Colorado Code § 32-7-134

Local improvement districts authorized
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(1) The board of a service
authority may establish local improvement districts within the service authority to facilitate the
financing and construction or improvement of facilities within a portion or portions of a service
authority. Such local improvement districts shall be established whenever any area, in the
opinion of the board, will be especially benefited by the construction, installation, or
improvement of any facilities.
(2) Such improvements shall be of a type to confer special benefits to real property
within the boundaries of any such local improvement district and general benefits to the service
authority at large or to a special taxing district within the service authority.
(3) In the management of a local improvement district, the board of the service authority
shall have all powers granted to the board by this article.

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