Authority to incur indebtedness.

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The board of county commissioners of any county, either acting singly or jointly with any other county, city and county, city, or town, has the power to incur indebtedness on its behalf for any of the purposes mentioned in this part 1 and to issue bonds for the acquisition, construction, and improvement of airports, landing fields, air navigation facilities, and airport protection privileges in the same form and manner as debt is incurred and bonds issued for other county purposes; except that such indebtedness may also be approved at a special election called for that purpose by the board of county commissioners, which election shall be conducted insofar as practicable in the manner set forth in section 30-26101, C.R.S.

Source: L. 45: p. 39, § 5. CSA: C. 45, § 246. CRS 53: § 5-4-5. C.R.S. 1963: § 5-4-5. L. 76: Entire section amended, p. 789, § 1, effective February 24.

Cross references: For the constitutional provision that establishes limitations on the incurring of debt, see § 20 of article X, Colorado Constitution; for authority of local governments to contract debts, see § 6 of article XI, Colorado Constitution; for creation of a debt by a county for acquiring or building airports and landing strips, see § 30-26-301.


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