§ 25-25-102 — Legislative declaration

Colorado § 25-25-102

• Jurisdiction: Colorado
• Title 25: Public
• Art.: Colorado Health Facilities Authority

Text

(1) The general assembly hereby finds
and declares that, for the benefit of the people of the state of Colorado and the
improvement of their health, welfare, and living conditions:

(a) It is essential that the people of this state have adequate medical care
and health facilities;

(b) It is important that medical care and health facilities are made readily
available by networks and organizations of health institutions, whether such
networks and organizations are located within the state of Colorado or have
facilities located both within and outside the state of Colorado;

(c) It is a benefit to the people of the state of Colorado to serve such
multistate institutions, as such service will create health-care-related employment
opportunities;

(d) It is essential that health institutions that have headquarters in Colorado
or that operate or manage health facilities in Colorado, and affiliates of such health
institutions, be provided with appropriate additional means to assist in the
development and maintenance of public health, health care, hospitals, and related
facilities wherever such health institutions are located in order that they can
provide more adequate medical care and health facilities to the people of Colorado;

(e) It is the purpose of this article to provide a measure of assistance to
enable health institutions in the state to refund or refinance outstanding
indebtedness incurred for health facilities and to provide additional facilities and
structures that are greatly needed to accomplish the purposes of this article; and

(f) The exemption of bonds and notes issued pursuant to this article from all
taxation and assessments in the state of Colorado benefit only the residents of the
state of Colorado.

(2) It is the intent of the general assembly to create the Colorado health
facilities authority to lend money to health institutions and to authorize the
authority to acquire, construct, reconstruct, repair, alter, improve, extend, own,
lease, and dispose of properties so that the authority may be able to promote the
health and welfare of the people of this state and develop health-care-related
employment opportunities for the people of this state. In enacting this article, it is
the intent of the general assembly to vest the authority with the powers necessary
to accomplish these purposes. However, it is not the intent of the general assembly
to authorize the authority to operate a health facility.

(3) This article shall be liberally construed to accomplish the intentions
expressed in this section.

Legislative History

Source: L. 77: Entire article added, p. 1304, � 1, effective July 1. L. 97: Entire section amended, p. 418, � 1, effective August 6. L. 2007: Entire section amended, p. 410, � 1, effective August 3.