§ 37-43-133 — Meeting of landowners

Colorado § 37-43-133

• Jurisdiction: Colorado
• Title 37: Water and
• Art.: Irrigation Districts of 1905 and 1921

Text

Whenever the board of directors of any
irrigation district proposes to issue negotiable coupon general obligation bonds of
the district for one or more of said purposes, it shall call a meeting of the owners of
land in the district, at which meeting the question of issuing such bonds shall be
submitted. Notice of such meeting shall be given by publication once a week in five
consecutive weekly issues of an official newspaper published nearest the center of
the district, and the secretary of the board, not later than five days after the first
publication of said notice, shall mail a copy of said notice, postage prepaid, to each
owner of land within the district. In determining who are owners of land in the
district the secretary may rely upon the records on file in the office of the county
clerk and recorder of the county in which the district is located. Such notice shall
designate the time and place of meeting, not less than thirty days after the first
publication of the notice, the purpose and the amount of bonds proposed to be
issued, the maximum rate of interest thereon not exceeding six percent per annum
payable semiannually, and the time during which the bonds shall mature not
exceeding twenty-five years.

Legislative History

Source: L. 33-34, 2nd Ex. Sess.: p. 58, � 2. CSA: C. 90, � 513. CRS 53: � 149-3-32. C.R.S. 1963: � 150-3-32.