Colorado Statutes
§ 32-11-625 — Bond limitations and details
(1)All assessment bonds issued
under this article shall be issued by the treasurer upon estimates of the engineer, or
if bonds are issued after the levy of assessments, in an aggregate principal amount
not exceeding the aggregate amount of unpaid assessments pledged for the
payment of the bonds, and upon order of the board by resolution.
(2)The bonds shall mature in no event after that date which is one year after
the last assessment installment payment date.
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Legislative History
Source: L. 69: p. 795, � 138. C.R.S. 1963: � 89-21-138.
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