C.R.S. Section 37-31-150
Levy of tax for payment

For the half-yearly interest accruing on such bonds actually issued and delivered, the board of directors of said district shall levy annually a sufficient tax to fully discharge such interest, and, for the ultimate redemption of such bonds, they shall levy annually such tax upon all the taxable property of such district as will create a yearly fund sufficient to pay the bonds maturing in such year. All taxes for interest on and for the redemption of such bonds shall be paid in cash only and shall be kept by the district treasurer as a special fund to be used in payment of interest on, and for the payment of, such bonds annually, and such tax shall be levied and collected as other taxes. If the board of directors of the district fails to levy and certify such taxes to the board of county commissioners of Mesa county, it nevertheless is the duty of such board of county commissioners to levy such taxes.

Source: Section 37-31-150 — Levy of tax for payment, 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

§ 37-31-150’s source at colorado​.gov