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§ 32-1-1807. Supplemental Provisions

The governing body of an agency may establish supplemental provisions that are designed to implement the provisions of this part 18. Source: L. 2007: Entire part added, p. 1822, § 4, effective August 3.

§ 32-1-1405. Powers Not Limited by This Part 14

The enumeration of powers in this part 14 shall not exclude powers not mentioned and elsewhere conferred which may be necessary for or incidental to the accomplishment of the purposes of this part 14 and the consummation of a plan approved as provided in this part 14. Source: L. 90: Entire part added, p. 1509, […]

§ 32-1-1406. Validation of Bankruptcy Filings and Approvals

The filing of a petition or a plan under the federal bankruptcy law by an insolvent taxing district prior to May 24, 1990, the approval of the plan of an insolvent taxing district prior to May 24, 1990, and any proceedings related to any such filing or approval are hereby validated. Source: L. 90: Entire […]

§ 32-1-1601. Legislative Declaration

The general assembly hereby finds and declares that special districts are political subdivisions and instrumentalities of the state of Colorado and local governments thereof. The general assembly further finds that defaults in payment of general obligation debts and the possibility of further defaults by some special districts have resulted in a general loss of confidence […]

§ 32-1-1602. Definitions

As used in this part 16, unless the context otherwise requires: “General obligation debt” means an obligation of a special district created by a resolution of the special district authorizing the issuance of bonds or a contract, the obligations of which are backed by a pledge of the full faith and credit of the special […]

§ 32-1-1603. Separate Mill Levies – Certification to County Commissioners

After July 1, 1992, special districts which levy taxes for payment of general obligation debt shall certify separate mill levies to the board of county commissioners, one each for funding requirements of each such debt in accordance with the relevant contracts or bond resolutions which identifies each bond issue by series, date, coupon rate, and […]

§ 32-1-1604. Recording

Whenever a special district authorizes or incurs a general obligation debt, a notice of such action and a description of such debt in a form prescribed by the director of the division of local government in the department of local affairs shall be recorded by the special district with the county clerk and recorder in […]