§ 29-4-122 — Tax exemptions

Colorado § 29-4-122

• Jurisdiction: Colorado
• Title 29: Government
• Art.: Housing

Text

(1) In connection with any housing project, the
city shall be exempt from the payment of any taxes or fees to the state or any
subdivision thereof, or to any officer or employee of the state or any subdivision
thereof. The property of the city constituting a part of any housing project shall be
exempt from all taxes. Bonds, notes, debentures, and other evidences of
indebtedness of a city issued under this article are declared to be issued for a
public purpose and to be public instrumentalities and, together with interest
thereon, shall be exempt from taxes.

(2) A city is also exempt from the payment of any special assessments to the
state or any subdivision thereof which it otherwise would be required to pay
because of its ownership of a housing project. The property of a city used for
housing purposes shall be exempt from all local and municipal special
assessments. All property leased to the city for housing purposes shall likewise be
exempt from special assessments.

Legislative History

Source: L. 35: p. 521, � 24. CSA: C. 82, � 27. L. 37: p. 665, � 6. CRS 53: � 69-2-22. C.R.S. 1963: � 69-2-22.