C.R.S. Section 29-4-503
Creation of housing authority


(1)

Any twenty-five residents of the county may file a petition with the clerk of the board of county commissioners setting forth that there is a need for an authority to function in the county. Upon the filing of such petition, the clerk of the board shall give notice of the time, place, and purpose of a public hearing at which the board will determine the need for such an authority in the county. Such notice shall be given at the county’s expense by publishing a notice at least ten days preceding the day on which the hearing is to be held in a newspaper having a general circulation in the county or, if there is no newspaper, by posting such notice in at least three public places within the county at least ten days preceding the day on which the hearing is to be held.

(2)

Upon the date fixed for said hearing, held upon notice as provided in this section, a full opportunity to be heard shall be granted to all residents and taxpayers of the county and to all other interested persons. After such a hearing, the board shall determine whether there is a shortage of decent, safe, and sanitary dwelling accommodations in the county available to persons engaged in agricultural work, their families, and other low income families. If the board determines that such condition of shortage exists, the board shall adopt a resolution so finding and shall cause notice of such determination to be given to the chairman of the board, who shall thereupon appoint commissioners, as provided in either subsection (2) or (3) of section 29-4-504, to act as an authority. A certificate signed by such commissioners so appointed by the chairman of the board shall then be filed with the division of local government in the department of local affairs, and there remain of record, setting forth that a notice has been given and a public hearing has been held as aforesaid; that the board made a determination of such shortage after such hearing; and that the chairman of the board has appointed them as commissioners to act as an authority. Upon the filing of such certificate with said division, the commissioners and their successors shall constitute a housing authority, which shall be a body corporate and politic.

(3)

If the board, after a hearing, determines that there is not a shortage of decent, safe, and sanitary dwelling accommodations in the county available to persons engaged in agricultural work, to their families, and to other families of low income, it shall adopt a resolution denying the petition. After three months have expired from the denial of the petition, subsequent petitions may be filed and new hearings and determinations made thereon.

(4)

In any suit, action, or proceeding involving the validity or enforcement of any contract, mortgage, trust indenture, or other agreement of the authority or involving any action taken by the authority, the authority shall be conclusively deemed to have been established in accordance with the provisions of this part 5 upon proof of the filing of the aforesaid certificate. A copy of such certificate, duly certified by the director of the division of local government, shall be admissible in evidence in any such suit, action, or proceeding and shall be conclusive proof of the filing and the contents thereof.

(5)

If the board of county commissioners denies any petition filed for the creation of a housing authority in accordance with the provisions of subsection (3) of this section and the residents of such county determine that there is in fact a shortage of decent, safe, and sanitary dwelling accommodations in the county, a petition may be filed with the board requesting that the question of the approval or disapproval of creating a housing authority be submitted to a vote of the qualified electors of such county. If the petition, which may consist of one or more separate copies, contains the signatures and residence addresses of qualified electors of such county equal in number to not less than five percent of the votes cast for governor or for president and vice president of the United States at the last preceding general election held within such county, the board shall cause the question of the creation of a housing authority to be submitted at the next general election. All registered electors within the county shall be eligible to vote on the question, which shall be conducted, insofar as possible, in accordance with the provisions of sections 29-4-604 to 29-4-607; except that the question to be voted on shall be the creation of a housing authority, and the provisions of the “Uniform Election Code of 1992” shall apply.

Source: Section 29-4-503 — Creation of housing authority, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-29.­pdf (accessed Oct. 20, 2023).

29‑4‑101
Short title
29‑4‑102
Legislative declaration
29‑4‑103
Definitions
29‑4‑104
Powers of cities to undertake projects
29‑4‑105
Eminent domain
29‑4‑106
Acquisition of land for government
29‑4‑107
Management of housing projects
29‑4‑108
Moneys of city
29‑4‑109
Construction contracts and costs
29‑4‑110
Bonds secured by taxes - maturity
29‑4‑111
Bonds not secured by taxes authorized by resolution
29‑4‑112
Tax resolution - payment of bonds
29‑4‑113
Form of bonds - rate of interest
29‑4‑114
Provisions of bonds, mortgages, or trust indentures
29‑4‑115
Mortgage when financed by government
29‑4‑116
Remedies of an obligee of city
29‑4‑117
Additional remedies
29‑4‑118
Remedies cumulative
29‑4‑119
Limitations on remedies of obligee
29‑4‑120
Foreclosure sale subject to government agreement
29‑4‑121
Action by resolution
29‑4‑122
Tax exemptions
29‑4‑123
Supplemental nature of article
29‑4‑201
Short title
29‑4‑202
Legislative declaration
29‑4‑203
Definitions
29‑4‑204
Petition for creation of authority - notice - hearing
29‑4‑205
Appointment of commissioners
29‑4‑206
Duty of the authority and commissioners
29‑4‑207
Interested commissioners or employees
29‑4‑208
Removal of commissioners
29‑4‑209
Powers of authority
29‑4‑210
Rentals and tenant selection
29‑4‑211
Eminent domain
29‑4‑212
Acquisition of land for government
29‑4‑213
Zoning and building laws
29‑4‑214
Types of bonds
29‑4‑215
Form of bonds
29‑4‑216
Provisions of bond or mortgage
29‑4‑217
Power to mortgage - when
29‑4‑218
Remedies of an obligee of authority
29‑4‑219
Additional remedies
29‑4‑220
Remedies cumulative
29‑4‑221
Limitations on remedies of obligee
29‑4‑222
Sale subject to government agreement
29‑4‑223
Contracts with federal government
29‑4‑224
Wage and labor conditions
29‑4‑225
Insurance
29‑4‑226
Exemption from special assessments
29‑4‑227
Tax exemptions
29‑4‑228
Reports
29‑4‑229
Low rentals
29‑4‑230
Previous housing authorities validated
29‑4‑231
Contracts and undertakings validated
29‑4‑232
Notes and bonds validated
29‑4‑301
Short title
29‑4‑302
Legislative declaration
29‑4‑303
Definitions
29‑4‑304
Preparation of development plan
29‑4‑305
Assistance in preparation of plan
29‑4‑306
Action on setting up of authority
29‑4‑307
Additional powers of authority
29‑4‑308
Organization of authority
29‑4‑309
Condemnation for a superior use
29‑4‑310
Area not wholly in one municipality
29‑4‑311
Termination of an authority
29‑4‑312
Appropriations by municipality
29‑4‑313
Taxation
29‑4‑314
Supervision of reconstruction agency
29‑4‑401
Existing statutes no bar to creation of housing authority
29‑4‑402
Cities and towns empowered to create housing authorities
29‑4‑501
Legislative declaration
29‑4‑502
Definitions
29‑4‑503
Creation of housing authority
29‑4‑504
Appointment of commissioners
29‑4‑505
Powers of authority
29‑4‑506
Policy of authority
29‑4‑507
Exemption from special assessments - tax exemptions
29‑4‑508
Boundaries of authority
29‑4‑509
Conformity with building laws
29‑4‑601
Applicability of part 6
29‑4‑602
Posting and publication of notice - petition
29‑4‑603
Cooperative agreement - costs of election
29‑4‑604
Election - resolution
29‑4‑605
Notice of election
29‑4‑606
Conduct of election
29‑4‑607
Count of ballots - canvass - results of election
29‑4‑701
Short title
29‑4‑702
Legislative declaration
29‑4‑703
Definitions - rules
29‑4‑704
Colorado housing and finance authority
29‑4‑704.5
Reference in contracts and documents
29‑4‑705
Records of board
29‑4‑706
Meetings of board
29‑4‑707
Disclosure of interests required
29‑4‑708
General powers of the authority - repeal
29‑4‑709
Power of board - housing facility plans
29‑4‑710
Powers of the board - executive director - housing facility loans - assistance in housing facility development
29‑4‑710.5
Powers of the board - lease, sale, or financing of projects
29‑4‑710.6
Powers of the board - loans for capital
29‑4‑710.7
Powers of the board - issuance of bonds to maintain balances in the unemployment compensation fund
29‑4‑711
Power of board - housing facility plans - mortgage purchase - loans to lenders
29‑4‑712
Powers of the board - executive director - mortgage purchase - loans to lenders - assistance in providing housing facilities
29‑4‑713
Power of the board - home improvement loans
29‑4‑714
Powers of the board - home improvement loans - purchase of such loans - loans to lenders
29‑4‑716
Standards for approval of organizations
29‑4‑717
Findings - percentage of low-income families required
29‑4‑718
Bonds and notes
29‑4‑719.1
Economic development fund
29‑4‑720
Validity of any pledge
29‑4‑721
Remedies
29‑4‑722
Negotiable instruments
29‑4‑723
Bonds eligible for investment
29‑4‑724
Refunding bonds
29‑4‑725
Nonliability of state for bonds
29‑4‑726
Members of authority not personally liable on bonds
29‑4‑727
Property taxation - exemption of bonds from taxation
29‑4‑728
Revolving fund established
29‑4‑729
Reporting
29‑4‑730
Powers of the authority - investments
29‑4‑731
Agreement of this state
29‑4‑732
This part 7 not a limitation of powers
29‑4‑734
Termination of powers
29‑4‑735
Colorado strategic seed fund council - creation
29‑4‑1001
Short title
29‑4‑1002
Definitions
29‑4‑1003
Rent reporting for credit pilot program - created - third-party contractor - participant landlords and participant tenants - financial education courses required - compensation for participant landlords
29‑4‑1004
Rent reporting for credit pilot program - rules
29‑4‑1005
Rent reporting for credit pilot program - report
29‑4‑1006
Repeal of part
29‑4‑1101
Short title
29‑4‑1102
Legislative declaration
29‑4‑1103
Definitions
29‑4‑1104
Middle-income housing authority - creation - board of directors - meetings - records - tax exempt - audit - report
29‑4‑1105
General powers
29‑4‑1106
Additional powers - affordable workforce housing projects
29‑4‑1107
Powers of the board - selection of projects - ownership - report
29‑4‑1108
Relationship of authority and other jurisdictions
29‑4‑1109
Bonds
29‑4‑1110
Agreement of the state not to limit or alter rights of obligees
29‑4‑1111
Issuance of funds to the authority
29‑4‑1112
No action maintainable
29‑4‑1113
Judicial examination of powers, acts, proceedings, or contracts of the authority
29‑4‑1114
This part 11 not a limitation of powers
29‑4‑1115
Construction of this part 11
Green check means up to date. Up to date

Current through Fall 2024

§ 29-4-503’s source at colorado​.gov