The board may authorize and issue revenue bonds to finance additional facilities for the board and the Colorado state fair and industrial exposition. Such revenue bonds shall be authorized and issued only by resolution of the board, which resolution shall conform to the requirements of section 35-65-302. Such bonds may be issued only after approval […]
Any resolution authorizing the issuance of bonds under the terms of this part 3 shall: State the date of issuance of the bonds; State a maturity date or dates during a period not to exceed thirty years from the date of issuance of the bonds; State the interest rate or rates on, and the denomination […]
Any bonds issued pursuant to the terms of this part 3 may be sold at public or private sale. If bonds are to be sold at a public sale, the board shall advertise the sale in such manner as the board deems appropriate. Each bond issued pursuant to the terms of this section shall be […]
Notwithstanding any provisions of the law to the contrary, all bonds issued pursuant to this part 3 are negotiable. Source: L. 75: Entire part added, p. 1354, § 1, effective July 14.
The board, in connection with the issuance of bonds and in order to secure the payment of the bonds and the interest thereon, has the power, by resolution: To provide that the bonds issued under this part 3 shall be payable from and may be secured by a pledge of and lien on any or […]
A resolution pertaining to issuance of bonds under this part 3 may contain covenants as to: The purpose to which the proceeds of sale of the bonds may be applied and to the use and disposition thereof; The use and disposition of the revenues of the project for which the bonds are to be issued; […]
Bonds issued under this part 3 and bearing the signatures of officers in office on the date of the signing thereof shall be valid and binding obligations, notwithstanding that, before the delivery thereof and payment therefor, any or all of the persons whose signatures appear thereon have ceased to be officers of the board. The […]
Except as otherwise provided in the resolution authorizing the bonds, all bonds of the same issue under this part 3 shall have a prior and paramount lien on the net revenues of the additional facilities acquired or provided pursuant to this part 3 for which the bonds have been issued and contributions from nonstate sources […]
On June 30, 1997, any bonds issued pursuant to this part 3 shall become an obligation of the Colorado state fair authority to the same extent that they were an obligation of the board of commissioners of the Colorado state fair authority before said date. Source: L. 97: Entire section added, p. 819, § 13, […]
