Colorado Statutes
§ 32-14-129 — Sale of real and personal property of district
Upon completion
of the construction of a stadium pursuant to the provisions of this article, the board
shall make a good faith effort to sell the real and personal property of the district,
including the stadium, to any qualified buyer. The board shall establish criteria to
determine qualified buyers. The board shall not accept any offer from any qualified
buyer for such real and personal property of the district for an amount less than the
total amount of outstanding obligations of the district or the amount of sales tax
revenues used by the board to acquire a site for a stadium and to construct a
stadium, whichever is greater.
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Legislative History
Source: L. 89: Entire article added, p. 1339, � 1, effective June 2.
Nearby Sections
15
§ 32-1-1001
Common powers - definitions§ 32-1-1003
Health service districts - additional powers§ 32-1-1009
Regional tourism projects§ 32-1-101
Short title§ 32-1-102
Legislative declaration§ 32-1-103
Definitions§ 32-1-104.8
Information statement regarding taxes and debt§ 32-1-106
Repetitioning of elections - time limits§ 32-1-107
Service area of special districts§ 32-1-108
Correction of faulty notices§ 32-1-109
Early hearings