C.R.S. Section 37-95-102
Legislative declaration

(1)

It is hereby declared to be the public policy of the state to preserve, protect, upgrade, conserve, develop, utilize, and manage the water resources of the state, to promote the beneficial use of waters of the state for the protection and preservation of the public health, safety, convenience, and welfare, to create or preserve jobs and employment opportunities or to improve the economic welfare of the people of the state, and to assist and cooperate with governmental agencies in achieving such purposes. In furtherance of such public policy, the Colorado water resources and power development authority is created in this article to initiate, acquire, construct, maintain, repair, and operate projects or cause the same to be operated pursuant to a lease, sublease, or other agreement with any person or governmental agency and may issue its bonds and notes payable solely from revenues to pay the cost of such projects.

(2)

The general assembly finds and declares that the authority and powers conferred under this article and the expenditures of public moneys pursuant thereto constitute a serving of a valid public purpose and that the enactment of the provisions set forth in this article is in the public interest and is hereby so declared to be such as a matter of express legislative determination.

Source: Section 37-95-102 — Legislative declaration, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-37.­pdf (accessed Oct. 20, 2023).

37‑95‑101
Short title 37‑95‑102
Legislative declaration 37‑95‑103
Definitions 37‑95‑104
Establishment of authority - board of directors - removal - organization - compensation - dissolution 37‑95‑105
Records and meetings of board - disclosure of interests required 37‑95‑106
Authority - powers 37‑95‑107
Feasibility studies - repayment of costs 37‑95‑107.5
Legislative declaration - specific project authorizations 37‑95‑107.6
Creation and administration of water pollution control revolving fund 37‑95‑107.8
Creation and administration of drinking water revolving fund 37‑95‑108
Acquisition and disposition of property - change of location of highways, railroad, or public utilities - regulation of public utility facilities on a project 37‑95‑109
Bonds or notes - issuance - terms 37‑95‑110
Power to make covenants to secure payment 37‑95‑111
Pledge of revenues, moneys, funds, or other property - lien 37‑95‑112
Personal liability 37‑95‑112.5
Watershed protection and forest health projects - definition - repeal 37‑95‑113
Debt service reserve funds for watershed protection projects and forest health projects 37‑95‑114
Guarantee by state not to limit or alter rights or powers vested in authority 37‑95‑115
Exemption of bonds from taxation 37‑95‑116
Annual report - annual audit - annual budget 37‑95‑117
Services by state officers, departments, boards, agencies, divisions, and commissions 37‑95‑118
Bonds eligible for investment 37‑95‑119
Charges for use of service of projects 37‑95‑120
Agreements with governmental agencies or persons 37‑95‑121
Effect on inconsistent acts and rules and regulations adopted thereunder 37‑95‑122
Severability 37‑95‑123
Construction of article
Green check means up to date. Up to date

Current through Fall 2024

§ 37-95-102’s source at colorado​.gov