The authority shall be exempt from any general ad valorem taxes upon any property of the authority acquired and used for its public purposes. The authority may enter into agreements to pay annual sums in lieu of taxes to any county, municipality, or other taxing entity with respect to any real property which is owned by the authority and is located in such county, municipality, or other taxing entity.
Source: L. 91: Entire part added, p. 577, § 2, effective June 1.
Structure Colorado Code
Title 23 - Postsecondary Education
Article 21 - University of Colorado - University Hospital - Centers
Part 5 - University of Colorado Hospital Authority
§ 23-21-501. Legislative Declaration
§ 23-21-503. University of Colorado Hospital Authority
§ 23-21-505. Authorization for Transfer of Hospital Assets and Liabilities to Authority
§ 23-21-506. Relationship Between Authority and Regents
§ 23-21-508. Retirement Benefits - Rights of Former State Employees - Pera Membership
§ 23-21-510. Records of Board of Directors
§ 23-21-511. Meetings of Board of Directors
§ 23-21-512. Disclosure of Interests Required
§ 23-21-513. General Powers of the Authority
§ 23-21-516. Negotiable Instruments
§ 23-21-517. Bonds Eligible for Investment
§ 23-21-519. Nonliability of State for Bonds
§ 23-21-520. Members of Authority Not Personally Liable on Bonds
§ 23-21-522. Powers of the Authority - Investments
§ 23-21-523. Agreement of This State
§ 23-21-524. This Part 5 Not a Limitation of Powers
§ 23-21-525. Exemption From Property Taxation
§ 23-21-526. Psychiatric Hospital
§ 23-21-527. General Assembly Retains Authority to Enact Laws Governing University Hospital