Colorado Code § 37-50-135

Liens on pledged revenues
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(1) Revenues pledged for the payment of
bonds, as received by or otherwise credited to the district under this article, shall immediately be
subject to the lien of each such pledge without any physical delivery, filing, or further act.
(2) The lien of each such pledge and the obligation to perform the contractual provisions
made in the authorizing resolution or other related instrument shall have priority over all other
obligations or liabilities of the district, except as may be otherwise provided in this article or in
the resolution or other instrument, and subject to any prior pledges and liens previously created.
(3) The lien of each such pledge shall be valid and binding as against all persons having
claims of any kind in tort, in contract, or otherwise against the district, irrespective of whether
such persons have notice of the lien.

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