Colorado Code § 32-15-114

Pledge of sales and admissions tax revenues and net operating revenues
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The payment of special obligation bonds may be secured by the specific pledge of sales tax
revenues and admissions tax revenues of the district, operating revenues of the district, or
moneys or assets of the district held in escrow, as the board, in its discretion, may determine.
Operating revenues, sales tax revenues, admissions tax revenues, or moneys or assets held in
escrow pledged for the payment of any special obligation bonds, as received by the district, shall
immediately be subject to the lien of such pledge, without any physical delivery thereof, any
filing, or further act, and the lien of such pledge and the obligation to perform the contractual
provisions made in the authorizing resolution or other instrument relating thereto shall have
priority over all other obligations and liabilities of the district, except as may be otherwise
provided in this article or in such resolution or instrument, and subject to any prior pledges and
liens previously created. The lien of such pledge shall be valid and binding as against all persons
having claims of any kind in tort, contract, or otherwise against the district, regardless of
whether such persons have notice thereof.

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