Colorado Statutes

§ 37-5-102 — Preliminary fund

Colorado·Title 37 Water and·Art. Financial Administration
(1)As soon as any district has been organized under articles 1 to 8 of this title and a board of directors has been appointed and qualified, such board has the authority to fix the amount of an assessment upon the property within the district not to exceed one mill for every dollar of valuation for assessment thereof as a level rate to be used for the purpose of paying the expenses of organization, for surveys and plans, for other incidental expenses which may have been incurred prior to the time when money is received from the sale of bonds or otherwise, and for the general administration of the district. 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 o

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Legislative History

Source: L. 22: p. 44, � 42. C.L. � 9556. CSA: C. 138, � 167. CRS 53: � 30-5-2. C.R.S. 1963: � 29-5-2. L. 81: (1) amended and (3) added, p. 1751, � 4, effective May 28. L. 87: (1) amended, p. 1408, � 7, effective April 22.

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