Laserfiche WebLink
<br />(2) All assessments under this article shall be collected <br />by the county treasurer of the respective counties in which <br />said real estate is situated at the same time and the same <br />manner as it is now provided by law for the collection of <br />taxes for county and state purposes, and if said assessments <br />are not paid, then the real estate shall be sold at the regu- <br />lar tax sale for the payment of said assessments, interest <br />and penalties in the manner provided by the statutes of the <br />state of Colorado for selling property for the payment of <br />general taxes. If there are no bids at said tax sale for the <br />p~operty so offered said property shall be struck off to the <br />district and the tax certificates shall be issued in the name <br />of the district, and the board of directors shall have the <br />same power with reference to the sale of said tax certificates <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />44 <br /> <br />shall embrace all railroads, tram roads, electric railroads, <br />state and interurban railroads, highways, telephone, tele- <br />graph and transmission lines, water systems, water rights, <br />pipelines, and rights-of-way of public service corporations <br />and all other real property, whether held for public or pri- <br />vate use. <br /> <br />(5) The term "person" as used in this article not other- <br />wise specified, shall be taken to mean a person, firm, part- <br />nership, association or corporation. (l937). <br /> <br />150-7-26. Compensation of directors. - The directors of <br />said district shall receive as compensation a sum not to <br />exceed twenty-five dollars per day while actually engaged <br />in the business of said district, and in addition shall be <br />entitled to their actual traveling and transportation ex- <br />penses when away from their respective places of residence <br />on district business. "(1961). <br /> <br />150-7-27. Annual levy limit. - (1) The district shall <br />have no power of taxation or right to levy or assess taxes, <br />except an annual levy, not exceeding two tenths of a mill on <br />each dollar of the assessed value of property in said dis- <br />trict, as provided in section 150-7-7. The district shall <br />have no power to contract or incur any obligation or indebt- <br />edness except as herein expressly provided, and then any <br />obligation or indebtedness so contracted or incurred is to <br />be payable out of the funds derived through said limited tax <br />and not otherwise, and except that said district for and in <br />behalf of any subdistrict or improvement district created <br />hereunder shall have the right to issue obligations as herein <br />expressly authorized and not otherwise. <br />