The governing body has power to contract an indebtedness on behalf of the municipality and upon the credit thereof by borrowing money or issuing the negotiable interest-bearing bonds of the municipality for the purpose of providing a fund to pay such part of the cost of said improvements as may be determined by the governing body. No such indebtedness shall be created except by ordinance subject to and otherwise in accordance with the provisions of section 31-15-302 (1)(d).
Source: L. 75: Entire title R&RE, p. 1199, § 1, effective July 1.
Structure Colorado Code
Title 31 - Government - Municipal
Article 25 - Public Improvements
Part 5 - Special Improvement Districts in Municipalities
§ 31-25-500.2. Legislative Declaration - Energy Efficiency and Renewable Energy Production Projects
§ 31-25-502. Powers to Make Local Improvements
§ 31-25-503. What Improvements May Be Made - Conditions
§ 31-25-504. Municipality May Establish Sewer Systems
§ 31-25-505. District Sanitary Sewers - Contracts - Contiguous Towns
§ 31-25-506. Private Sewers - Connection
§ 31-25-507. Determination of Special Benefits - Factors Considered
§ 31-25-508. Storm Drainage Sewers - Districts
§ 31-25-509. Subdistricts in Sewer Districts
§ 31-25-510. Improvements May Be Constructed Under Other Laws
§ 31-25-511. Property of Irregular Form - Assessment
§ 31-25-512. Cost Assessed in Proportion to Area
§ 31-25-513. Cost Assessed in Accordance With Benefits
§ 31-25-514. Streets - Railway Companies Subject to Tax
§ 31-25-515. Utility Connections May Be Ordered Before Paving - Costs - Default
§ 31-25-516. Contracts for Construction - Bond - Default
§ 31-25-517. Sidewalks - Water Mains - Sewers
§ 31-25-518. Provisions to Be Inserted
§ 31-25-519. Statement of Expenses - Apportionment
§ 31-25-520. Notice of Hearing on Assessments
§ 31-25-521. Hearing on Objections
§ 31-25-522. Assessment of Lien - Filing With County Clerk and Recorder - Corrections
§ 31-25-524. Payment - Assessment Roll Returned
§ 31-25-525. Owner of Interest May Pay Share
§ 31-25-526. Collection of Assessment Payments - by Municipal Treasurer - by County Treasurer
§ 31-25-527. When Assessments Payable - Installments
§ 31-25-528. How Installments Paid - Interest
§ 31-25-529. Effect of Payment in Installments
§ 31-25-530. Penalty for Default - Payment of Balance
§ 31-25-531. Sale of Property for Nonpayment
§ 31-25-532. Municipality May Purchase Property on Default
§ 31-25-533. Power of Governing Body to Contract Debt - Question Submitted to Registered Electors
§ 31-25-534. Issuing Bonds - Property Specially Benefited
§ 31-25-534.5. Issuing Refunding Bonds
§ 31-25-535. Bonds Negotiable - Interest
§ 31-25-537. When Mandamus Will Issue
§ 31-25-538. No Action Maintainable - Exception - Grounds - Limitations
§ 31-25-539. Effect of Court Order
§ 31-25-540. Figures Instead of Words - When General Description Used