Colorado Statutes
§ 37-26-111 — Assessment to pay bonds and interest
The refunding bonds and
interest thereon shall be paid from annual assessments levied upon the real
property within the district, and such real property shall be and remain liable to be
assessed for such payments. Except when refunding bonds are issued for unpaid
matured interest, no existing lien or liability created by an original issue of bonds
shall be increased by issuing bonds to refund such original bonds. The board of
directors of any district issuing refunding bonds shall take the same steps and
adopt the same proceedings with respect to ordering and certifying such annual
assessments, and county officers shall collect and enforce the same in the same
manner as provided by law for the levy, certification, and collection of assessments
for the payment of bonds refunded an
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Legislative History
Source: L. 33: p. 458, � 8. CSA: C. 57, � 105. CRS 53: � 47-7-11. C.R.S. 1963: �
47-7-11.
Nearby Sections
15
§ 37-1-101
Short title§ 37-1-102
Definitions§ 37-1-103
Liberal construction§ 37-1-104
Removal of officials for cause§ 37-1-105
Remedy by mandamus§ 37-1-106
Early hearings§ 37-1-107
Correction of faulty notices§ 37-1-108
Short forms and abbreviations§ 37-1-109
Repeal - saving clause§ 37-2-102
Petition§ 37-2-103
Bond of petitioners§ 37-2-104
Notice of hearing on petition§ 37-20-101
Legislative declaration