Any resolution authorizing the issuance of general obligation district securities payable from gross revenues or any indenture or other proceedings pertaining thereto may contain a covenant of the district that to the extent required, as provided therein, the district will pay operation and maintenance expenses by appropriation from its general fund and that to the extent the moneys accounted for therein are insufficient for that purpose the district shall levy taxes therefor, subject to the limitation pertaining to such expenses in section 32-11-217 (1)(d).
Source: L. 69: p. 772, § 72. C.R.S. 1963: § 89-21-72.
Structure Colorado Code
Article 11 - Urban Drainage and Flood Control Act
Part 5 - Indebtedness and Financial Provisions
§ 32-11-501. Forms of Borrowing
§ 32-11-502. Limitations Upon Security
§ 32-11-503. Recourse Against District Personnel
§ 32-11-504. Repeal of Article
§ 32-11-505. Registration of Securities
§ 32-11-506. Details of Securities
§ 32-11-507. Recital of Issuance Under Article
§ 32-11-508. Additional Securities Details
§ 32-11-509. Payment Without Further Order
§ 32-11-511. Execution of Securities
§ 32-11-512. Use of Facsimiles
§ 32-11-513. Execution by Incumbents
§ 32-11-514. Execution With Predecessor's Facsimile
§ 32-11-515. Repurchase of Securities
§ 32-11-516. Use of Securities Proceeds
§ 32-11-517. Use of Surplus Proceeds
§ 32-11-518. Validity of Securities Unaffected by Project
§ 32-11-519. Employment of Experts
§ 32-11-520. Investments and Reinvestments
§ 32-11-521. Rights and Remedies Cumulative
§ 32-11-522. Continuation of Liabilities
§ 32-11-524. Statement of Purpose
§ 32-11-525. Prior Redemption Calls
§ 32-11-526. Surrender of District Securities by State
§ 32-11-527. Notes and Warrants
§ 32-11-528. General Obligation Securities
§ 32-11-529. Special Obligation Securities
§ 32-11-530. Covenant to Pay Operation and Maintenance Expenses
§ 32-11-531. Securities Constituting Indebtedness
§ 32-11-532. Securities Not Constituting Indebtedness
§ 32-11-533. Election to Authorize Debt
§ 32-11-534. Limitations Upon Incurring Debt
§ 32-11-535. Interest and Prior Redemption Charges
§ 32-11-536. Recitals in Securities
§ 32-11-537. Consolidated Bond Fund
§ 32-11-538. Securities Tax Levies
§ 32-11-540. Payments From General Fund
§ 32-11-541. Use of Other Moneys
§ 32-11-542. Appropriation of Taxes
§ 32-11-543. Special Obligation Limitations
§ 32-11-544. Purchase Price and Interest
§ 32-11-545. Public and Private Sales
§ 32-11-546. Notice of Public Sale
§ 32-11-547. Contents of Sale Notice
§ 32-11-549. Acceptance of Best Bid
§ 32-11-550. Rejection of Bids
§ 32-11-552. Prior Redemption Provisions
§ 32-11-553. Special Funds and Accounts
§ 32-11-554. Covenants and Other Provisions
§ 32-11-555. Liens on Pledged Revenues
§ 32-11-556. Rights and Powers of Securities Holders
§ 32-11-558. Issuance of Interim Debentures
§ 32-11-559. Limitations Upon Funding and Refunding Securities
§ 32-11-560. Interim Debenture Details
§ 32-11-561. Payment of Interim Debentures
§ 32-11-562. Funding Interim Debentures
§ 32-11-565. Method of Issuing Refunding Bonds
§ 32-11-566. Conditions for Refunding
§ 32-11-567. Disposition of Refunding Bond Proceeds
§ 32-11-568. Administration of Escrow or Trust
§ 32-11-569. Security for Payment of Refunding Bonds