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§ 23-71-701. Short Title

This part 7 shall be known and may be cited as the “Local District College Revenue Securities Law”. Source: L. 75: Entire article added, p. 781, § 1, effective July 1.

§ 23-76-104. Student Teachers in Rural Areas – Financial Incentives

Subject to available appropriations, the department of higher education shall provide financial stipends annually, not to exceed four thousand dollars per student, to offset tuition costs for individuals in approved educator preparation programs who agree to student teach in a rural school or rural school district of the student teacher’s choice. The financial stipends awarded […]

§ 23-71-702. Definitions

As used in this part 7, unless the context otherwise requires: “Committee” means the governing body of a district or any successor governing body of the district. “District” means any local college district operating pursuant to the laws of this state. “Facilities” means buildings, structures, or other income-producing facilities from the operation of which or […]

§ 23-76-105. Teacher Cadet Program

On or before July 1, 2017, the department of higher education shall establish teacher cadet programs in identified rural schools and school districts. Money may be provided to local school districts, charter schools, or the charter school institute, any of which may contract with a board of cooperative services, to identify and support high school […]

§ 23-71-703. Power to Issue Securities

The committee of any district, pursuant to authorizing resolution and subject to the provisions and contractual limitations in resolutions authorizing outstanding revenue bonds and other securities of the district, may issue, without an election, securities to defray, in whole or in part, the cost of a project in the manner provided in and subject to […]

§ 23-71-704. Interim Securities

The committee may issue interim securities, which may be designated “bonds”, “notes”, or “warrants”, evidencing any emergency loans, construction loans, and other temporary loans of not exceeding three years, in supplementation of long-term financing, such interim securities to be funded with the proceeds of long-term securities, net pledged revenues, or further interim securities, or any […]

§ 23-71-705. Terms of Securities

Except to the extent inconsistent with this part 7, any securities issued under this part 7 for any project shall be issued in the form and manner and with the effect provided in sections 11-54-111 and 11-54-112, C.R.S., for public securities issued under the “Refunding Revenue Securities Law”. The authorizing resolution, trust indenture, or other […]

§ 23-71-706. Payable From Special Fund

The securities shall be payable and collectible, as to principal, interest, and any prior redemption premium, solely out of net pledged revenues; the holder thereof may not look to any general or other fund for such payment of such securities, except the net revenues pledged therefor; the securities shall not constitute an indebtedness or a […]

§ 23-71-707. Recital of Regularity

A resolution providing for the issuance of bonds or other securities under this part 7 or an indenture or other proceedings appertaining thereto may provide that the securities contain a recital that they are issued pursuant to this part 7, which recital shall be conclusive evidence of their validity and the regularity of their issuance. […]

§ 23-71-602. Refunding Bonds May Be Issued

Any district in this state may issue negotiable coupon bonds to be denominated refunding bonds for the purpose of refunding any of the bonded indebtedness of such district, whether said indebtedness is due or not due or has or may hereafter become payable or redeemable at the option of such district, or by consent of […]