Colorado Statutes
§ 32-9-150 — Election resolution
(1)The board shall call any election by
resolution adopted at least thirty days prior to the election. The resolution shall
recite:
(a)The objects and purposes of the election for which the indebtedness is
proposed to be incurred;
(b)The estimated cost;
(c)How much, if any, of said estimated cost is to be defrayed out of any
federal grant or money other than that received from indebtedness to be incurred;
(d)The estimated additional annual cost of operation and maintenance of
any facility, the acquisition of which the indebtedness, in whole or in part, is to be
incurred;
(e)The amount of principal of the indebtedness to be incurred therefor, and
the maximum net effective interest rate to be paid on such indebtedness;
(f)The date upon which the election shall be held; an
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Legislative History
Source: L. 69: p. 727, � 1. C.R.S. 1963: � 89-20-51. L. 70: p. 296, � 110. L. 92: IP(1), (1)(f), (2), and (3) amended and (1)(g) added, p. 911, � 165, effective January 1,
1993.
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Early hearings