The governing body of any municipality may issue negotiable coupon bonds, to be denominated refunding bonds, for the purpose of refunding any of the bonded indebtedness of such municipality, whether due or not or which is payable at the option of such municipality, by consent of the bondholders, or by any lawful means. The amount of the refunding bonds to be issued under the provisions of this part 2 shall first be determined by the governing body, and a certificate of such determination shall be made and entered in and upon the records of the municipality prior to the issuance of said refunding bonds.
Source: L. 75: Entire title R&RE, p. 1136, § 1, effective July 1.
Editor's note: This section is similar to former § 31-21-202 as it existed prior to 1975.
Structure Colorado Code
Title 31 - Government - Municipal
Part 2 - Refunding Bonded Indebtedness
§ 31-21-202. Refunding Bonds - Amount
§ 31-21-203. Vote of Electors Not Required
§ 31-21-204. Vote of Electors Required - Procedures
§ 31-21-205. Ordinance for Bond Issue - Bonds
§ 31-21-206. Exchange - Sale - Proceeds - Amounts
§ 31-21-207. Tax for Payment of Refunding Bonds
§ 31-21-208. Ordinance Not to Be Altered
§ 31-21-209. Consolidated City or Town - Refunding Indebtedness of Constituent Portions - Bonds
§ 31-21-210. Combined Issues - Procedures
§ 31-21-211. Application of Refunding Bond Proceeds - Procedures - Limitations
§ 31-21-212. Registration of Refunding Bonds
§ 31-21-213. Redemption of Refunding Bonds Prior to Maturity - Procedures