The general assembly hereby ratifies the compact designated as the “Cumbres and Toltec Scenic Railroad Compact” signed at the city and county of Denver, state of Colorado, on the 26th day of December, A.D. 1974, by John D. Vanderhoof, as governor of the state of Colorado, under authority of and in conformity with the provisions […]
It is hereby recognized, found, and determined that said compact creates an interstate agency known as the Cumbres and Toltec scenic railroad commission, an independent entity whose members and employees are not officers and employees of either of the states signatory to the compact. Source: L. 77: Entire part added, p. 1239, § 1, effective […]
After said compact becomes effective, the two Colorado members of the four-member Cumbres and Toltec scenic railroad commission shall be appointed by the governor and shall serve until revocation of their appointment by the governor, and, on behalf of the Cumbres and Toltec scenic railroad commission, the state of Colorado shall pay the necessary expenses […]
The Colorado share of the expenses of the Cumbres and Toltec scenic railroad commission and the expenses and compensation of the Colorado members shall be paid out of funds appropriated by the general assembly. Source: L. 77: Entire part added, p. 1240, § 1, effective July 1.
No person appointed as a Colorado member of the Cumbres and Toltec scenic railroad commission pursuant to section 24-60-1903 shall be liable for any civil damages for acts or omissions in good faith occurring or carried out during the performance of his duties. Source: L. 78: Entire section added, p. 402, § 1, effective April […]
The Cumbres and Toltec scenic railroad commission may borrow money for the following purposes: To make emergency repairs, replacements, or additions to the railroad or to any equipment or facilities related to the operation of the railroad; and To make capital expenditures for the development or improvement of the railroad. (2) The Cumbres and Toltec […]
The Cumbres and Toltec scenic railroad commission may establish user fees to be charged to passengers on the railroad. The fee schedule may provide for different fees for different classes of passengers. All railroad fees collected pursuant to subsection (1) of this section shall be deposited into a railroad loan retirement fund, which fund shall […]
Any interest charged and collected by a financial institution on any loan made to the Cumbres and Toltec scenic railroad commission is exempt from all taxes imposed by the state and its political subdivisions. Source: L. 90: Entire section added, p. 1259, § 1, effective July 1.
