C.R.S. Section 37-45-139
Contracts

  • submission to electors

(1)

Whenever the board incorporated under this article, by resolution adopted by a majority of the said board, determines that the interests of said district and the public interest or necessity demand the acquisition, construction, or completion of any source of water supply, waterworks, or other improvements or facilities or the making of any contract with the United States or other persons or corporations to carry out the objects or purposes of said district, wherein the annual obligation created will require a greater annual expenditure than the annual income and revenue that the district is estimated to permit, said board shall order the submission of the proposition of incurring such obligation or bonded or other indebtedness for the purposes set forth in said resolution to the electors of the district at an election held for that purpose pursuant to the provisions of this section and section 37-45-142; except that no such election shall be required when the evidence of indebtedness evidencing the obligation created expressly states that it is payable solely from revenues derived from payments made with respect to contracts which are entered into pursuant to this article.

(2)

Any election held for the purpose of submitting any proposition of incurring such obligation or indebtedness may be held separately or may be consolidated or held concurrently with any other election authorized by law at which such qualified electors of the district are entitled to vote.

(3)

The declaration of public interest or necessity required in this section and the provisions for the holding of such election may be included within one and the same resolution, which resolution, in addition to such declaration of public interest or necessity, shall recite the objects and purposes for which the indebtedness is proposed to be incurred, the estimated cost of the works or improvements, as the case may be, the amount of principal of the indebtedness to be incurred therefor, and the maximum net effective rate of interest to be paid on such indebtedness. Such resolution shall also fix the date upon which such election shall be held and the manner of holding the same and the method of voting for or against the incurring of the proposed indebtedness. Such resolution shall also fix the compensation to be paid the officers of the election and shall designate the precincts and polling places and shall appoint for each polling place, from each precinct from the electors thereof, the officers of such election, which officers shall consist of three judges, one of whom shall act as clerk, who shall constitute a board of election for each polling place.

(4)

The description of precincts may be made by reference to any order of the board of county commissioners of the county in which the district or any part thereof is situated or by reference to any previous order or resolution of the board or by detailed description of such precincts. Precincts established by the boards of the various counties may be consolidated for special elections held under this article. In the event any such election is called to be held concurrently with any other election or is consolidated therewith, the resolution calling the election under this article need not designate precincts or polling places or the names of officers of election but shall contain reference to the act or order calling such other election and fixing the precincts and polling places and appointing election officers therefrom.

Source: Section 37-45-139 — Contracts - submission to electors, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-37.­pdf (accessed Oct. 20, 2023).

37‑45‑101
Short title
37‑45‑102
Legislative declaration
37‑45‑103
Definitions
37‑45‑104
Name of district - bonds
37‑45‑105
Liberal construction
37‑45‑106
Constitutional construction clause
37‑45‑107
Repeal - saving clause
37‑45‑108
Jurisdiction of district courts
37‑45‑109
Petition
37‑45‑110
Bond of petitioners
37‑45‑111
Notice of hearing on petition
37‑45‑112
Protests and hearings on petitions
37‑45‑113
Provisions for filing and recording decree of incorporation
37‑45‑114
Appointment of board of directors
37‑45‑115
Organization of the board of directors
37‑45‑116
Meetings and records
37‑45‑117
Employment of agents
37‑45‑118
General powers
37‑45‑119
Power to acquire rights-of-way
37‑45‑120
Subdistricts
37‑45‑121
Classification of taxes and assessments - powers
37‑45‑122
Levy and collection under class A
37‑45‑123
Levy and collection under class B
37‑45‑124
Levy and collection under class C
37‑45‑125
Levy and collection under class D
37‑45‑126
Levies cover defaults and deficiencies
37‑45‑127
Objections to assessments - appeal
37‑45‑128
Officers levy and collect taxes and assessments
37‑45‑129
Sale for delinquencies
37‑45‑130
Exemptions
37‑45‑131
Sale of water by contract
37‑45‑132
Contracts - security - enforcement
37‑45‑133
Sinking fund
37‑45‑134
Additional powers
37‑45‑135
Allotment of water to disabled landowner or administrator
37‑45‑136
Inclusion of lands
37‑45‑137
Exclusion of lands
37‑45‑138
Board to execute contracts - issue bonds
37‑45‑139
Contracts - submission to electors
37‑45‑140
Publication of call
37‑45‑141
Conduct of election
37‑45‑142
Bond elections - subsequent elections
37‑45‑143
Confirmation of contract proceedings
37‑45‑144
Correction of faulty notices
37‑45‑145
Early hearings
37‑45‑146
Dissolution of districts
37‑45‑147
Election for dissolution - petition or resolution filed
37‑45‑148
Notice of election
37‑45‑149
Objections to resolution or petition
37‑45‑150
Election procedure - ballot
37‑45‑151
Majority vote determines question
37‑45‑152
Winding up and dissolution - order entered
37‑45‑153
Validation and recreation of water conservancy districts
Green check means up to date. Up to date

Current through Fall 2024

§ 37-45-139’s source at colorado​.gov