunteer firefighter pension plans. The department of local affairs shall distribute mo…
Colo. Rev. Stat. § 31-30-1113 Fund investments
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(1) The board may invest all or any part of fund moneys in the name of the board's treasurer or in the name of a custodian or custodians appointed by the board under this section in interest-bearing obligations of the United States, in interest-bearing bonds of this state, in gen…
Colo. Rev. Stat. § 31-30-1114 Fund investment in insurance
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(1) Except as provided in subsection (2) of this section and with the concurrence of sixty-five percent of the fire department members voting thereon and sixty-five percent of the retired fire department members voting thereon, the board may: (a) Insure the fire department member…
Colo. Rev. Stat. § 31-30-1115 Warrants
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(1) Officers of the municipality or district who are designated by law to draw warrants on the treasurer of the municipality or district shall draw warrants thereon upon orders by the board, payable to the board's treasurer for moneys belonging to the fund. (2) Except as provided…