PROJ00061

• Contract/PO #: C153366
• Contractor Name: Ridges Metropolitan District
• Contract Type: Loan
• Water District: 72
• County: Mesa
• Bill Number: SB 81-439
• Loan Projects - Doc Type: Feasibility Study

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granted to a fire protection district in this article upon the filing
of a resolution to that effect in the district court having juris-
diction, if the fire protection district does not exist within the
boundaries of the water or sanitation district. A fire protection
district, upon approval at an election called for such purpose, may
consolidate with an existing water, sanitation, or metropolitan
district or may exercise the power or authority of a water or sani-
tation district if a water or sanitation district does not exist
within the boundaries of the fire protection district. Before con-
solidation with an existing district, all of the debts of the fire
protection district must be paid and a resolution to such effect
passed by the board and contained in the notice of election for the
purpose of consolidation, which notice shall be published. The elec-
tion shall be handled in the same manner as provided in part 8 of
article 1 of this title. Upon consolidation, all of the assets and
cash of the fire protection district shall become the property of the
district with which it was consolidated. Upon the transfer of said
assets and cash, the board of the fire protection district shall
cease to function and shall be no longer in existence.

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32-3-116. Taxes Generally

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In addition to the other means of providing revenue for such district,
the board has the power to levy and collect ad valorem taxes on or
against all taxable property within the district.

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32-3-117. Levy and Collection

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(1) To levy and collect taxes, the board shall determine in each year
the amount of money necessary to be raised by taxation, taking into
consideration all sources of revenue of the district, and shall fix a
rate of levy which, when levied upon every dollar of the valuation for
assessment of the property within the district and together with other
revenues, will raise the amount required by the district annually to
supply funds for paying the expenses of the organization and the costs
of constructing, operating and maintaining the works and equipment of
the district, and will pay promptly in full, when due, all interest
on and principal of bonds and other obligations of the district. In
the event of accruing defaults and deficiencies, additional revenue may
be made as provided in Section 32-3-118. In the event, however, that
the board of a sewer, water, or metropolitan district divides that
district into areas according to the facilities and services furnished
or to be furnished therein, the board shall determine the amount of
money necessary to be raised by taxation within such area taking into
consideration other sources of revenue within the area and shall fix a
rate of revenue which, when levied upon every dollar of the valuation
for assessment of taxable property within such area of the district,
will supply funds for the payments of the costs of acquiring, opera-
ting, and maintaining the services or facilities furnished in such
area and will pay promptly, when due, the principal or interest on
bonds or other obligations issued and its pro rata share of the general

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