C.R.S. Section 30-35-711
Redemption of refunding bonds prior to maturity

  • procedures

(1)

In the event that any bonds of a home rule county, either bonds issued for refunding purposes or bonds issued for other purposes as set forth in section 30-35-201 (6), have been or are made redeemable prior to their respective maturities and the governing body determines that all or any part of such bonds should be called for redemption, according to their terms, it is the duty of the county clerk and recorder, as soon as the governing body has authorized the redemption, to cause notice to be given of such action.

(2)

Such notice shall be given by publication at least one time in a newspaper customarily used by said county for legal notices at least thirty days prior to the date on which said bonds are to be redeemed and paid. Such notice shall contain the place or places and date on which said bonds shall be redeemed and paid, shall describe the bonds by their legal designation, date, number, and amount, and shall state that after the date so fixed for redemption and payment the interest on said bonds shall cease.

(3)

After the date so fixed for redemption and payment, the bonds so called for redemption and payment shall cease to draw interest.

Source: Section 30-35-711 — Redemption of refunding bonds prior to maturity - procedures, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-30.­pdf (accessed Oct. 20, 2023).

30‑35‑101
Short title 30‑35‑102
Legislative declaration 30‑35‑103
Home rule counties - general powers 30‑35‑201
Powers of governing bodies 30‑35‑202
Power to sell public works - sell or lease property 30‑35‑301
Duty to make and publish ordinances 30‑35‑401
Definitions 30‑35‑402
Adoption by reference - title 30‑35‑403
Notice - hearing 30‑35‑404
Adopting ordinance - adoption of penalty clauses by reference prohibited 30‑35‑405
Publication of ordinance 30‑35‑406
Filing of public record - sale of copies 30‑35‑407
Amendments 30‑35‑408
Use as evidence 30‑35‑501
Review without bond 30‑35‑601
Funding bonds - determination of indebtedness 30‑35‑602
Floating indebtedness defined 30‑35‑603
Bond election - judgments 30‑35‑604
Ordinance - form and maturity of bonds 30‑35‑605
Disposition of bonds 30‑35‑606
Taxes for interest and redemption 30‑35‑607
Ordinance irrepealable 30‑35‑701
Refunding bonds - amount 30‑35‑702
Vote of electors - when not required 30‑35‑703
Vote of electors - when required - procedures 30‑35‑704
Ordinance for bond issue - bonds 30‑35‑705
Exchange - sale - proceeds - amounts 30‑35‑706
Tax for payment of refunding bonds 30‑35‑707
Ordinance not to be altered 30‑35‑708
Combined issues - procedures 30‑35‑709
Application of refunding bond proceeds - procedures - limitations 30‑35‑710
Registration of refunding bonds 30‑35‑711
Redemption of refunding bonds prior to maturity - procedures 30‑35‑712
“Net interest cost” - “net effective interest rate” 30‑35‑801
Power to issue bonds - purpose 30‑35‑802
Question submitted 30‑35‑803
Ordinance - taxes - interest - disposition 30‑35‑804
Construction - disposition of delinquent assessment 30‑35‑901
Special taxing districts authorized 30‑35‑902
Definitions 30‑35‑903
Use of districts 30‑35‑904
Formation of districts 30‑35‑905
Powers of board 30‑35‑906
Exclusion
Green check means up to date. Up to date

Current through Fall 2024

§ 30-35-711’s source at colorado​.gov