§ 32-11.5-509 — Creation of improvement district

Colorado § 32-11.5-509

• Jurisdiction: Colorado
• Title 32: Special
• Art.: Fountain Creek Watershed, Flood Control,

Text

(1) When an accurate
estimate of cost, full and detailed plans and specifications, and the map and
assessment plat are prepared, presented, and are satisfactory to the board,
regardless of whether the preliminary estimate of cost, plans and specifications,
and map and assessment plat are modified pursuant to section 32-11.5-508 and any
required election has been held, the board shall by resolution create the
improvement district and order the proposed project to be acquired, constructed, or
improved.

(2) The resolution shall prescribe:

(a) The extent of the improvement district and of any assessment within the
improvement district by boundaries or by other brief description;

(b) The kind and location of each proposed project;

(c) The amount or the proportion of the total cost to be defrayed by special
assessments, the method of levying special assessments, the number of
installments, and the times at which special assessments will be payable; and

(d) The character and the extent of any construction units pursuant to
section 32-11.5-508 (3).

(3) The engineer may further revise the cost, plans and specifications, and
the map and assessment plat for all or any part of a project, and the board may
amend the resolution creating the improvement district accordingly prior to letting
any construction contract and prior to any property being acquired or any work
being done other than by independent contract let by the district.

Legislative History

Source: L. 2009: Entire article added, (SB 09-141), ch. 194, p. 869, � 1, effective April 30.