In addition to the powers which it may now have, any county without any election of the taxpaying or qualified electors thereof has the power under this article: To acquire by gift, purchase, lease, or exercise of the right of eminent domain, to construct, to reconstruct, to improve, to better, and to extend airport facilities, […]
The acquisition, construction, reconstruction, lease, improvement, or betterment of any airport or airport facilities, or both, and the issuance of bonds in anticipation of the collection of revenues of such facility to provide funds to pay the cost thereof may be authorized by a vote of a majority of the members of the board of […]
The board of county commissioners of any county is authorized to set aside a special sinking fund in the office of the county treasurer for the payment of revenue bonds authorized by and issued under the provisions of this article and for the payment of interest due on such bonds, but the general income of […]
The bonds and any coupons bearing the signatures of county commissioners in office on the date of the signing thereof shall be valid and binding obligations of the county, notwithstanding that, before the delivery thereof and payment thereof, any of the persons whose signatures appear thereon have ceased to be county commissioners of the county […]
The bonds and the income therefrom shall be exempt from taxation, except inheritance, estate, and transfer taxes. Source: L. 65: p. 470, § 1. C.R.S. 1963: § 36-21-5. Cross references: For the taxation of bonds issued pursuant to the “Public Airport Authority Act”, see § 41-3-107.
Any holder of any issue of bonds or any holder of bonds, subject to any contractual limitations therein, and for the equal benefit and protection of all holders of bonds similarly situated, has the following rights and powers: By mandamus or other suit, action, or proceeding at law or in equity, to enforce his and […]
The powers conferred by this article shall be in addition and supplemental to, and not in substitution for, any other law, and the limitations imposed by this article shall not affect any powers conferred by any other such law. Bonds may be issued under this article without regard to the provisions of any other law. […]
Revenue bonds issued pursuant to the provisions of this article may be refunded in the manner provided by the “Refunding Revenue Securities Law”, as set forth in article 54 of title 11, C.R.S. Source: L. 65: p. 471, § 1. C.R.S. 1963: § 36-21-8.
Any resolution authorizing any bonds under this article may provide that each bond therein authorized shall recite that it is issued under authority of this article. Such recital shall conclusively impart full compliance with all of the provisions of this article, and all bonds issued containing such recital shall be incontestable for any cause whatsoever […]
