C.R.S. Section 29-8-128
Advance payment of assessment installments

The governing body may, in the resolution levying the assessments, provide that all unpaid installments of assessments levied against any piece of property may (but only in their entirety) be paid prior to the dates on which they become due, if the property owner paying such installments pays all interest which would accrue thereon to the next succeeding date on which interest is payable on the bonds issued in anticipation of the collection of the assessments. In addition, the property owner must pay such additional amount of interest as in the opinion of the governing body is necessary to assure the availability of money fully sufficient to pay interest on the bonds as interest becomes due, and any redemption premiums which may become payable on the bonds in order to retire, in advance of maturity, bonds in a sufficient amount to utilize the assessments thus paid in advance. If no bonds have been issued, then all unpaid installments of assessments levied against any piece of property may be paid in their entirety prior to the date upon which they become due by paying the principal amount due and the interest accrued thereon to the date of payment.

Source: Section 29-8-128 — Advance payment of assessment installments, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-29.­pdf (accessed Oct. 20, 2023).

29‑8‑101
Short title 29‑8‑102
Legislative declaration 29‑8‑103
Definitions 29‑8‑104
Powers conferred 29‑8‑105
Basis of assessments 29‑8‑106
Resolution for cost and feasibility study 29‑8‑107
Bond of petitioners 29‑8‑108
Costs and feasibility report 29‑8‑109
Resolution declaring intention to create district 29‑8‑110
Notice of public hearing on proposed improvement - contents 29‑8‑111
Notice of public hearing on proposed improvement - manner of giving 29‑8‑112
Public hearing - changes in proposed improvements and area to be included in district 29‑8‑113
Waiver of objections 29‑8‑114
Proposed assessment list 29‑8‑115
Proposed assessment resolution 29‑8‑116
Notice of public hearing on proposed assessments 29‑8‑117
Public hearing on proposed assessment resolution 29‑8‑118
Adoption of the assessment resolution 29‑8‑119
Assessment roll 29‑8‑120
Payment of assessment 29‑8‑121
Installment payments 29‑8‑122
Failure to pay installments 29‑8‑123
Discount - assessment roll returned 29‑8‑124
Sale of property for nonpayment 29‑8‑125
Owner of interest may pay share 29‑8‑126
When collections paid city 29‑8‑127
Assessment lien 29‑8‑128
Advance payment of assessment installments 29‑8‑129
Issuance of bonds 29‑8‑130
Civil action - grounds 29‑8‑131
Conversion costs 29‑8‑132
Maintenance, construction, and title to converted facilities 29‑8‑133
Conversion costs and service connection 29‑8‑134
Notice of possible disconnection 29‑8‑135
Notice of disconnection 29‑8‑136
Payment of public utility 29‑8‑137
Reinstallation of overhead facilities not permitted 29‑8‑137.5
Applicability to cable operators 29‑8‑138
No limitation on public utilities commission jurisdiction or franchises 29‑8‑139
Nonseverability 29‑8‑140
Abatement of construction 29‑8‑141
Early hearings 29‑8‑142
Liberal construction
Green check means up to date. Up to date

Current through Fall 2024

§ 29-8-128’s source at colorado​.gov