S.B. 02-214 Moffat tunnel. Relocates statutory provisions concerning the Moffat tunnel improvement district and the Moffat tunnel commission from part 29 of article 32 of title 24, Colorado Revised Statutes, to article 8 of title 32, Colorado Revised Statutes, so that statutory provisions governing the Moffat tunnel will be primarily governed by the provisions of article 8 of title 32, Colorado Revised Statutes.
APPROVED by Governor June 1, 2002
EFFECTIVE August 7, 2002
NOTE: This act was passed without a safety clause. For further explanation concerning the effective date, see page vi
of this digest.
H.B. 02-1110 Metropolitan sewage disposal districts - enterprises - creation of bonded indebtedness or issuance of bonds to fund notes without TABOR elections. Authorizes metropolitan sewage disposal districts that qualify for enterprise status in accordance with the "Taxpayer's Bill of Rights" (TABOR) amendment to the state constitution to create bonded indebtedness without first submitting a proposition of issuing such bonds to the electors of the district and having such issuance approved at an election held for such purpose.
In the case of bonds issued by metropolitan sewage disposal districts for the purpose of funding any note, where such district qualifies for enterprise status in accordance with the TABOR amendment to the state constitution, clarifies that, notwithstanding any other provision of law, any bond to be issued for the purpose of funding any note by such district may be issued without an election.
APPROVED by Governor March 21, 2002
EFFECTIVE August 7, 2002
NOTE: This act was passed without a safety clause. For further explanation concerning the effective date, see page vi
of this digest.
H.B. 02-1465 Division of a special district into subdistricts. In connection with the division of a special district into subdistricts, specifies that any area so created shall be a subdistrict of the special district. Specifies that said subdistrict shall be an independent quasi-municipal corporation, shall act pursuant to the provisions of the existing statutory article governing special districts, and shall possess all of the rights, privileges, and immunities of a special district.
Provides that the board of the special district shall constitute ex officio the board of directors of the subdistrict, the presiding officer of the board shall be ex officio the presiding officer of the subdistrict, the secretary of the board shall be ex officio the secretary of the subdistrict, and the treasurer of the board shall be ex officio the treasurer of the subdistrict. For the purposes of complying with existing statutory provisions, specifies that the debt of the subdistrict shall be treated separately from the debt of the special district and shall not be treated as debt of the special district. Specifies that the total debt of the special district and all subdistricts shall not exceed any debt limits specified in the service plan of the special district.
Clarifies existing statutory provisions to specify that no resolution dividing the special district into one or more areas shall be adopted by the board of the special district if a petition objecting to such division is signed by the owners of taxable real and personal property, which property equals more than 50% of the total valuation for assessment of all taxable real and personal property within the proposed area boundaries, and is filed with the special district no later than 5 days prior to the required public meeting.
Specifies that no requirements contained in the act shall apply to any subdistrict in existence prior to October 1, 2002, but authorizes a district, by resolution, to elect to apply any of said requirements to such area.
APPROVED by Governor June 7, 2002
EFFECTIVE October 1, 2002
NOTE: This act was passed without a safety clause. For further explanation concerning the effective date, see page vi
of this digest.
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