Bonds issued pursuant to this part 8 shall not constitute an indebtedness of the municipality within the meaning of any constitutional or statutory limitations. Each bond issued pursuant to this part 8 shall recite in substance that said bond, including interest thereon, is payable solely from the revenues or special funds pledged to the payment thereof and that said bond does not constitute a debt of the municipality within the meaning of any constitutional or statutory limitations.
Source: L. 76: Entire part added, p. 708, § 1, effective April 26. L. 77: Entire section amended, p. 1477, § 9, effective June 19.
Structure Colorado Code
Title 31 - Government - Municipal
Article 25 - Public Improvements
Part 8 - Downtown Development Authorities
§ 31-25-801. Legislative Declaration
§ 31-25-803. Powers of Governing Body
§ 31-25-804. Organizational Procedure - Election
§ 31-25-805. Board - Membership - Term of Office
§ 31-25-806. Board Membership - Qualifications - Nominations - Rules - Removal
§ 31-25-808. Additional and Supplemental Powers
§ 31-25-809. Authorization of Bonds
§ 31-25-813. No Municipal Liability on Bonds
§ 31-25-813.5. Limitation of Actions
§ 31-25-814. Remedies of Bondholders
§ 31-25-815. Employees - Duties - Compensation
§ 31-25-819. Conflict of Interest