§ 37-43-149 — Collection of taxes

Colorado § 37-43-149

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

Text

Taxes for the payment of interest and
principal of said refunding bonds shall be levied and thereafter collected in the
same manner as provided by law for the levy and collection of taxes for the
payment of interest and principal of an original issue of irrigation district bonds.
Such bonds and coupons shall be receivable in payment of said taxes, as is provided
in the irrigation district law concerning original bond issues. All taxes for interest
shall be kept by the county treasurer as a special fund to be used in the payment of
interest only, and all taxes for the redemption of such refunding bonds shall be
kept by such county treasurer as a special fund to be used for the redemption of
the principal only of such refunding bonds. The revenue laws of this state for the
assessment, levying, and collection of taxes on real estate for county purposes and
the disbursement of such taxes, except as modified by sections 37-43-144 to 37-43-151 or by the irrigation district laws of this state, shall be applicable for the
purposes of sections 37-43-144 to 37-43-151, including the enforcement of
penalties and forfeitures for delinquent taxes; but if in any year a sufficient amount
is not collected for payment in full of principal or interest installments falling due in
such year on any specific piece of property in said irrigation district, the
delinquency on such property shall be included in the next assessment thereafter
levied against said piece of property.

Legislative History

Source: L. 35: p. 675, � 6. CSA: C. 90, � 526. CRS 53: � 149-3-48. C.R.S. 1963: � 150-3-48.