§ 25-29-124. Exemption From Property Taxation
The authority shall be exempt from any general ad valorem taxes upon any property of the authority acquired and used for its public purposes. The authority may enter into agreements to pay annual sums in lieu of taxes to any county, municipality, or other taxing entity with respect to any real property which is owned […]
§ 25-29-125. General Assembly Retains Authority to Enact Laws Governing Denver Health and Hospital Authority
The general assembly expressly reserves its plenary legislative authority relating to the Denver health and hospital authority, including but not limited to the authority to enact laws relating thereto. Nothing in this part 5 or part 6 of this article or in section 11 of article II of the state constitution or in section 10 […]
§ 25-29-126. Severability
Any provision of this article declared to be unconstitutional or otherwise invalid shall not impair the remaining provisions of this article. Source: L. 94: Entire article added, p. 670, § 1, effective April 19.
§ 25-29-118. Nonliability of State for Bonds
Neither the state of Colorado nor the city shall be liable for bonds of the authority, and such bonds shall not constitute a debt of the state or the city. The bonds shall contain on the face thereof a statement to such effect. Source: L. 94: Entire article added, p. 668, § 1, effective April […]
§ 25-29-119. Members of Authority Not Personally Liable on Bonds
Neither the members of the board of directors nor any authorized person executing bonds issued pursuant to this article shall be personally liable for such bonds by reason of the execution or issuance thereof. Source: L. 94: Entire article added, p. 668, § 1, effective April 19.
§ 25-29-104. Mission of Authority – Action of Board of Directors
The mission of the authority is to: Provide access to quality preventive, acute, and chronic health care for all the citizens of Denver regardless of ability to pay; Provide high quality emergency medical services to Denver and the Rocky Mountain region; Fulfill public health functions in accordance with the agreement entered into with the city […]
§ 25-29-120. Annual Report
The authority shall submit to the mayor of the city within six months after the end of the fiscal year a report which shall set forth a complete and detailed operating and financial statement of the authority during such year. Also included in the report shall be any recommendations with reference to additional legislation or […]
§ 25-29-105. Transfer of Health System Assets and Liabilities to Authority
The authority is authorized to enter into agreements with the city for the purpose of leasing, conveying, or otherwise acquiring Denver’s health system assets. Any such lease, conveyance, transfer, or other agreement to acquire such assets shall be on such terms as may be agreed upon by the parties and shall include consideration of the […]
§ 25-29-121. Powers of Authority – Investments
The authority has the power: To invest any funds not required for immediate disbursement in property or in securities which meet the standard for investments established in section 15-1-304, C.R.S., provided such investment assists the authority in carrying out its public purposes; and to sell from time to time such securities thus purchased and held; […]
§ 25-29-106. Relationship Between Authority and City and County of Denver
On and after the transfer date, except for the power of the city and the mayor to appoint and remove members of the authority’s board of directors, the city shall have no further control over the operation of the health system. The authority may enter into any agreement with the city including but not limited […]