(1) The service authority shall be a body
corporate and a political subdivision of the state, and the board has the following
general powers:
(a) To have and use a corporate seal;
(b) To sue and be sued and be a party to suits, actions, and proceedings; the
provisions of the Colorado Governmental Immunity Act, as set forth in article 10 of
title 24, C.R.S., shall be applicable to any service authority formed under this article;
(c) To enter into contracts and agreements affecting the affairs of the
service authority and to accept all funds resulting therefrom pursuant to the
provisions and limitations of part 2 of article 1 of title 29, C.R.S.;
(d) To contract with private persons, associations, or corporations for the
provision of any service within or without its boundaries and to accept all funds and
obligations resulting therefrom;
(e) To borrow money and incur indebtedness and other obligations and to
evidence the same by certificates, notes, or debentures and to issue general
obligation or revenue bonds, or any combinations thereof, in accordance with the
provisions of this article;
(f) To refund any bonded or other indebtedness or special obligations of the
service authority without an election in accordance with the provisions and
limitations of this article;
(g) To acquire, dispose of, and encumber real and personal property,
including, without limitation, rights and interests in property, including leases and
easements, necessary to accomplish the purposes of the service authority;
(h) To acquire, construct, equip, operate, and maintain facilities to
accomplish the purposes of the service authority;
(i) To have the management, control, and supervision of all the business
affairs and properties of the service authority and in any case in which it acquires
two or more facilities, the authority may use differential prices which reflect
differential equities, liabilities, and operating costs for not exceeding thirty years;
(j) To hire and retain agents, employees, engineers, attorneys, and financial
or other consultants and to provide for the powers, duties, qualifications, and terms
of tenure thereof;
(k) To have and exercise the powers of eminent domain to take any private
property necessary to the exercise of the powers granted, both within and without
the service authority, in the manner provided by law for the condemnation of private
property for public use;
(l) To construct, establish, and maintain works and facilities in, across, or
along any easement dedicated to a public use, or any public street, road, or
highway, subject to the provisions of section 32-7-116, and in, upon, or over any
vacant public lands, which public lands are now, or may become, the property of the
state of Colorado, and to construct, establish, and maintain works and facilities in,
across, or along any stream of water or watercourse;
(m) (I) To provide for the revenues and ad valorem taxes needed to finance
the service authority, subject to the limitations of this article, to fix and from time to
time increase or decrease, and collect rates, fees, tolls, and other service charges
pertaining to the services of the service authority, including without limitation
minimum charges and charges for availability of the facilities or services relating
thereto; to pledge such revenues for the payment of securities; and to enforce the
collection of such revenues by civil action or by any other means authorized by law;
(II) To levy, collect, and cause to be collected ad valorem taxes and other
revenues, including rates, fees, tolls, and charges, fixed within the boundaries of
any special taxing district within the service authority as provided in this article;
(III) To levy, collect, and cause to be collected special assessments fixed
against specially benefited real property in any improvement district within the
service authority as provided in this article;
(n) To adopt and amend bylaws setting forth rules of procedure for the
conduct of its affairs and providing for the administrative organization and
structure, including provisions for delegation of powers and functions of the service
authority, consistent with section 17 of article XIV of the state constitution and with
this article;
(o) To adopt by resolution, and enforce, pursuant to section 32-7-115,
regulations not inconsistent with state law which are necessary, appropriate, or
incidental to any authorized service provided by the service authority;
(p) (I) To plan for the territory within the service authority, including the
review of all comprehensive plans of local governments located within the
boundaries of the service authority;
(II) To review all capital construction or other federal grant-in-aid projects
proposed by any local governmental entity within the boundaries of the service
authority and for which review is required by federal or state law;
(q) To appoint citizen advisory committees to assist and advise with respect
to services and powers of the service authority;
(r) To accept on behalf of the service authority gifts, grants, and
conveyances upon such terms and conditions as the board may approve;
(s) To have and exercise all rights and powers necessary or incidental to or
implied from the powers granted in this article.