Any property owner may discharge the lien of said bond tax on his property by paying the tax in full, in bonds or matured coupons of the issue for which the levy is made at their face value. Thereafter the same property shall not be liable for the payment of such tax as between the city or town and the property owner.
Source: L. 75: Entire title R&RE, p. 1142, § 1, effective July 1.
Editor's note: This section is similar to former § 31-21-402 as it existed prior to 1975.
Structure Colorado Code
Title 31 - Government - Municipal
Part 4 - Payment by Tax Levy on Petition of Electors
§ 31-21-401. Power to Levy - Manner Paid
§ 31-21-402. Discharge of Lien by Property Owner
§ 31-21-403. Payment in Installments
§ 31-21-404. Payment in Bonds - Warrant for Excess
§ 31-21-405. Assessment and Collection