The payment of special obligation bonds shall not be secured by any encumbrance, mortgage, or other pledge of property of the district, other than operating revenues, sales tax revenues, or moneys or assets held in escrow. No property of the district, subject to this exception, shall be liable to be forfeited or taken in payment of the special obligation bonds.
Source: L. 89: Entire article added, p. 1337, § 1, effective June 2. L. 90: Entire section amended, p. 1524, § 13, effective April 16.
Structure Colorado Code
Article 14 - Denver Metropolitan Major League Baseball Stadium District
§ 32-14-102. Legislative Declaration
§ 32-14-104. Creation of District - Area of District
§ 32-14-105. Authorizing Election
§ 32-14-106. Board of Directors - Membership - Qualifications
§ 32-14-107. Board of Directors - Powers and Duties
§ 32-14-108. Conflicts of Interest Prohibited
§ 32-14-109. Records of Board - Audits - Legislative Oversight - Powers and Duties of State Auditor
§ 32-14-110. Privatization - Study and Consideration
§ 32-14-111. Criteria - Stadium Site - Stadium
§ 32-14-114. Sales Tax Imposed - Collection - Administration of Tax - Discontinuance
§ 32-14-115. Sales Tax Revenues - Use
§ 32-14-116. Operating Revenues - Use
§ 32-14-117. Issuance of Special Obligation Bonds
§ 32-14-118. Pledge of Sales Tax Revenues and Net Operating Revenues
§ 32-14-119. Payment, Recital, and Securities
§ 32-14-120. Incontestable Recital in Securities
§ 32-14-121. Limitation Upon Payment
§ 32-14-123. Sale of Special Obligation Bonds
§ 32-14-125. Management Agreement - Operation of Stadium
§ 32-14-126. Lease of Stadium - Major League Baseball Franchise
§ 32-14-126.5. Revenue Sharing
§ 32-14-128. Limitations Upon Liabilities
§ 32-14-129. Sale of Real and Personal Property of District
§ 32-14-130. Limitations Upon Promotional Activities
§ 32-14-131. Colorado Baseball Commission - Creation - Membership