§ 43-4-507 — Local improvement districts

The board may establish local
improvement districts within the boundaries of the authority to facilitate the
financing, construction, operation, or maintenance of public highways within or
without the boundaries of the authority. Such local improvement districts may be
established by the board whenever any area within the boundaries of the authority,
in the opinion of the board, will be especially benefited by the financing,
construction, operation, or maintenance of such public highway. No local
improvement district shall be established by the board unless it receives a petition
signed by the owners of property which will bear a majority of the proposed
assessments and by a petition signed by the lesser of a majority of the registered
electorate in the proposed district or one thousand registered electors in the
proposed district. The method of creating local improvement districts, making the
improvements, and assessing the costs thereof shall be as provided in part 6 of
article 20 of title 30, C.R.S.; except that the board shall perform the duties of the
board of county commissioners thereunder and the improvements shall be public
highways as defined by section 43-4-503 (12).

Legislative History

Source: L. 87: Entire part added, p. 1850, � 1, effective August 27.