Colorado § 37-25-106 Additional bonds - election - priority

Colorado Statutes

§ 37-25-106 — Additional bonds - election - priority

Colorado·Title 37 Water and·Art. Bonds

When the money provided
by any previous issue of bonds has become exhausted by authorized expenditures
and it becomes necessary to raise additional money for such purposes, additional
bonds may be issued by submitting the question at a special election to the
qualified voters of said district and otherwise complying with the provisions of this
article in respect to an original issue of bonds. The lien for taxes, for the payment of
the interest and principal of any previous bond issue, shall be a prior lien to that of
any subsequent bond issue.

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When the money provided
by any previous issue of bonds has become exhausted by authorized expenditures
and it becomes necessary to raise additional money for such purposes, additional
bonds may be issued by submitting the question at a special election to the
qualified voters of said district and otherwise complying with the provisions of this
article in respect to an original issue of bonds. The lien for taxes, for the payment of
the interest and principal of any previous bond issue, shall be a prior lien to that of
any subsequent bond issue.

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