LEG00267

• Bill Number: SB05-246
• Year: 2005
• Title: Concerning environmental covenants, and, in connection therewith, establishing conformity with the "Uniform Environmental Covenants Act" with respect to the role of holders of enforcement rights, the
• Legislation - Doc Type: Other CWCB Related Bills - Killed

I
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27

I.::.qunc.mcnts fOl thG e-nvtlonmcntal rc.nl.cdiatio.. proj.::.a.
SECTION 2. Part 3 of article 15 of title 25, Colorado Revised
Statutes, is amended BY THE ADDITION OF THE FOLLOWING NEW
SECTIONS to read:

.

SUBPART 2
COLORADO UNIFORM ENVIRONMENTAL COVENANTS ACT
25-15-316.5. Short title. THIS SUBPART 2, SECTIONS25-15-3165
TO 25-15-328, SHALL BE KNOWN AND MAYBE CITED AS THE "COLORADO
UNIFORM ENVIRONMENTAL COVENANTS ACT",
25-15-317.5. Definitions. As USED IN THIS SUBPART 2, UNLESS
THE CONTEXT OTHERWISE REQUIRES:
(I) "ACTIVITY AND USE LIMITATIONS" MEANS RESlRICTIONS OR
OBLIGATIONS CREATED UNDER THIS SUBPART 2 WITH RESPECT TO REAL
PROPERTY, INCLUDING AN ENVIRONMENTAL USE RESTRICTION.
(2) "AFFECTED LOCAL GOVERNMENT" MEANS EVERY COUNTY, CITY
AND COUNTY, OR MUNICIPALITY IN WHICH REAL PROPERTY SUBJECT TO AN.
ENVIRONMENTAL COVENANT IS LOCATED,
(3) "COMMON INTEREST COMMUNITY" MEANS A CONDOMINIUM,
COOPERATIVE, OR OTHER REAL PROPERTY WITH RESPECT TO WHICH A
PERSON, BY VIRTUE OF THE PERSON'S OWNERSHIP OF A PARCEL OF REAL
PROPERTY, IS OBLIGATED TO PAY PROPERTY TAXES OR INSURANCE
PREMIUMS OR FOR MAINTENANCE OR IMPROVEMENT OF OTHER REAL
PROPERTY DESCRIBED IN A RECORDED COVENANT THAT CREATES THE
COMMON INTEREST COMMUNITY.
(4) "ENVIRONMENTAL COVENANT" MEANS AN INSTRUMENT
CREATED UNDER SECTION 25-15-321 THAT ARISES UNDER AN
ENVIRONMENTAL RESPONSE PROJECT AND IMPOSES ACTIVITY AND USE

.

.

-4-

SB05-246