§ 37-23-107 — Special assessments - apportionment

Colorado § 37-23-107

• Jurisdiction: Colorado
• Title 37: Water and
• Art.: Assessment for Benefits

Text

(1) The board of
directors, on or before July 1 in each year, shall determine the amount of money
required to meet the current expenses of the coming year, including cost of
construction, maintenance, operating and ordinary expenses, deficiency in the
payment of expenses already incurred, bond interest unpaid, the amount of bonded
indebtedness, and the principal or interest which will fall due during said coming
year, and by resolutions shall order such amount of money to be raised by special
assessment upon the lands of the district, as may be necessary to raise the sum of
money so determined. Such amount shall be apportioned among the several tracts
in the name of the owner when known according to acreage of each and its figure of
this classification on the graduated scale, so that each tract may bear its equal
burden in proportion to benefits.

(2) The board shall make out a special assessment roll, designated in this
article as tax list, setting down in separate columns the owners' names when
known, and when unknown stating unknown, a description of the land, the number
denoting the classification, and the tax: That for current expenses and that for
bonded indebtedness and interest thereon shall be in separate columns. When
completed the list shall be filed with the secretary of the district.

(3) The tax list may be substantially as follows:

SPECIAL ASSESSMENT TAX LIST OF--(here insert name of district).

TAX LEVIED

Bonded

OWNER'S Description No. Current Indebtedness

NAME of Land Classification Expenses and Interest Remarks

Sec. Tp. R. Acres on Scale Dol. Cts.Dol. Cts.

Legislative History

Source: L. 13: p. 257, � 2. C.L. � 2167. CSA: C. 57, � 61. CRS 53: � 47-4-7. C.R.S. 1963: � 47-4-7.