Colorado Code § 29-4-308

Organization of authority
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(1) The authority of an area shall proceed to
organize for the performance of the duties for which it is created, and such organization shall
include, but shall not be limited to, the following unless otherwise provided by the ordinance
creating the authority:
(a) The adoption of bylaws which shall provide that a majority of the members of the
authority constitutes a quorum for the transaction of business;
(b) The election from the members of the authority of a president and vice-president and
the appointment of a secretary and, if desirable, an assistant secretary. Neither of the latter need
be members of the authority.
(c) The adoption of a seal for the authority.
(2) The city treasurer of the municipality shall be the treasurer of the authority. If the
municipality has a city auditor, he shall be the auditor of the authority. Otherwise, the authority
may appoint an auditor. The city attorney shall be the attorney for the authority. If the additional
work cast upon the city treasurer, city auditor, or city attorney by reason of the affairs of the
authority shall be so heavy as to require the employment of additional persons by any of said city
officials, the expense of the employment of such additional persons shall be borne by the
authority.

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