Colorado § 37-32-101 Legislative declaration

Colorado Statutes

§ 37-32-101 — Legislative declaration

Colorado·Title 37 Water and·Art. Bankruptcy of Districts

The general assembly declares that this
article is necessary by reason of general economic conditions now prevailing in the
agricultural sections of this state. Said conditions make it impossible for the owners
of land in many such districts to pay the general and special taxes and assessments
levied against their property. As a result thereof the delinquencies seriously affect
the ability of counties and other governmental agencies in which such districts are
located to obtain the revenue necessary to conduct governmental functions. The
relief afforded to such districts by this article is urgently necessary in order to
permit the performance of local governmental functions of the state in those
sections thereof in which such districts are located.

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The general assembly declares that this
article is necessary by reason of general economic conditions now prevailing in the
agricultural sections of this state. Said conditions make it impossible for the owners
of land in many such districts to pay the general and special taxes and assessments
levied against their property. As a result thereof the delinquencies seriously affect
the ability of counties and other governmental agencies in which such districts are
located to obtain the revenue necessary to conduct governmental functions. The
relief afforded to such districts by this article is urgently necessary in order to
permit the performance of local governmental functions of the state in those
sections thereof in which such districts are located.

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