C.R.S. Section 37-31-147
Majority vote bonds issued

  • form of bonds and coupons
If the majority of the votes cast is “Bonds - Yes”, the board of directors shall issue negotiable coupon bonds of the district. Bonds shall bear interest at a rate or rates such that the net effective interest rate of the issue of bonds does not exceed the maximum net effective interest rate authorized, payable semiannually, and shall be due and payable serially, either annually or semiannually, commencing not later than three years and extending not more than twenty years from date. The form and terms of said bonds, including provisions for their payment and redemption, shall be determined by the board. If the board so determines, such bonds may be redeemable prior to maturity upon payment of a premium, not exceeding three percent of the principal thereof. Said bonds shall be executed in the name of and on behalf of the district and signed by the president with the seal of the district affixed thereto and attested by the secretary. Said bonds shall be in such denominations as the board shall determine, and the bonds and coupons thereto attached shall be payable to bearer. Interest coupons shall bear the original or facsimile signature of the president.

Source: Section 37-31-147 — Majority vote bonds issued - form of bonds and coupons, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-37.­pdf (accessed Oct. 20, 2023).

37‑31‑101
Public necessity of drainage district in Grand Valley 37‑31‑102
Grand Valley drainage district created - boundaries - inclusion of land 37‑31‑103
Successor to Grand Junction drainage district 37‑31‑104
Government of district 37‑31‑105
General powers of district 37‑31‑106
Nomination of directors 37‑31‑107
General election laws apply - rules 37‑31‑108
Call and notice of election 37‑31‑109
Regular election - directors elected 37‑31‑110
Election precincts 37‑31‑111
Judges of election 37‑31‑112
Appointment of substitute judges 37‑31‑113
Oath of judge of election 37‑31‑114
No registration of voters 37‑31‑115
Canvass of vote - certificate of election 37‑31‑116
In case of tie determination by lot 37‑31‑117
Contest of election 37‑31‑118
Powers of board 37‑31‑119
Purposes of district - powers of board of directors 37‑31‑120
Meetings of directors 37‑31‑121
Meetings public - quorum - records 37‑31‑122
Directors may sell bonds 37‑31‑123
No director interested in contract 37‑31‑124
Directors may contract - with whom 37‑31‑125
Vacancy on board of directors 37‑31‑126
Bonds of directors 37‑31‑127
Right of entry to survey 37‑31‑128
Treasurer of district 37‑31‑129
Salary and expenses of officers 37‑31‑130
Location of office 37‑31‑131
Funds paid on warrant 37‑31‑132
Warrants not paid draw interest 37‑31‑135
Treasurer to report 37‑31‑136
Treasurer’s fees 37‑31‑137
Property taxable and service fees chargeable by district 37‑31‑138
General tax laws apply 37‑31‑139
Certification of property values 37‑31‑140
District tax on tax list and included in warrant 37‑31‑141
Certification and levy of tax 37‑31‑142
Title to property - tax exemption 37‑31‑143
General tax exemptions apply 37‑31‑144
Election on bonds 37‑31‑145
Procedure of holding of election 37‑31‑147
Majority vote bonds issued - form of bonds and coupons 37‑31‑148
Authorization of different series of payments 37‑31‑149
Contents of notice - sale 37‑31‑150
Levy of tax for payment 37‑31‑151
Judicial confirmation of bonds 37‑31‑152
Right of eminent domain 37‑31‑153
Publication of notice for bids 37‑31‑154
Contractor’s bond - engineer to supervise 37‑31‑155
Use of existing drainage works 37‑31‑156
Sale of district property 37‑31‑157
Proof of existence of district
Green check means up to date. Up to date

Current through Fall 2024

§ 37-31-147’s source at colorado​.gov