C.R.S. Section 32-15-133
Repeal of article

(1)

This article is repealed, effective as of the earliest occurrence of the following:

(a)

Five years after July 1, 2003, if the board has not submitted the question set forth in section 32-15-107 (1) to the registered electors within the geographic boundaries of the district pursuant to the provisions of said section; or

(b)

At such time as a majority of the registered electors within the geographical boundaries of the district vote negatively on the question set forth in section 32-15-107 (1) and the board has adopted a resolution declaring that the affairs of the district have been wound up or ninety days have passed since such negative vote, whichever occurs first; or

(c)

Upon the completion of the sale of the stadium by the board to any qualified buyer pursuant to the provisions of section 32-15-126.

(2)

Upon repeal of this article, any funds collected by the district but not used for the purposes set forth in this article shall be credited to the general fund of each county, city and county, city, and town that 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 32-15-110 within such county, city and county, city, and town to the total amount of sales tax revenues collected pursuant to section 32-15-110 within the district. For purposes of this subsection (2), 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 that 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 32-15-133 — Repeal of article, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-32.­pdf (accessed Oct. 20, 2023).

32‑15‑101
Short title 32‑15‑102
Legislative declaration 32‑15‑103
Definitions 32‑15‑104
Creation of district - area of district 32‑15‑104.3
District area - town of Castle Rock in Douglas county 32‑15‑104.5
Annexation of enclaves 32‑15‑105
Board of directors - membership - qualifications 32‑15‑106
Board of directors - powers and duties 32‑15‑107
Authorizing election 32‑15‑108
Position of trust - conflicts of interest 32‑15‑109
Records of board - audits - legislative oversight - powers and duties of state auditor 32‑15‑110
Sales tax imposed - collection - administration of tax - discontinuance 32‑15‑110.5
Admissions tax imposed - collection - discontinuance 32‑15‑111
Sales tax and admissions tax revenues - use 32‑15‑112
Operating revenues - use 32‑15‑113
Issuance of special obligation bonds 32‑15‑114
Pledge of sales and admissions tax revenues and net operating revenues 32‑15‑115
Payment, recital, and securities 32‑15‑116
Incontestable recital in securities 32‑15‑117
Limitation upon payment 32‑15‑118
Negotiability 32‑15‑119
Sale of special obligation bonds 32‑15‑120
Contracts 32‑15‑121
Management agreement - operation of stadium 32‑15‑122
Lease of stadium 32‑15‑123
Revenue sharing 32‑15‑125
Limitations upon liabilities 32‑15‑125.5
No action maintainable 32‑15‑126
Sale of real and personal property of district 32‑15‑127
Limitations upon promotional activities 32‑15‑128
Football stadium site selection commission - creation - membership 32‑15‑129
Commission - powers and duties 32‑15‑130
Conflicts of interest prohibited 32‑15‑131
Criteria - stadium site - stadium 32‑15‑132
Consultation with urban land institute - consideration of recommendations 32‑15‑133
Repeal of article
Green check means up to date. Up to date

Current through Fall 2024

§ 32-15-133’s source at colorado​.gov