Laserfiche WebLink
<br />. <br /> <br />~ <br /> <br />. <br /> <br />Second Regular Session <br />Sixty-third General Assembly <br />STATE OF COLORADO <br /> <br />INTRODUCED <br /> <br />LLS NO. 02-0173.01 Bob Lackner <br />Scott, Ragsdale, Swenson, Webs~SORSHIP <br /> <br />HOUSE BILL 02-1110 <br /> <br />SENATE SPONSORSHIP <br /> <br />Tate, and Phillips <br /> <br />House Committees <br />Local Government <br /> <br />Senate Committees <br /> <br />A BILL FOR AN ACT <br /> <br />CONCERNING BONDED INDEBTEDNESS OF METROPOLITAN SEWAGE DISPOSAL DISTRICTS. <br /> <br />Bill Summary <br /> <br />(Note: This summary applies to this bill as introduced and does not necessarily reflect any amendments <br />that may be subsequently adopted.) <br /> <br />Authorizes metropolitan sewage disposal districts that quality for enterprise status in accordance with the <br />"Taxpayer's Bill of Rights" (TABOR) amendment to the state constitution to create bonded indebtedness without <br />first submitting a proposition of issuing such bonds to the electors of the district and having such issuance <br />approved at an election held for such purpose. <br />In the case of bonds issued by metropolitan sewage disposal districts for the purpose offunding any note, <br />where such district qualifies for enterprise status in accordance with the TABOR amendment to the state <br />constitution, clarifies that, notwithstanding any other provision oflaw, any bond to be issued for the pmpose of <br />funding any note by such district may be issued without an election. <br /> <br />Shading denotes HOUSE amendment. Douhle underlining- rlenote~ .':ENATE amendment. <br />Capital letters indicate new material to be added to existing statute. <br />Dashes through the words indicate deletions from existing statute. <br />