Colorado Code § 41-5-103

Sinking fund - indebtedness
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(1) The board of county commissioners of any
county is authorized to set aside a special sinking fund in the office of the county treasurer for
the payment of revenue bonds authorized by and issued under the provisions of this article and
for the payment of interest due on such bonds, but the general income of the county shall not be
pledged for the payment of the principal of the bonds and interest thereon. The county treasurer
shall deposit in said sinking fund all rents, royalties, fees, rates, and charges derived from or
rendered by the airport or airport facilities, and the board of county commissioners of any county
may pledge any or all moneys in said sinking fund to the payment of bonds authorized under this
article and the interest thereon.
(2) Revenue bonds issued under this article shall not constitute an indebtedness of the
county within the meaning of any constitutional or statutory limitations. Each bond issued under
this article shall recite in substance that said bond, including interest thereon, is payable solely
from the revenues pledged to the payment thereof and that said bond does not constitute a debt
of the county within the meaning of any constitutional or statutory limitations.

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