(1)The board shall review each
application for admission to the state system to determine whether the plan and
date of entry specified by the local college district will best promote the orderly
development of higher education and of the applicant institution. The board shall
transmit to the local district college board of trustees any suggested changes in
the plan within ninety days after the date of submission.
(2)When the board has approved the plan and date of entry, it shall forward
the application to the Colorado commission on higher education for its action. The
commission may approve the recommendation of the board. If the commission does
not approve the entry into the state system, the board may require a joint meeting
of the board and the commission to hear the reason
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(1) The board shall review each
application for admission to the state system to determine whether the plan and
date of entry specified by the local college district will best promote the orderly
development of higher education and of the applicant institution. The board shall
transmit to the local district college board of trustees any suggested changes in
the plan within ninety days after the date of submission.
(2) When the board has approved the plan and date of entry, it shall forward
the application to the Colorado commission on higher education for its action. The
commission may approve the recommendation of the board. If the commission does
not approve the entry into the state system, the board may require a joint meeting
of the board and the commission to hear the reasons and to explain the position
taken by the board. After review, the commission may reaffirm its position or take
such other action as it deems appropriate. The board shall notify the local district
college board of trustees of any action taken by the commission under this
subsection (2).
(2.5) After the Colorado commission on higher education has approved the
recommendation of the board, it shall forward such recommendation to the general
assembly. If the general assembly, acting by bill, approves the entry of the district
into the state system, the local district college board of trustees may call a special
election pursuant to subsection (4) of this section. If the general assembly does not
so approve such entry, it shall be deemed rejected, and the district shall not
become a part of the state system.
(3) Except to the extent inconsistent with this part 2, the dissolution election
shall be called, held, and canvassed by the board of trustees in substantially the
same manner as provided for elections authorizing the issuance of local college
district general obligation bonds.
(4) When the Colorado commission on higher education, the board, and the
general assembly have approved the application, the board of trustees shall call a
special election at which only eligible electors of the district may vote. The question
shall be:
Shall the _______ local college district be dissolved, all assets transferred to
the state board for community colleges and occupational education and provision
made for meeting all liabilities as provided in the plan of dissolution by
_______(date)?
Yes ___ No ___.
(5) If a majority of the eligible electors voting vote yes, the board of
trustees and the board shall proceed with the transfer of all assets to the board and
with all necessary steps to meet liabilities pursuant to the approved plan. If revenue
bonds of the district remain outstanding or unpaid, the board as successor to the
board of trustees and to the district shall continuously operate the college, pay
principal and interest, and do all things in such manner as to fulfill the obligations
of the district under existing resolutions and instruments constituting contracts
among the district and bondholders and other contracting parties. Nothing in this
part 2 shall impair or authorize the impairment of any obligation of contract. The
board shall serve ex officio as the board of trustees of the district until all existing
general liabilities, including without limitation all general obligation bonded
indebtedness and the interest thereon but not including revenue bonds, are paid,
and, except as provided in this part 2, the levy required for the payment shall
continue until the payment is made in full. General obligation bonds of a dissolved
district may be refunded in the manner provided in part 6 of this article.