§ 20-406. Prohibited powers.

Latest version.

A tourism improvement district shall have neither the power of eminent domain, nor any police or regulatory powers. A tourism improvement district shall not have the power to incur bonded debt or indebtedness in any other form; but may have the power to enter into contractual multiple-fiscal year financial obligations within the meaning of Article X, Section 20(4)(b) of the Colorado Constitution, subject to the approval of the electors of the district.

(Ord. No. 653-17, § 1, 6-26-17)

                    
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