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C.J.S. See 94 C.J.S.,Waters, §321. <br /> 37-42-125. Fiscal year - appropriation resolution. (1) The fiscal year of each irrigation <br /> district in this state shall commence on January 1 in each year. It is the duty of the board of <br /> directors, in accordance with the schedule prescribed by section 39-5-128, C.R.S., to determine <br /> the amount of money required to meet the maintenance, operating, and current expenses for the <br /> ensuing fiscal year and to certify said amount by resolution to the board of county commissioners <br /> of the county in which the office of the district is located, together with such additional amounts <br /> as may be necessary to meet any deficiency in the payment of said expenses theretofore incurred. <br /> The board of directors may fix the amount payable for any tract containing one acre or less and, <br /> if so, similarly shall certify this amount to the board of county commissioners. The board of <br /> directors shall also fix the amount payable by each tract within any district with which the United <br /> States has made a contract and shall certify the same to the board of county commissioners. <br /> (2) The amount so fixed shall be in accordance with the federal reclamation laws and the <br /> public notices, orders, and regulations issued thereunder and shall be in compliance with any <br /> contracts made by the United States with any owners of said lands and in compliance further <br /> with the contracts between the district and the United States. The resolution shall be termed the <br /> annual appropriation resolution for the next fiscal year, and any debt or liability incurred or <br /> warrant issued in excess of the amount therein stated shall be absolutely void, except upon <br /> express authority conferred by the landowners at a general or special election. <br /> Source: L. 21: p. 539, § 25. C.L. § 2081. CSA: C. 90, § 456. CRS 53: § 149-2-35. L. 63: p. 1003, <br /> § 4. C.R.S. 1963: § 150-2-25. L. 77: (1)amended, p. 1515, § 85, effective July 15. <br /> C.J.S. See 94 C.J.S., Waters, § §320,321,333. <br /> 37-42-126. Assessment of lands - valuation. (1) It is the duty of the county assessor of any <br /> county embracing the whole or a part of any irrigation district to assess and enter upon his <br /> records as assessor in its appropriate columns the assessment of all lands, including public lands <br /> subject to assessment under the congressional act of August 11, 1916, exclusive of <br /> improvements, situate, lying, and being within any irrigation district in whole or in part of such <br /> county. Immediately after said assessment has been extended as provided by law, the assessor <br /> shall make returns of the total amount of such assessment to the board of county commissioners <br /> of the county in which the office of said district is located. <br /> (2) All lands within the district for the purpose of taxation under this article shall be valued <br /> by the assessor at the same rate per acre; except that in no case shall any land be taxed, or subject <br /> to taxation, for irrigation district purposes under this article, or under any other or former law <br /> relative to irrigation districts, which by reason of location, or the broken uneven surface, or <br /> unsuitable character or quality of the soil is unsuitable for irrigation and cultivation, or which, <br /> from any natural cause is not capable of irrigation and cultivation, except at a financial loss, nor <br /> shall tracts of land of one acre or less be taxed for irrigation purposes if the board of directors of <br /> the irrigation district has fixed an amount payable for each of such tracts. If the amount of water <br /> available from the water system of the irrigation district is wholly insufficient for the successful <br /> growing and maturing of crops on the entire acreage of lands within the district and susceptible <br /> of irrigation therefrom, that fact may be alleged and, upon proof, shall entitle the owner of lands <br /> that have never been cultivated and irrigated from the water system of such irrigation district to <br /> the relief provided for in this article. <br /> (3) Where a contract is entered into between the United States and an irrigation district <br /> organized under this article providing for the payment of charges at an unequal rate per acre, <br /> district land so affected shall not be valued by the county assessor under the foregoing provision <br /> of this section, but in such case the county assessor shall assess such district land in accordance <br /> with the certificate provided for in section 37-42-125 and in compliance with the terms of such <br /> contract between the United States and the district. <br /> Source: L. 21: p. 540, § 26. C.L. § 2082. L. 25: p. 326, § 1. CSA: C. 90, § 457. CRS 53: § <br />