§ 43-4-503 — Definitions

Colorado § 43-4-503

• Jurisdiction: Colorado
• Title 43: Transportation
• Art.: Financing

Text

As used in this part 5, unless the context otherwise
requires:

(1) Authority means a body corporate and political subdivision of the state
created pursuant to this part 5.

(2) Board means the board of directors of an authority.

(3) Bond means any bond, note, interim certificate, contract, or other
evidence of indebtedness of an authority authorized by this part 5.

(4) Combination means any two or more municipalities, two or more
counties, or one or more municipalities and one or more counties. In addition,
combination may include the state to the extent authorized by section 43-4-504
(4).

(5) Construct or construction means the planning, designing,
engineering, acquisition, installation, construction, and reconstruction of public
highways.

(6) County means any county organized under the laws of the state,
including any city and county.

(7) Division means the division of local government in the department of
local affairs.

(8) Governmental unit means the state or any political subdivision thereof
located in a metropolitan region, except school districts or authorities.

(9) Metropolitan region means an area which is designated a consolidated
metropolitan statistical area by the federal office of management and budget and
has a population in excess of one million persons.

(10) Municipality has the same meaning as that provided in section 31-1-101,
C.R.S.

(11) Person means any natural person, corporation, partnership, association,
or joint venture, the United States of America, or any governmental unit.

(12) Public highway means a beltway or other transportation improvement
located in a metropolitan region which shall be an expressway which generally
circumscribes a metropolitan region and will be primarily utilized for major traffic
movement at higher traffic speeds. A public highway may, as the board determines,
consist of improvements, including, but not limited to, paving, grading, landscaping,
curbs, gutters, culverts, sidewalks, bikeways, lighting, bridges, overpasses,
underpasses, rail crossings, frontage roads, access roads, interchanges, drainage
facilities, mass transit lanes, park-and-ride facilities, toll collection facilities,
service areas, administrative or maintenance facilities, gas, electric, water, sewer,
and other utilities located or to be located in the right-of-way for a public highway,
and other real or personal property, including easements, rights-of-way, and other
interests therein, relating to the financing, construction, operation, or maintenance
of a public highway.

(13) Revenues means any tolls, fees, rates, charges, assessments, grants,
contributions, or other income and revenues received by the authority.

(14) Sales taxes means, for the purposes of section 43-4-508, county or
municipal sales and use taxes levied and collected within a value capture area.

(15) State means the state of Colorado or any of its agencies.

Legislative History

Source: L. 87: Entire part added, p. 1844, � 1, effective August 27. L. 96: (13) and (14) amended, p. 35, �2, effective March 18. L. 2000: (12) amended, p. 472, � 1, effective August 2.