Colorado Code § 29-1-111

Contingencies
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In cases of emergency which could not have been reasonably
foreseen at the time of adoption of the budget, the governing body may authorize the expenditure
of funds in excess of the appropriation by ordinance or resolution duly adopted by a majority
vote of such governing body at a public meeting. Such ordinance or resolution shall set forth the
facts concerning such emergency and shall be documented in detail in the minutes of the meeting
of such governing body at which such ordinance or resolution was adopted. A certified copy of
such ordinance or resolution shall be filed with the division.

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