Colorado § 37-50-111 Limitations on power to levy and contract

Colorado Statutes

§ 37-50-111 — Limitations on power to levy and contract

Colorado·Title 37 Water and·Art. Republican River Water Conservation District

(1)The district has no power of taxation or right to levy or assess taxes pursuant to section 37-50-109, except an annual levy. The district has no power to contract or incur any obligation or indebtedness except as expressly provided in this article.

(2)Before July 1, 2024, all property taxes and assessments under this article 50 shall be collected by the county treasurers of the respective counties in which real estate is situated at the same time and in the same manner as is provided by law for the collection of taxes for county and state purposes, and, if the assessments are not paid, the real estate shall be sold at regular tax sales for the payment of the assessments, interest, and penalties in the manner provided by the laws of this state for selling property for the pay

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(1) The district has no
power of taxation or right to levy or assess taxes pursuant to section 37-50-109,
except an annual levy. The district has no power to contract or incur any obligation
or indebtedness except as expressly provided in this article.

(2) Before July 1, 2024, all property taxes and assessments under this article
50 shall be collected by the county treasurers of the respective counties in which
real estate is situated at the same time and in the same manner as is provided by
law for the collection of taxes for county and state purposes, and, if the
assessments are not paid, the real estate shall be sold at regular tax sales for the
payment of the assessments, interest, and penalties in the manner provided by the
laws of this state for selling property for the payment of general taxes. If there are
no bids at the tax sales for the property so offered, the tax certificates shall be
issued in the name of the district; and the board has the same power with reference
to the sale of the tax certificates as is now vested in county commissioners and
county treasurers when a tax certificate is issued in the name of a county.

(3) Before July 1, 2024, tax deeds may be issued, based upon the certificates
of sale, in the same manner that deeds are executed on tax sales on general state
and county taxes.

(4) Notwithstanding any law to the contrary, on or after July 1, 2024, the
district or a county treasurer shall follow the procedures established in article 11.5
of title 39 and shall not follow the procedures established in this section or article
11 of title 39 concerning the sale or striking off of property to the district or the
issuance of a certificate of sale or tax deed. Notwithstanding any law to the
contrary, on or after July 1, 2024, a lot or parcel of land shall not be struck off to the
district and a tax certificate or tax deed shall not be issued pursuant to this section
or article 11 of title 39 to the extent such actions would be inconsistent with the
requirements of article 11.5 of title 39.

Colorado § 37-50-111 (Limitations on power to levy and contract) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 2004: Entire article added, p. 1914, � 1, effective August 4. L. 2024: (2) and (3) amended and (4) added, (HB 24-1056), ch. 165, p. 811, � 25, effective July 1.