Colorado Code § 32-14-113

Costs - acquisition of stadium site - construction of stadium - use of
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public moneys - target percentage. The district shall make every reasonable effort to obtain
funding for a target amount of at least fifty percent of the total costs incurred by the district in
the acquisition of a stadium site and in the construction of a stadium from moneys acquired from
sources other than the levy and collection of the sales tax authorized pursuant to the provisions
of section 32-14-114. Such amount constitutes a target which the district shall attempt to achieve
but is not a mandatory requirement. Such moneys may include, but are not limited to, private
donations or the revenues acquired by the issuance of special obligation bonds to be paid from
the financial incentives specified in section 32-14-110 (1)(a) or the operating revenues generated
by the district. The sales tax authorized in section 32-14-114 shall be levied only for the period
of time for which it is necessary to generate revenues sufficient to pay the percentage of the total
costs incurred in said acquisition and construction not funded by other sources of money and for
such other purposes specified in section 32-14-115, but such period of time shall not exceed
twenty years.

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