§ 20-416. Taxing authority; other district revenues.

(a)

A district shall exercise taxing authority or the authority to impose fees and assessments to the extent and in the manner provided for in the creation ordinance for the district.

(b)

Procedures for collection and disbursement of district tax revenue and other district revenue shall be as provided in the creation ordinance. A district may contract with the city for collection and enforcement of district taxes in a manner similar to the collection and enforcement of city lodger's taxes, as provided in article IV of chapter 53 of the Code.

(c)

No district tax or multiple-fiscal year financial obligation in which such taxes or other revenues of the district are pledged shall be imposed or incurred unless and until the electors of the district have approved the tax or multiple-fiscal year financial obligation in an election conducted in compliance with article X, section 20 of the Colorado Constitution. The board shall call and conduct the election in accordance with the Colorado Local Government Election Code, Article 13.5 of Title 1, C.R.S. It is the intent of this section that elections for tourism improvement districts shall be conducted in a manner substantially similar to the way elections are conducted for newly formed special districts under article I of Title 32, C.R.S.; provided, however, that the definition of electors eligible to vote in such an election shall be as provided in this article XIII. In the event of any other conflict between this article XIII and the state statutes cited in this section, the requirements of this article XIII shall control.

(Ord. No. 653-17, § 1, 6-26-17)