Colorado Code § 37-26-102

Refunding bonds issued - when. Such refunding bonds shall be issued in
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lieu of the bonds and interest refunded; shall evidence the same indebtedness; shall be supported
by the same liens, assessments, appraised benefits, and levies; and, except as to time of
payments, amounts, and rates of interest, shall be payable therefrom in the same manner as the
bonds refunded, but said refunding bonds shall not constitute a blanket indebtedness or lien on
lands within such drainage district unless provided for on the face of the bonds.

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