Colorado Code § 31-30-1118

Fund use - other purposes
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(1) If the governing body of a municipality or
district finds by resolution that no person is eligible or can become eligible for payment of a fund
benefit, it may authorize contributions of all fund moneys for any fire-related purpose and, if no
fire-related purpose exists, for any purpose as determined by the governing body of the
municipality or district.
(2) At least sixty days before adoption of this resolution, the governing body of the
municipality or district shall publish one notice in a newspaper with general circulation within
the municipality or district and shall provide a copy of the published notice to the board of
directors of the fire and police pension association. The notice must state that the intent of the
governing body is to use the money in the fund for the purposes permitted in subsection (1) of
this section and that persons who believe they are or may be entitled to benefit payments from
the fund have fifty days from the date of the notice in which to file a written objection with the
governing body regarding its proposed use of the fund. If a written objection is received, the
governing body shall hold a public hearing before adoption of the resolution. Before the hearing,
the governing body shall publish notice of the time and place of the hearing and send written
notice of the hearing by certified mail to each person who files a written objection.
(3) If a person establishes a claim to a benefit from the fund within one year after
adoption of this resolution, the municipality or district shall repay to the fund any money paid
from the fund under this section, and no such additional payments shall be made from the fund.

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