Any municipality having surplus and unpledged revenues of any municipal utility has the power to pledge such revenues for and deposit them in the fund created to pay the interest on and principal of revenue bonds issued pursuant to this part 4.
Source: L. 75: Entire title R&RE, p. 1258, § 1, effective July 1.
Editor's note: This section is similar to former § 31-35-411 as it existed prior to 1975.
Structure Colorado Code
Title 31 - Government - Municipal
Part 4 - Sewer and Water Systems
§ 31-35-403. Authorization of Facilities and Bonds
§ 31-35-405. Signatures on Bonds
§ 31-35-407. Covenants in Bond Ordinance
§ 31-35-408. No Municipal Liability on Bonds
§ 31-35-409. Remedies of Bondholders
§ 31-35-410. Construction of Part 4
§ 31-35-411. Pledge of Other Utility Revenues
§ 31-35-413. Incontestable Recital in Bonds
§ 31-35-414. Application of Bond Proceeds