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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45

as is vested in county commissioners and county treasurers
when property is struck off to the counties.

(3) Tax deeds may be issued, based upon said certificates
of sale in the same manner that deeds are executed on tax sales
on general state and county taxes. (1937).

150-7-28. Investment of surplus funds. - The board of
directors of said district may invest any surplus funds of
the district, including any funds in the "construction fund
assessment" not needed for immediate use to pay the cost of
construction of any project in anyone of the subdistricts or
to pay bonds or coupons or to meet current expenses, in inter-
est bearing bonds or securities of the United States or of
any agency of the United States if the bonds are guaranteed
by the United States, or in the bonds of the state of Colorado
or any county or municipal corporation in said state. The
board of directors of said district may require any funds of
the district, or of any subdistrict, to be deposited with such
depository or bank as may be designated by the board, and
shall likewise have authority to require the treasurer of the
district to take from such depository a bond with corporate
surety to insure payment of any such deposit, or to require
such depository to pledge securities of the same kind as
those in which the district is authorized to invest its funds
to insure payment of any such deposit. (1937).

150-7-29. Sinkinq fund. - Such district may provide for
a sinking fund for the ultimate payment of any of the obliga-
tions of any subdistrict. Said sinking fund may be invested
as provided in section 150-7-28. (1937).

l50-7-30. District rules and requlations. - The district
shall have the power and authority to make general rules and
regulations for the conduct of its business, as well as the
conduct of the business of any subdistrict therein, and by
such rules and regulations may provide for the rental of water
or other services which are to be furnished by said subdis-
trict, to any municipality, public irrigation district or
irrigation district or other quasi-municipal corporation in
this state, and to make contracts for the payment of the
rental to be charged for any such water or services. (1937),

l50-7-3l. Court to ratify contracts. - (1) The board of
directors of said district at any time may apply to the court
within Which any subdistrict was organized to ratify and con-
firm any contract, or proposed issue of revenue warrants,