All such funding bonds may be exchanged, dollar for dollar, in satisfaction of the indebtedness to be funded, or they may be sold at not less than their par value, as directed by the governing body, and the proceeds thereof shall be applied only to the purpose for which such funding bonds were issued.
Source: L. 81: Entire article added, p. 1476, § 1, effective June 8.
Structure Colorado Code
Title 30 - Government - County
Article 35 - Home Rule Counties
Part 6 - Bonds - Funding - Floating Debt
§ 30-35-601. Funding Bonds - Determination of Indebtedness
§ 30-35-602. Floating Indebtedness Defined
§ 30-35-603. Bond Election - Judgments
§ 30-35-604. Ordinance - Form and Maturity of Bonds
§ 30-35-605. Disposition of Bonds