Section 29-25-111 - General powers of district(1) The district has the following powers, except as limited by the operating plan: (a) To have perpetual existence;(b) To have and use a corporate seal;(c) To sue and be sued and be a party to suits, actions, and proceedings;(d) To enter into contracts and agreements, except as otherwise provided in this article, affecting the affairs of the district, including contracts with the United States and any of its agencies or instrumentalities;(e)(I) To provide any of the following services within the district:(A) Organization, promotion, marketing, and management of public events;(B) Activities in support of business recruitment, management, and development;(C) Coordinating tourism promotion activities;(D) Housing and childcare for the tourism-related workforce, including seasonal workers, and for other workers in the community; or(E) Facilitating and enhancing visitor experiences.(II) No revenue collected from the marketing and promotion tax levied under section 29-25-112 may be used for any capital expenditures, with the exception of: (A) Capital expenditures for housing and childcare for the tourism-related workforce, including seasonal workers, and for other workers in the community;(B) Capital expenditures related to facilitating and enhancing visitor experiences; or(C) Tourist information centers.(f) To have the management, control, and supervision of all the business and affairs of the district and of the operation of district services therein;(g) To appoint an advisory board of owners of property within the boundaries of the district and provide for the duties and functions thereof;(h) To hire employees or retain agents, engineers, consultants, attorneys, and accountants;(i) To adopt and amend bylaws not in conflict with the constitution and laws of the state or with the ordinances of the local government affected for carrying on the business, objectives, and affairs of the board and of the district; and(j) To exercise all rights and powers necessary or incidental to or implied from the specific powers granted in this article. Such specific powers shall not be considered as a limitation upon any power necessary or appropriate to carry out the purposes and intent of this article.Amended by 2022 Ch. 62, § 2, eff. 8/10/2022.L. 98: Entire article added, p. 1087, § 1, effective September 1. 2022 Ch. 62, was passed without a safety clause. See Colo. Const. art. V, § 1(3). For the legislative declaration in HB 22-1117, see section 1 of chapter 62, Session Laws of Colorado 2022.