The governing body shall have the power to assess against the funds of the authority for the use and benefit of the general fund of the municipality a reasonable pro rata share of such funds for the cost of handling and auditing, which assessment when made shall be paid annually by the board pursuant to an appropriate item in its budget.
Source: L. 76: Entire part added, p. 710, § 1, effective April 26.
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