3 Colo. Code Regs. § 704-2-59-8.1
Current through Register Vol. 47, No. 20, October 25, 2024
Section 3 CCR 704-2-59-8.1 - The following terms as used in this chapter, unless the context otherwise requires, are defined:A. "County Local Improvement District" shall have the same meaning as "district" in section 30-20-602(2), C. R. S.; B. "County Public Improvement District" shall have the same meaning as "improvement district" in section 30-20-503(3), C. R. S.;C. "District" means a Special District, a Municipal General Improvement District, a Municipal Special Improvement District, a County Local Improvement District or a County Public Improvement District; D. "Established District" means a district with at least five years of continuous operations and existence with annual revenues or expenditures in excess of $125,000;E. "General Obligation Bond" or "Other Obligation" means a bond constituting a debt or an indebtedness of a district issued by such district to finance a public works project payable in whole or in part from the proceeds of an ad valorem tax;F. "Municipal General Improvement District" shall have the same meaning as "district" in section 31-25- 602 (1), C. R. S.; G. "Person" means an individual, corporation, a partnership, an association, an estate, a joint-stock company, a trust where the interests of the beneficiaries are evidenced by a security, an unincorporated organization, a government, a governmental subdivision or agency, or any other legal entity.H. "Related party" shall have the same meaning as is commonly used in the practice of accounting.I. "Municipal Special Improvement District" shall have the same meaning as "district" in section 31-25-501 (1.5), C.R.S.;J. "Revenue Bond" means a bond issued by a special district to finance a public works project and supported by the revenues of the project;K. "Securities Commissioner" means the commissioner of securities appointed pursuant to section 11-51-701, C. R. S.;L. "Service Plan" means a plan created and approved in accordance with part 2 of article 1 of title 32, C. R. S.; andM. "Special District" shall have the same meaning as provided in section 32-1-103(20), C. R. S.;