§ 30-20-1304. Power to Create Federal Mineral Lease Districts
Except as otherwise provided in this part 13, any county may create a district, so long as the district is created through a resolution adopted as specified in subsection (2) of this section no later than June 30, 2011, and each June 1 of every year thereafter. A board of county commissioners shall create a […]
§ 30-20-1305.5. Powers of a District
Each district formed pursuant to this part 13 is an independent public body politic and corporate. Each district is a public instrumentality, and its exercise of the powers specified in this part 13 are deemed and held to be the performance of an essential public function. A district is not an agency of county or […]
§ 30-20-1306. Board of Directors – Appointment or Election – Removal
Except as provided in subparagraph (II) of this paragraph (a), immediately after the creation of a district, the board of county commissioners of the county shall, by majority vote, appoint a board of directors for the district. The number of directors on the board shall be as set forth in the resolution creating the district. […]
§ 30-20-1307. Board of Directors – Powers and Duties
Except as otherwise provided in subsection (1)(b) of this section, the board of directors of a district shall distribute all of the funding the district receives from the department of local affairs to areas that are socially or economically impacted, either directly or indirectly, by the development, processing, or energy conversion of fuels and minerals […]
§ 30-20-1301. Short Title
This part 13 shall be known and may be cited as the “Federal Mineral Lease District Act”. Source: L. 2011: Entire part added, (HB 11-1218), ch. 169, p. 580, § 1, effective May 9.
§ 30-20-1302. Legislative Declaration
The general assembly hereby finds, determines, and declares that it is committed to making sure that all available funding received from federal mineral leasing and distributed as specified in section 34-63-102 (5.4)(c), C.R.S., is used to alleviate social, economic, and public finance impacts resulting from the development of natural resources in this state, subject to […]
§ 30-20-1303. Definitions
As used in this part 13, unless the context otherwise requires: “County” means a home rule or statutory county in this state and includes a city and county. (1.5) “Distribute” means to grant, loan, commit, or otherwise expend available funding to achieve the purposes of the district consistent with this part 13. “District” means a […]