(1) No rail district shall purchase any real property, or any lesser interest therein, without first submitting the proposition to a vote by the eligible electors of the rail district and obtaining the approval of a majority of the electors voting on the issue. Any such election may be held separately or may be held jointly or concurrently with any other election authorized by this article.
A rail district shall have no power of eminent domain.
A rail district shall be subject to the provisions of part 3 of article 1 of title 29,C.R.S., to the extent such provisions are applicable.
Source: L. 82: Entire article added, p. 512, § 1, effective April 23. L. 92: (3) amended,
p. 2180, § 47, effective June 2; (1) amended, p. 921, § 188, effective January 1, 1993.