Colorado Statutes
§ 29-3-117 — Application of proceeds
Colorado § 29-3-117
This text of Colorado § 29-3-117 (Application of proceeds) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Colo. Rev. Stat. § 29-3-117 (2026).
Text
(1)The proceeds from the sale of any
bonds shall be applied only for the purpose for which the bonds were issued and if,
for any reason, any portion of such proceeds are not needed for the purpose for
which the bonds were issued, such unneeded portion of the proceeds shall be
applied to the payment of the principal of or the interest on the bonds.
(2)The cost of acquiring any project shall be deemed to include the actual
cost of acquiring a site and the cost of the construction of any part of a project
which may be constructed (including architects' and engineers' fees), the purchase
price of any part of a project that may be acquired by purchase, and all expenses in
connection with the authorization, sale, and issuance of the bonds to finance such
acquisition.
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Legislative History
Source: L. 67: p. 676, � 17. C.R.S. 1963: � 36-24-17.
Nearby Sections
15
§ 29-1-101
Short title§ 29-1-102
Definitions§ 29-1-103
Budgets required§ 29-1-104
By whom budget prepared§ 29-1-105
Budget estimates§ 29-1-106
Notice of budget§ 29-1-107
Objections to budget§ 29-1-110
Expenditures not to exceed appropriation§ 29-1-1101
Definitions§ 29-1-1102
Delinquency charges§ 29-1-111
Contingencies§ 29-1-112
Payment for contingencies§ 29-1-113
Filing of budgetCite This Page — Counsel Stack
Bluebook (online)
Colorado § 29-3-117, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/29/29-3-117.