Colorado § 24-115-103 Definitions

Colorado Statutes

§ 24-115-103 — Definitions

Colorado·Title 24 Government·Art. Financing of Critical State Needs

As used in this article, unless the context otherwise requires:

(1)Board means the board of directors of the critical needs financing corporation.

(2)Commission means the transportation commission created in section 43-1-106 (1), C.R.S.

(3)Corporation means the critical needs financing corporation created in section 24-115-104 (1).

(4)Department means the department of transportation created in section 43-1-103 (1), C.R.S.

(5)Excess state revenues means revenues collected by the state during any state fiscal year in excess of the limitation on state fiscal year spending calculated pursuant to section 20 (7)(a) of article X of the state constitution and article 77 of this title.

(6)Executive director means the executive director of the department.

(7)Issuing authority

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As used in this article, unless the context otherwise
requires:

(1) Board means the board of directors of the critical needs financing
corporation.

(2) Commission means the transportation commission created in section
43-1-106 (1), C.R.S.

(3) Corporation means the critical needs financing corporation created in
section 24-115-104 (1).

(4) Department means the department of transportation created in section
43-1-103 (1), C.R.S.

(5) Excess state revenues means revenues collected by the state during
any state fiscal year in excess of the limitation on state fiscal year spending
calculated pursuant to section 20 (7)(a) of article X of the state constitution and
article 77 of this title.

(6) Executive director means the executive director of the department.

(7) Issuing authority means the department with respect to notes issued to
finance transportation projects and the corporation with respect to notes issued for
any other purpose.

(8) Notes means voter-approved critical needs notes authorized to be
issued in accordance with section 24-115-110 (1).

(9) Transportation projects means projects identified and approved as
strategic transportation projects included in the strategic transportation project
investment program of the department by resolution of the commission, which
resolution may be amended by further resolution.

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