Colorado Code § 30-35-801

Power to issue bonds - purpose. Subject to the provisions of this part 8, any
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home rule county shall have power and authority to issue its negotiable coupon bonds for the
purpose of paying any special assessment bonds or obligations which it has issued or may issue,
together with interest thereon, when it appears that there is not, or will not be, sufficient money
for the payment of the same at maturity in the particular fund out of which payment should be
made.

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