Property situated within the boundaries of territory excluded from a metropolitan water district shall remain subject to that portion of all taxes levied by such district necessary for the payment of principal and interest of any bonded indebtedness of the district outstanding at the time of such exclusion.
Source: L. 55: p. 595, § 2. CRS 53: § 89-13-14. C.R.S. 1963: § 89-13-14.
Structure Colorado Code
Article 4 - Water and Sanitation Districts
Part 4 - Metropolitan Water Districts
§ 32-4-401. Legislative Declaration
§ 32-4-403. Purpose, Boundaries, and Powers
§ 32-4-405. Board of Directors
§ 32-4-406. Powers of Districts
§ 32-4-407. Inclusion of Territory
§ 32-4-408. Unincorporated Territory
§ 32-4-409. Inclusion of Incorporated Areas
§ 32-4-410. Exclusion of Unincorporated Areas
§ 32-4-411. Exclusion Election
§ 32-4-412. Exclusion of Incorporated Areas
§ 32-4-413. Liability of Property Included