C.R.S. Section 37-43-163
Decree of court


(1)

The court in its decree shall have power to make the orders necessary to carry out said proposition or plan for the liquidation of the indebtedness and distribution of the property of said district, including the right to apportion any indebtedness found due, and to declare said portions of any said indebtedness liens upon the various parcels and lots of land within the district, and may decree a sale or exchange of its assets in such manner as may effectuate said proposition, as the said court may judge best, and as, in the opinion of the court, provides an adequate security for the ultimate payment or complete liquidation of all the indebtedness of said district. Said sale or exchange of said assets may be made either in one lot or in such parcels as may be provided, and the decree may provide for conveyance of said irrigation system, including the dams, reservoirs, canals, franchises, and water rights, and also of all of the other assets of the district and for the exchange thereof for outstanding indebtedness and the cancellation of such indebtedness. Said court may also provide by decree for the ultimate payment of all or any part of the indebtedness of said district by directing a continuance of the levy and assessment of taxes upon the lands included in said district in the manner provided by the laws of this state in relation to irrigation districts.

(2)

At any time prior to the actual execution of the proposed plan for dissolution, whether before or after entry of the decree, the proceeding for approval of such plan may be dismissed by the court and such dissolution may be abandoned when it is made to appear to the court that a majority of the qualified electors of the irrigation district have voted for the dismissal of such proceeding and abandonment of such proposed dissolution at an election regularly held for the purpose of voting on such question and that such dissolution plan and proceeding can feasibly and equitably be abandoned and dismissed at that time. Notice of such election shall be given in the same manner and for the same time as notice of election of directors of an irrigation district under the laws of the state of Colorado, and such notice shall specify the time of holding the election and the matter to be voted upon. Such election shall be held and the result thereof determined and declared in all respects as nearly as practicable in conformity with the provisions governing the election of directors in irrigation districts. The court in its decree dismissing any such proceeding under the provisions of this subsection (2) has the power to make all orders necessary to effectuate the abandonment of such dissolution plan and the continuation of such irrigation district.

Source: Section 37-43-163 — Decree of court, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-37.­pdf (accessed Oct. 20, 2023).

37‑43‑101
Definition of landowner
37‑43‑102
Landowners to vote for directors on acreage basis
37‑43‑103
Directors may submit question
37‑43‑105
Increasing number of directors
37‑43‑106
Calling election - ballot
37‑43‑107
Voting
37‑43‑108
Who may vote
37‑43‑109
Canvassing vote - directors-at-large
37‑43‑110
When directors-at-large elected
37‑43‑111
Eligibility of directors
37‑43‑112
Agricultural college and school lands included
37‑43‑113
Petition - form and execution
37‑43‑114
Assessments
37‑43‑115
Mode of payment - receipts
37‑43‑116
Purchaser to pay accrued assessments
37‑43‑117
Lessee to pay assessments in addition to rent
37‑43‑118
Purchasers to pay to register until patent
37‑43‑119
Board of directors may exclude land
37‑43‑120
Land may be excluded at time of refinancing
37‑43‑121
Prior exclusion of lands
37‑43‑122
Irrigation districts to provide drainage
37‑43‑123
Title in seepage or waste waters
37‑43‑124
Sale of water rights and property
37‑43‑125
Election - notice - canvass
37‑43‑126
Determination of validity of sale
37‑43‑127
Proceedings by elector on failure of board
37‑43‑128
Sale
37‑43‑129
Decree of sale
37‑43‑130
Construction
37‑43‑131
Distribution of proceeds
37‑43‑132
Purposes for bond issues
37‑43‑133
Meeting of landowners
37‑43‑134
Voting on bond issue
37‑43‑135
Resolution of board of directors
37‑43‑136
Levy of tax - collection
37‑43‑137
Bonds receivable in payment of taxes
37‑43‑138
Construction
37‑43‑139
Bonds to retire warrants
37‑43‑140
Subject to outstanding bonds
37‑43‑141
Levy of tolls or charges
37‑43‑142
Where payment of tolls made
37‑43‑143
Water may be refused - when
37‑43‑144
Issuance of refunding bonds
37‑43‑145
Board of directors to issue bonds
37‑43‑146
Submission of question to electors
37‑43‑147
Sale of bonds
37‑43‑148
County treasurer to register bonds
37‑43‑149
Collection of taxes
37‑43‑150
Validity of bonds examined
37‑43‑151
Relief of lands from burden of refunded indebtedness
37‑43‑152
Board may contract with United States
37‑43‑153
Provisions of contract
37‑43‑154
Prior contracts validated
37‑43‑155
Powers cumulative
37‑43‑156
Irrigation districts may dissolve
37‑43‑157
Petition - where filed - contents
37‑43‑158
Dissolution - special election
37‑43‑159
Determination of validity of dissolution
37‑43‑160
Contents of petition - procedure - costs
37‑43‑161
Elector may bring action
37‑43‑162
May organize corporation to acquire assets
37‑43‑163
Decree of court
37‑43‑164
Apportionment of indebtedness
37‑43‑165
Plan must provide for adequate levies
37‑43‑166
Foreclosure subject to prior taxes
37‑43‑167
Disposition of surplus
37‑43‑168
Procedure where district is solvent
37‑43‑169
Dissolution of inactive irrigation districts
37‑43‑170
Petition for payment of indebtedness
37‑43‑171
Jurisdiction - order for hearing
37‑43‑172
Notice of hearing
37‑43‑173
Notice - how addressed
37‑43‑174
Completion of service
37‑43‑175
Answer or contest - default
37‑43‑176
Proceedings in rem - accounting
37‑43‑177
Indebtedness of inactive districts
37‑43‑178
Appeals
37‑43‑179
Dissolution - where bondholders are unknown
37‑43‑180
Petitions for dissolution
37‑43‑181
Notice of hearing
37‑43‑182
Disposition of unpaid funds
37‑43‑183
Application
37‑43‑184
Treasurer to strike off lands to county
37‑43‑185
Redemption
37‑43‑186
Lands offered for sale - when
37‑43‑187
When county entitled to tax deed
37‑43‑188
County may sell by quitclaim deed
37‑43‑189
Continuation of lien of bonded indebtedness
37‑43‑201
Short title
37‑43‑202
Definitions
37‑43‑203
Applicability - exercise of authority
37‑43‑204
Irrigation district - authority to contract
37‑43‑205
Special assessment
37‑43‑206
Authority to obtain loans to defray expenses
37‑43‑207
Power of eminent domain
37‑43‑208
Contracts - reimbursement by United States
37‑43‑209
Submission of plans to state engineer - not required
37‑43‑210
Compensation of director of contracting district
37‑43‑211
Creation of contracting district - election
Green check means up to date. Up to date

Current through Fall 2024

§ 37-43-163’s source at colorado​.gov