Colorado § 37-48-145 Preliminary fund

Colorado Statutes

§ 37-48-145 — Preliminary fund

Colorado § 37-48-145

Title 37Water and

Art.Rio Grande Water Conservation District

This text of Colorado § 37-48-145 (Preliminary fund) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 37-48-145 (2026).

Text

(1)As soon as any subdistrict has been organized, the board of directors may fix the amount of assessment upon the property within the subdistrict at a level rate to be used for the purpose of paying the expenses of organization, for surveys and plans, and for other incidental expenses that may have been incurred prior to the time when money is received from the sale of bonds or otherwise. Such assessment shall not exceed five mills for every dollar of valuation for assessment of such property unless the petition for creation of the subdistrict and the order for the district court thereon provides for a higher rate. In accordance with the schedule prescribed by section 39-5-128, C.R.S., the amount of assessment for each dollar of valuation for assessment shall be certified to th

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(1) As soon as any subdistrict has been
organized, the board of directors may fix the amount of assessment upon the
property within the subdistrict at a level rate to be used for the purpose of paying
the expenses of organization, for surveys and plans, and for other incidental
expenses that may have been incurred prior to the time when money is received
from the sale of bonds or otherwise. Such assessment shall not exceed five mills
for every dollar of valuation for assessment of such property unless the petition for
creation of the subdistrict and the order for the district court thereon provides for a
higher rate. In accordance with the schedule prescribed by section 39-5-128, C.R.S.,
the amount of assessment for each dollar of valuation for assessment shall be
certified to the boards of county commissioners of the various counties in which the
district, or any portion thereof, is located and by them included in their next annual
levy for state and county purposes. Said amount shall be collected for the use of
such subdistrict in the same manner as are taxes for county purposes, and the
revenue laws of the state for the levy and collection of ad valorem taxes on real
estate for county purposes, except as modified in this article, shall be applicable
for the levy and collection of the amount certified by the directors of such district
as aforesaid, including the enforcement of penalties and forfeiture for delinquent
taxes.

(2) All collections made by the county treasurer pursuant to such levy shall
be paid to the treasurer of the district on or before the tenth day of the next
succeeding calendar month. If such items of expense have already been paid in
whole or in part from moneys advanced by the district for subdistrict use or from
other sources, they may be repaid from the receipts of such levy, and such levy may
be made even though the work proposed may have been found impracticable or for
other reasons may have been abandoned. The information collected by the
necessary surveys, the appraisal of benefits and damages, and other information
and data are declared to constitute benefits for which an assessment may be
levied. In case a district is dissolved or abandoned for any cause whatsoever before
the work is constructed, the data, plans, and estimates which have been secured
shall be filed with the clerk of the court in which the district was organized and
shall be matters of public record available to any person interested.

Legislative History

Source: L. 75: Entire section added, p. 1382, � 7, effective July 18. L. 87: (1) amended, p. 1410, � 12, effective April 22. L. 2007: (1) amended, p. 1277, � 11, effective May 25.