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<br />~ <br /> <br />o <br /> <br />. <br /> <br /> <br />o <br /> <br />~-- <br />~ <br /> <br />~~ <br /> <br />- <br /> <br />SENATE BILL 05-012 <br /> <br />BY SENATOR(S) Evans, and Williams; <br />also REPRESENTATlVE(S) Harvey, Green, and Sullivan, <br /> <br />. <br /> <br />CONCERNING AN INCREASE fN THE MAXIMUM AMOUNT OF COMPENSATION <br />THAT MAY BE PAID TO MEMBERS OF THE BOARD OF DIRECTORS OF A <br />SPECIAL DISTRICT. <br /> <br />Be it enacted by the General Assembly of the Slale of Colorado: <br /> <br />SECTION 1. 32-1-902 (3) (a), Colorado Revised Statutes, IS <br />amended to read: <br /> <br />32-1-902. Organization of board - compensation - disclosure. <br />(3) (a) (I) For directors serving a term of office commencing prior to April: <br />24, 1996 THE EFFECTIVE DATE OF THIS SUBPARAGRAPH (1), AS AMENDED, <br />each director may receive as compensation for the director's service a sum <br />not in excess of nine hundled fifty ONE THOUSAND TWO HUNDRED dollars <br />per annum, payable not to exceed fifty SEVENTY-FIVE dollars per meeting <br />attended, <br /> <br />. <br /> <br />(II) For directors serving a term of office commencing on or after <br />Ap,il 24, I?96 THE EFFECTIVE DATE OF THIS SUBPARAGRAPH (II), AS <br />AMENDED, each director may receive as compensation for the director's <br /> <br />( '{j[lJ!n/letters indicate neH' maraud ridded to existing statllfes. dashe,\'" through words indicate <br />dclcflOlI..../rom existing slatules and _\111'11 material not part (~loCl <br />