C.R.S. Section 35-65-306
Provision of bond resolution

covenants

(1)

A resolution pertaining to issuance of bonds under this part 3 may contain covenants as to:

(a)

The purpose to which the proceeds of sale of the bonds may be applied and to the use and disposition thereof;

(b)

The use and disposition of the revenues of the project for which the bonds are to be issued;

(c)

Such matters as are customary in the issuance of revenue bonds including without limitation the issuance and lien position of other or additional bonds, payable from the net revenue received for the operation of the additional facilities acquired or provided pursuant to this part 3 and contributions from nonstate sources for such facilities;

(d)

Books of account and the inspection and audit thereof.

(2)

Any resolution made pursuant to the terms of this part 3 shall be deemed a contract with the holders of the bonds, and the duties of the board under such resolution shall be enforceable by any appropriate action in a court of competent jurisdiction.

Source: Section 35-65-306 — Provision of bond resolution - covenants, https://leg.colorado.gov/sites/default/files/images/olls/crs2023-title-35.pdf (accessed Oct. 20, 2023).

35‑65‑100.3
Definitions 35‑65‑101
Exhibits by counties - agent 35‑65‑102
Premiums - commissioners may remit taxes 35‑65‑103
Displays 35‑65‑105
State fair and industrial exposition 35‑65‑107
Colorado state fair authority cash fund - lease and use of facilities - repeal 35‑65‑109
Authorization of peace officers to preserve order and protect exhibits 35‑65‑111
County fairgrounds 35‑65‑112
Fairground - manager - lease 35‑65‑113
County fairgrounds - appropriation 35‑65‑114
Appropriation for maintenance 35‑65‑115
District and regional fairs 35‑65‑116
Race meets - dates - licenses - fees 35‑65‑301
Board may issue revenue bonds 35‑65‑302
Resolution 35‑65‑303
Sale of bonds 35‑65‑304
Negotiability 35‑65‑305
Power to secure bonds 35‑65‑306
Provision of bond resolution - covenants 35‑65‑307
Validity of bonds 35‑65‑308
Prior lien of bonds 35‑65‑310
Colorado state fair authority board - bonds 35‑65‑401
Colorado state fair authority - creation - board - powers and duties - repeal 35‑65‑403
Office of manager of the Colorado state fair authority - creation 35‑65‑404
Transfer of property 35‑65‑405
Colorado state fair authority - board of commissioners - enterprise status 35‑65‑406
Annual reports 35‑65‑407
Warrants 35‑65‑408
Applicability of other laws

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Current through Fall 2024

§ 35-65-306’s source at colorado.gov

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Location: https://colorado.public.law/statutes/crs_35-65-306

Original Source: Section 35-65-306 — Provision of bond resolution - covenants, https://leg.colorado.gov/sites/default/files/images/olls/crs2023-title-35.pdf (last accessed Jul. 25, 2023).