Refunding bonds may be made payable from any taxes or pledged revenues, or both taxes and such revenues, which might be legally pledged for the payment of the bonds being refunded at the time of the refunding or at the time of the issuance of the bonds being refunded, as the board may determine, notwithstanding the taxes, or the revenue sources, or the pledge of such revenues, or any combination thereof, for the payment of the outstanding bonds refunded is thereby modified, subject to the provisions of section 32-11-559.
Source: L. 69: p. 784, § 111. C.R.S. 1963: § 89-21-111.
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