C.R.S. Section 32-14-126.5
Revenue sharing


After all the principal, interest, and premium, if any, of the special obligation bonds issued pursuant to this article are paid in full and the levy and collection of sales tax revenues by the district is discontinued, but prior to the repeal of this article, any funds collected by the district which are, in the sole discretion of the board, deemed not to be necessary for the anticipated expenses and reserves of the district shall be credited at least annually to the general fund of each county, city and county, city, and town which is included, in whole or in part, in the district based upon the proportion of the total amount of sales tax revenues collected pursuant to section 32-14-114 within such county, city and county, city, and town to the total amount of sales tax revenues collected pursuant to section 32-14-114 within the district. For purposes of this section, the total amount of sales tax revenues collected within a county shall not include any sales tax revenues collected in any city or town located within such county. In addition, in computing said proportion, any sales tax revenues collected in any county, city, or town which is not included, in whole or in part, within the geographical boundaries of the district shall not be included in the total amount of sales tax revenues collected within the district.

Source: Section 32-14-126.5 — Revenue sharing, 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

§ 32-14-126.5’s source at colorado​.gov