C.R.S. Section 32-14-125
Management agreement

  • operation of stadium

Upon the approval of the registered electors pursuant to the provisions of section 32-14-105 and upon the granting of a major league baseball franchise by major league baseball to be located within the district, the board shall negotiate and enter into one or more management agreements for the management and operation of the stadium with independent contractors upon such terms and conditions which the board deems reasonable and necessary. Such agreements shall be legally binding contracts between the district and professional management organizations which shall contain appropriate and reasonable provisions with respect to termination, default, and legal remedies. For purposes of this section, “professional management organization” means a person, firm, or corporation having experience, expertise, and specialization in the management and operation of sports, entertainment, or convention facilities, or in a particular area therein.

Source: Section 32-14-125 — Management agreement - operation of stadium, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-32.­pdf (accessed Oct. 20, 2023).

32‑14‑101
Short title
32‑14‑102
Legislative declaration
32‑14‑103
Definitions
32‑14‑104
Creation of district - area of district
32‑14‑105
Authorizing election
32‑14‑106
Board of directors - membership - qualifications
32‑14‑107
Board of directors - powers and duties
32‑14‑108
Conflicts of interest prohibited
32‑14‑109
Records of board - audits - legislative oversight - powers and duties of state auditor
32‑14‑110
Privatization - study and consideration
32‑14‑111
Criteria - stadium site - stadium
32‑14‑112
Consultation with urban land institute - Colorado baseball commission - consideration of recommendations
32‑14‑113
Costs - acquisition of stadium site - construction of stadium - use of public moneys - target percentage
32‑14‑114
Sales tax imposed - collection - administration of tax - discontinuance
32‑14‑115
Sales tax revenues - use
32‑14‑116
Operating revenues - use
32‑14‑117
Issuance of special obligation bonds
32‑14‑118
Pledge of sales tax revenues and net operating revenues
32‑14‑119
Payment, recital, and securities
32‑14‑120
Incontestable recital in securities
32‑14‑121
Limitation upon payment
32‑14‑122
Negotiability
32‑14‑123
Sale of special obligation bonds
32‑14‑124
Contracts
32‑14‑125
Management agreement - operation of stadium
32‑14‑126
Lease of stadium - major league baseball franchise
32‑14‑126.5
Revenue sharing
32‑14‑128
Limitations upon liabilities
32‑14‑129
Sale of real and personal property of district
32‑14‑130
Limitations upon promotional activities
32‑14‑131
Colorado baseball commission - creation - membership
32‑14‑132
Commission - powers and duties
32‑14‑133
Repeal of article
Green check means up to date. Up to date

Current through Fall 2024

§ 32-14-125’s source at colorado​.gov