Colorado § 30-20-627 Local improvements completed - dissolution

Colorado Statutes

§ 30-20-627 — Local improvements completed - dissolution

Colorado·Title 30 Government·Art. Public Improvements

When the local improvements specified in the preliminary order referred to in section 30-20-603

(5)and specified in the resolution authorizing the improvements have been completed and any debt incurred or bonds issued have been paid, the board shall take all steps necessary to dissolve the district and, upon completion of such steps, shall declare, by resolution, that the district is dissolved; except that this requirement does not apply to a district formed for the purposes authorized in section 30-20-603 (11.5). Upon dissolution, any moneys remaining to the credit of such district that have not been transferred to a special surplus and deficiency fund as permitted in section 30-20-619 (3) may be used for any county purpose as determined by the board, including, without limitat

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When the local
improvements specified in the preliminary order referred to in section 30-20-603
(5) and specified in the resolution authorizing the improvements have been
completed and any debt incurred or bonds issued have been paid, the board shall
take all steps necessary to dissolve the district and, upon completion of such steps,
shall declare, by resolution, that the district is dissolved; except that this
requirement does not apply to a district formed for the purposes authorized in
section 30-20-603 (11.5). Upon dissolution, any moneys remaining to the credit of
such district that have not been transferred to a special surplus and deficiency fund
as permitted in section 30-20-619 (3) may be used for any county purpose as
determined by the board, including, without limitation, the reimbursement to the
county of any county moneys spent to provide any portion of the costs of the local
improvements completed within the dissolved district.

Colorado § 30-20-627 (Local improvements completed - dissolution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 87: Entire section added, p. 1215, � 11, effective May 7. L. 2002: Entire section amended, p. 272, � 11, effective August 7. L. 2010: Entire section amended, (SB 10-100), ch. 207, p. 903, � 6, effective May 5.