Colorado Code § 23-20-129

Bonds
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(1) The regents of the university of Colorado are hereby authorized
to issue bonds as provided in this section for the purpose of obtaining funds for the planning,
construction or other acquisition, and equipping of research buildings and facilities, wherever
located in the state of Colorado, for the university of Colorado. Any such buildings and facilities
shall be related to the research mission of the university.
(2) Such bonds shall be in such amount, shall mature at such time or times, shall bear
interest at such rate or rates, and shall otherwise be sold and issued in such manner and on such
terms as provided by the regents of the university of Colorado.
(3) Such bonds shall be payable from, and shall be secured by a pledge of, the university
of Colorado research building revolving fund created in section 23-20-124, or the revenues and
net income of any other designated enterprise auxiliary facilities that are pledged to the
repayment of such bonds pursuant to sections 23-5-102 and 23-5-103, or any combination
thereof.
(4) The authority contained in this section shall be in addition to the authority granted
the regents of the university of Colorado to issue anticipation warrants pursuant to section 23-20-
125; except that nothing in this section shall be construed to authorize the issuance of such bonds
if by such issuance the obligation of any contract entered into with respect to any outstanding
anticipation warrants would thereby be impaired.
(5) Any bonds issued pursuant to this section shall be exempt from taxation for state,
county, school district, special district, municipal, or other purposes in the state of Colorado.
(6) Bonds issued pursuant to the provisions of this section shall not constitute a debt or
an indebtedness of the state within the meaning of any applicable provision of the state
constitution or state statutes.

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