Colorado § 37-25-101 Bond issue - purposes - election

Colorado Statutes

§ 37-25-101 — Bond issue - purposes - election

Colorado·Title 37 Water and·Art. Bonds

For the purpose of
constructing a drainage system and necessary works for any drainage district and
acquiring the necessary property and rights therefor, of paying the first year's
interest upon the bonds authorized in this article, and of otherwise carrying out the
provisions of articles 20 to 30 of this title, the board of directors of any drainage
district may estimate and determine the amount of money necessary to be raised
for such purposes and is empowered to call a special election to determine whether
or not bonds of said district shall be issued in the amount so determined.

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For the purpose of
constructing a drainage system and necessary works for any drainage district and
acquiring the necessary property and rights therefor, of paying the first year's
interest upon the bonds authorized in this article, and of otherwise carrying out the
provisions of articles 20 to 30 of this title, the board of directors of any drainage
district may estimate and determine the amount of money necessary to be raised
for such purposes and is empowered to call a special election to determine whether
or not bonds of said district shall be issued in the amount so determined.

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