C.R.S. Section 37-46-133
Election to authorize debt


Except for the issuance of refunding bonds or other funding or refunding of obligations which does not increase the net indebtedness of the district or any subdistrict so proceeding, no indebtedness shall be incurred by the issuance of general obligation bonds of any subdistrict or by any contract by which the district or a subdistrict agrees to repay as general obligations or other obligations constituting a “general obligation debt by loan in any form”, as such term is used in section 6 of article XI of the state constitution, of the district or subdistrict, respectively, to the federal government, the state, any political subdivision, or any person over a term not limited to the then current fiscal year any project costs advanced thereby under any contract for the acquisition or improvement of the facilities or any interest therein, or for any project, advanced by the issuance of securities of such a political subdivision or person to defray any cost of the project or of the facilities or an interest therein thereby acquired and becoming a part of the facilities of the district or subdistrict, or otherwise advanced, unless a proposal of issuing the subdistrict’s general obligation bonds or of incurring an indebtedness by the district or subdistrict by making such a contract is submitted to the electors of the district or subdistrict, as the case may be, and is approved by a majority of such electors voting on the proposal at an election held for that purpose in accordance with this article and with all laws amendatory thereof and supplemental thereto.

Source: Section 37-46-133 — Election to authorize debt, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-37.­pdf (accessed Oct. 20, 2023).

37‑46‑101
Legislative declaration
37‑46‑102
Definitions
37‑46‑103
District body corporate - area
37‑46‑104
Board of directors
37‑46‑105
Compensation of directors
37‑46‑106
Vacancies - secretary and treasurer
37‑46‑107
General powers
37‑46‑108
Principal office - meetings
37‑46‑109
Authority of board to levy taxes
37‑46‑109.3
Taxes - determination and collection
37‑46‑109.4
Levies to cover district’s deficiencies
37‑46‑110
Organization
37‑46‑111
Rules and regulations
37‑46‑112
Petition
37‑46‑113
Notice of hearing on petition
37‑46‑114
Protesting of petitions
37‑46‑114.5
Alternative procedure for organizing a subdistrict
37‑46‑115
Board of directors to prepare plans
37‑46‑116
Appointment of appraisers
37‑46‑117
Compensation of appraisers
37‑46‑118
Board bound by financing plan
37‑46‑119
Directors may make assessments
37‑46‑120
Improvement district bonds
37‑46‑121
Assessments perpetual lien
37‑46‑122
Invalid assessments - board remedy
37‑46‑123
Assessment record as evidence
37‑46‑124
Remedies in case of faulty notice
37‑46‑125
Lawful contracts
37‑46‑126
Issuance of general obligation bonds and revenue bonds
37‑46‑126.2
Subdistrict’s levy of taxes
37‑46‑126.3
Levy and collection of subdistrict’s taxes
37‑46‑126.4
Levies to cover subdistrict deficiencies
37‑46‑126.5
County to levy and collect
37‑46‑126.6
Delinquent taxes
37‑46‑127
Maintenance assessment
37‑46‑128
Annual levy limit
37‑46‑129
Investment of surplus funds
37‑46‑130
Sinking fund
37‑46‑131
Court confirmation
37‑46‑132
Allocation of water or service
37‑46‑133
Election to authorize debt
37‑46‑134
Definition of elector
37‑46‑135
Elections
37‑46‑136
Election resolution
37‑46‑137
Conduct of election
37‑46‑138
Notice of election
37‑46‑139
Polling places
37‑46‑140
Election supplies
37‑46‑141
Election returns
37‑46‑142
Debt election contests
37‑46‑143
Covenants and other provisions in bonds
37‑46‑144
Liens on pledged revenues
37‑46‑145
Rights - powers of holders of bonds - trustees
37‑46‑146
Investments and securities
37‑46‑147
Rents and charges
37‑46‑148
Miscellaneous powers
37‑46‑149
Cooperative powers
37‑46‑150
Joint action entity
37‑46‑151
Correlative powers of political subdivisions
Green check means up to date. Up to date

Current through Fall 2024

§ 37-46-133’s source at colorado​.gov