LEG00177

• Bill Number: SB04-235
• Year: 2004
• Title: Concerning the creation of a republican river water conservation district
• Legislation - Doc Type: Other CWCB Related Bills - Passed

1910

Water and Irrigation

Ch. 390

(j) HAVE AND EXERCISE THE POWER OF EMINENT DOMAIN TO ACQUIRE DITCHES,
RESERVOIRS, OR OTHER WORKS, LANDS, OR RIGHTS. OF-WAY THEREFOR THAT THE
DISTRICT MAY NEED TO CARRY OUT THE PLANS OF THE DISTRICT AND IN GENERAL TO
EXERCISE ANY AND ALL RIGHTS AND POWERS OF EMINENT DOMAIN CONFERRED UPON
OTHER AGENCIES, AS PROVIDED IN ARTICLES 1 TO 7 OF TITLE 38, C.R.S.;

(k) ESTABLISH A WATER ENTERPRISE PURSUANT TO ARTICLE 45. 1 OF THIS TITLE;

(I) MAKE LOANS OR GRANTS TO ANY PUBLIC ENTITY, NONPROFIT CORPORATION,
NOT-FOR-PROFIT CORPORATION, CARRIER DITCH COMPANY t MUTUAL DITCH OR
RESERVOIR COMPANY, UNINCORPORATED DITCH OR RESERVOIR COMPANY, OR
COOPERA rIVE ASSOCIA nON WITHIN THE BOUND ARIES 0 F THE DIST RIeT TO CARRY OUT
THE PURPOSES OF THE DISTRICT;

(m) IMPOSE A USE FEE ON THE DIVERSION Of WATER WITHIN THE DISTRICT OR
ESTABLISH AN ANNUAL LEVY FOR THE USE OF WATER;

(0) ESTABLISH A NONPROFIT OR CHARITABLE LAND TRUST;

(o) PURCHASE, RENT, LEASE, AND ACCEPT DONA nONS OF, OR COOPERA IE IN THE
CREATION OF, CONSERVATION EASEMENTS;

(p) COOPERATE IN THE CREATION OF CONSERVATION RESERVE PROGRAMS AND
OTHER SIMILAR PROGRAMS;

(q) EXERCISE SUCH IMPLIED POWERS AND PERFORM SUCH OTHER ACTS AS MAY BE
NECESSARY TO CARRY OUT AND EFFECT ANY OF THE EXPRESS POWERS HEREBY
CONFERRED UPON SUCH DISTRICT AS SET FORTH IN THIS ARTICLE.

(2) THE DISTRICT, IN ITS OWN NAME, MAY ISSUE REVENUE BONDS TO FINANCE, IN
WHOLE OR IN PART, THE CONSTRUCTION OF WORKS, RESERVOIRS, WELLS, PIPELINES,
OR OTHER IMPROVEMENTS FOR THE BENEFICIAL USE OF WATER FOR THE PURPOSES FOR
WHICH IT HAS BEEN OR MAYBE APPROPRIATED AND TO FURTHER THE PURPOSES OF
THE DISTRICT, WHETHER OR NOT THE INTEREST ON SUCH BONDS MAYBE SUBJECT TO
TAXATION. SUCH REVENUE BONDS SHALL BE ISSUED IN SUCH DENOMINATIONS AND
WITH SUCH MAXIMUM NET EFFECTIVE INTERESTRATEAS MAY BE FIXED BY THE BOARD
AND SHALL BEAR INTEREST SUCH THAT THE NET EFFECTIVE INTEREST RATE OF THE
BONDS DOES NOT EXCEED THE MAXIMUM NET EFFECTIVE INTEREST RATE AUTHORIZED.
THE BOARD SHALL PLEDGE ONL Y RENTAL PROCEEDS, SERVICE CHARGES, AND OTHER
INCOME, OR ANY COMBINATION T~Q!,_fl!QM_-..JiUCI1-~Of:!!(~ _o,g _Ol'HEIL_____ _ _____ ___ ___ _____
- - -iMPROVEMENTS, AND THE DrSTRicr SHALL NOT BE OTHERWISE OBLIGATED fOR THE
PAYMENT THEREOF. AT THE TIME SUCH REVENUE BONDS ARE ISSUED, THE BOARD
SHALL MAKE AND ENTER IN THE MINUTES OF THE PROCEEDING A RESOLUTION IN
WHICH ARE SET FORTH THE DUE DATES OF SUCH REVENUE BONDS, THE RATES OF
INTEREST THEREON, THE GENERAL PROVISIONS OF THE BONDS, AND A STATEMENT
THAT THE SAME ARE PAYABLE ONLY OUT OF RENTAL PROCEEDS, SERVICE CHARGES,
AND OTHER INCOME, OR ANY COMBINATION THEREOF. IN ADDITION, THE BOARD
SHALL REQUIRE THE PAYMENT OF RENTAL CHARGES, SERVICE CHARGES, OR OTHER
CHARGES BY THE POLITICAL SUBDIVISIONS OR PERSONS WHO ARE TO USE OR DERIVE
BENEFITS FROM THE WATER OR OtHER SERVICES FURNISHED BY SUCH WORKS OR
IMPROVEMENTS. SUCH CHARGES SHALL BE SUFFICIENT TO fAY OPERATION AND