The board may defray any costs of the service authority by the issuance of notes or warrants to evidence the amount due therefor, in anticipation of taxes or revenues or both. Interest on such notes or warrants shall be governed by the provisions of section 5-12-104, C.R.S. Notes and warrants may mature at such time not exceeding one year from their date of issuance as the board may determine. If such notes or warrants are not paid during the fiscal year in which they are issued, the board shall, at the end of its fiscal year, budget the amount necessary to pay in full the amount of notes and warrants outstanding and due during the next fiscal year.
Source: L. 72: p. 471, § 1. C.R.S. 1963: § 89-25-30.
Structure Colorado Code
Article 7 - Regional Service Authorities
§ 32-7-102. Legislative Declaration
§ 32-7-104. Territorial Requirements for Service Authorities
§ 32-7-105. Petition or Resolution for Formation - Designation of Services
§ 32-7-106. Priority of Petition or Resolution
§ 32-7-107. Court Appoints an Organizational Commission and Election Committee
§ 32-7-108. Service Authority Organizational Commission
§ 32-7-109. Election for Formation, Selection of Services, and Initial Board of Directors
§ 32-7-110. Board of Directors
§ 32-7-111. Designation of Services
§ 32-7-112. Local Authorization of Functions, Services, and Facilities
§ 32-7-114. Duties Related to Planning Powers
§ 32-7-116. Powers to Be Exercised Without Franchise - Condition
§ 32-7-117. Revenues of Service Authority - Collection
§ 32-7-118. Levy and Collection of Taxes
§ 32-7-119. Levies to Cover Deficiencies
§ 32-7-120. Power to Issue Revenue Bonds - Terms
§ 32-7-121. Power to Incur Indebtedness - Interest - Maturity - Denominations
§ 32-7-122. Debt Question Submitted to Electors - Resolution
§ 32-7-123. Effect - Subsequent Elections
§ 32-7-124. Correction of Faulty Notices
§ 32-7-126. Limitations Upon Issuance
§ 32-7-127. Use of Proceeds of Refunding Bonds
§ 32-7-128. Combination of Refunding and Other Bonds
§ 32-7-129. Board's Determination Final
§ 32-7-130. Anticipation Warrants
§ 32-7-131. Inclusion - Counties - Municipality - Existing Service Authority - Procedures
§ 32-7-132. Special Taxing Districts Authorized
§ 32-7-133. Formation of Special Taxing Districts
§ 32-7-134. Local Improvement Districts Authorized
§ 32-7-135. Procedures to Establish Local Improvement Districts
§ 32-7-136. Special Districts - Transfer of Responsibility
§ 32-7-137. Special Districts - Formation Within Service Authority Territory Forbidden
§ 32-7-138. Transfer and Assumption of Services
§ 32-7-139. Payments for Facilities Acquired by Regional Service Authority - Valuation
§ 32-7-140. Public Transportation
§ 32-7-141. Sewage Collection, Treatment, and Disposal
§ 32-7-142. Urban Drainage and Flood Control
§ 32-7-143. Assumption of Services by a Service Authority in the Denver Metropolitan Area