PUB00026

• Year: 1968
• Title: Water Conservation Agencies of The State of Colorado
• CWCB Section: Water Conservation & Drought Planning
• Author: CWCB
• Description: Applicable State statutes and summary information about each water conservation district in the State of Colorado
• Publications - Doc Type: Historical

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under and pursuant to a decree of court and a resolution
of the board of directors authorizing the issues of said
obligations and referring to the date of said resolution.
Said bonds shall further recite that they are payable from
funds to be derived by assessments and tax levies against
the property in said subdistrict and not otherwise, and that
the same are not to be deemed or considered as an obligation
of the Colorado River Water Conservation District but only
as an obligation of said subdistrict, and that the. district
itself is not to be obligated in any manner for the payment
of said bonds. (1937).

150-7-15. Compensation of appraisers. - Appraisers when
appointed under the prOvisions of this article shall receive
a compensation of ten dollars per day during the time that
they are engaged in the performance of their duties. (1937).

150-7-16. Directors may make assessments. - (l) In the
event that the plans for the organization of said district,
including the petition and the decree entered thereon pro-
vide for a plan of financing the construction or acquisition
of the works, or other improvements proposed, by special as-
sessments to be levied against the appraised benefits to
property within said subdistrict, then the board of directors
may make assessments from time to time as required, and said
board in making said assessments, shall be guided by the pro-
cedure for the levy of similar assessments under the conser-
vancy law of the state of Colorado, and particularly the
provisions of said law appearing in sections 29-5-4 to 29-5-6,
and the same shall apply to subdistricts created under this
article. The board of directors from time to time, as the
affairs of the subdistrict may demand, may levy on all prop-
erty upon which benefits have been appraised an assessment
of such portion of said benefits as may be found necessary
by said board to pay the cost of the appraisal, the prepara-
tion and execution of the official plan for said subdistrict,
superintendence of construction and administration during
the period of construction, plus ten per cent of said total
to be added for contingencies, but not to exceed in the total
of principal the appraised benefits so adjudicated.

(2) The said assessments, to be known as the "construc-
tion fund assessment," shall be apportioned to and levied on
each tract of land or other property in said district in
proportion to the benefits appraised and not in excess there-
of, and in case bonds are issued, as provided in section
150-7-17, then the amount of interest which will accrue on