LEG00101

• Bill Number: SB04-232
• Year: 2004
• Title: Concerning the creation of a front range water conservation district
• Legislation - Doc Type: Other CWCB Related Bills - Killed

1 THEREOF, OR ANY TRUSTEE THEREFOR, SHALL BE ENTITLED TO THE

2 APPOINTMENT OF A RECEIVER, WHICH RECEIVER MAY ENTER AND TAKE

3 POSSESSION OF THE WORKS OR FACILITIES OR ANY PROJECT OR SERVICE;

4 OPERATE AND MAINTAIN THE SAME; PRESCRIBE FEES, RATES, AND

5 CHARGES; AND COLLECT, RECEIVE, AND APPLY ALL REVENUES LATER

6 ARISING FROM THE WORKS OR FACILITIES OR ANY PROJECT OR SERVICE IN

7 THE SAME MANNER AS THE DISTRICT ITSELF MIGHT DO;

8 (s) A PROCEDURE BY WHICH THE TERMS OF ANY RESOLUTION

9 AUTHORIZING SECURITIES, OR ANY OTHER CONTRACT WITH ANY HOLDERS

10 OF SECURITIES, INCLUDING BUT NOT LIMITED TO AN INDENTURE OF TRUST

11 OR SIMILAR INSTRUMENT, MAY BE AMENDED OR ABROGATED, AND AS TO

12 THE AMOUNT OF SECURITIES THE HOLDERS OF WHICH MUST CONSENT

13 THERETO, AND THE MANNER IN WHICH SUCH CONSENT MAY BE GIVEN;

14 (t) THE TERMS AND CONDITIONS UPON WHICH ANY OR ALL OF THE

15 SECURITIES BECOME OR MAY BE DECLARED DUE BEFORE MATURITY, AND

16 UPON WHICH SUCH DECLARATION AND ITS CONSEQUENCES MAY BE

17 WAIVED;

18 (1l)_dLL.SJJCH.ACIS.AND_.TBfNGS_AS.MAY-BE.NECESSARY-OR

19 CONVENIENT OR DESIRABLE IN ORDER TO SECURE THE DISTRICT'S

20 SECURITIES, OR, IN THE DISCRETION OF THE BOARD, TEND TO MAKE THE

21 SECURITIES MORE MARKETABLE, NOTWITHSTANDING THAT SUCH

22 COVENANT, ACT, OR THING MAY NOT BE ENUMERATED IN THIS ARTICLE, IT

23 BEING THE INTENTION OF THIS PART 6 TO GIVE THE DISTRICT POWER TO DO

24 ALL THINGS IN THE ISSUANCE OF SECURITIES AND FOR THEIR SECURITY,

25 EXCEPT AS SPECIFICALLY LIMITED IN THIS ARTICLE.

26 37-49-607. Remedies of security holders. (1) SUBJECTTOANY

27 CONTRACTUAL LIMITATIONS BINDING UPON THE HOLDERS OF ANY ISSUE,

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SB04-232