§ 31-25-1202 — Legislative declaration

Colorado § 31-25-1202

• Jurisdiction: Colorado
• Title 31: Government
• Art.: Public Improvements

Text

(1) The general assembly declares that
the organization of business improvement districts within municipalities of the
state, having the purposes and powers provided in this part 12, will serve a public
purpose; will promote the health, safety, prosperity, security, and general welfare
of the inhabitants thereof, the property owners therein, and all the people of the
state; will promote the continued vitality of commercial business areas within
municipalities; and will be of special benefit to the property within the boundaries
of any district created pursuant to this part 12.

(2) The general assembly further declares that the creation of business
improvement districts pursuant to this part 12 implements section 18 (1)(d) of article
XIV of the state constitution and is essential to the continued economic growth of
the state.

Legislative History

Source: L. 88: Entire part added, p. 1128, � 1, effective May 6.