Subject to section 31-25-807, all real and personal property located within the district shall continue to be subject to ad valorem taxes levied by the municipality to pay the principal and interest on all existing general obligation debts of the municipality and any future debts which may be authorized by law.
Source: L. 76: Entire part added, p. 711, § 1, effective April 26. L. 77: Entire section amended, p. 1478, § 12, 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