§ 24-32-303 — Authority and responsibility of the director

(1) In furtherance
of the policy expressed in section 24-32-302, the director, acting under the
authority of the governor, has the following powers:

(a) Creation, within the appropriations and allocations given by the general
assembly or the governor, of such subdivisions and positions within the division as
the director may deem necessary to fulfill his responsibilities;

(b) Contracting, in accordance with existing law, for those services and
materials required by the activities of the division;

(c) Promulgation of such rules and regulations as may be necessary to
effectuate the purposes of the division;

(d) Expenditure of state funds, within the appropriations, allocations, and
directives of the general assembly or the governor, for the encouragement and
stimulation of local planning, promotion, and development activities;

(e) Any other authority, consistent with the purposes for which the division
was created, which is reasonably necessary for the fulfillment of the assigned
responsibilities.

(2) In furtherance of the policy expressed in section 24-32-302, the director
has the following responsibilities:

(a) Development, promotion, and coordination of long-range plans for the
economic development of the state;

(b) Stimulation and guidance of area redevelopment plans in those areas of
the state with declining economies;

(c) Development and expansion of foreign and domestic markets for
Colorado products;

(d) Conduct of a program to achieve a balance between commerce, industry,
agriculture, professions, and the labor market in order to provide employment and
economic well-being for all the people of Colorado, with particular emphasis on
those rural and lesser populated areas of the state which desire to receive such
assistance;

(e) and (f) Repealed.

(g) Conduct of a state economic research and information center for the use
of state and local governmental agencies, private industry, labor, the professions,
and other groups, both in and out of the state, interested in the economy of the
state;

(h) Coordination and stimulation of and assistance to the efforts of
governmental and private agencies engaged in the planning and development of a
balanced economy for Colorado;

(i) Cooperation with the federal government and the other state
governments to encourage such joint planning, agreements, and compacts as
would serve the purposes of the division;

(j) Acceptance and administration of federal grant-in-aid funds and state
trust funds devoted to state development and promotional activities;

(k) Representation of the governor in matters pertaining to the economic
development of the state.

Legislative History

Source: L. 63: p. 143, � 3. C.R.S. 1963: � 3-18-3. L. 67: p. 468, � 12. L. 72: pp. 139, 140, �� 2, 3. L. 83: (2)(e) and (2)(f) repealed, p. 917, � 4, effective July 1.