§ 43-4-505 — Board of directors

Colorado § 43-4-505

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

Text

(1) (a) All powers, privileges, and duties
vested in or imposed upon the authority shall be exercised and performed by and
through the board. The board, by resolution, may delegate any of the powers of the
board to any of the officers or agents of the board; except that, to ensure public
participation in policy decisions, the board shall not delegate the following:

(I) Adoption of board policies and procedures;

(II) Approval of final roadway alignments;

(III) Ratification of acquisition of land by negotiated sale;

(IV) Instituting an eminent domain action, which may be at a public hearing or
in executive session;

(V) Initiating or continuing legal action, not including traffic or toll violations;
and

(VI) Establishment of fee policies.

(b) The board shall promulgate and adhere to policies and procedures that
govern its conduct and provide meaningful opportunities for public input. Such
policies shall include standards and procedures for calling an emergency meeting.

(2) Any member of the board shall disqualify himself from voting on any
issue with respect to which he has a conflict of interest, unless such member has
disclosed such conflict of interest in compliance with section 18-8-308, C.R.S.

(3) The board, in addition to all other powers conferred by this part 5, has the
following powers:

(a) To adopt bylaws;

(b) To fix the time and place of meetings, whether within or without the
boundaries of the authority, and the method of providing notice of the meetings;

(c) To make and pass orders and resolutions necessary for the government
and management of the affairs of the authority and the execution of the powers
vested in the authority;

(d) To adopt and use a seal;

(e) To maintain offices at such place or places as it may designate;

(f) To appoint, hire, and retain employees, agents, engineers, attorneys,
accountants, financial advisors, investment bankers, and other consultants;

(g) To prescribe methods for auditing and allowing or rejecting claims and
demands and methods for the letting of contracts for the construction of
improvements, works, or structures, for the acquisition of equipment, or for the
performance or furnishing of such labor, materials, or supplies as may be required
for carrying out the purposes of this part 5; and

(h) To appoint advisory committees and define the duties thereof.

Legislative History

Source: L. 87: Entire part added, p. 1847, � 1, effective August 27. L. 2002: (1) amended, p. 402, � 4, effective August 7.