Colorado § 29-3-113 - Determination of revenue.
Full text of Colorado Colorado Revised Statutes § 29-3-113 — Determination of revenue., with citation guidance and answers to common questions.
§ 29-3-113. Determination of revenue.
(1) Prior to entering into a financing agreement for the project and the issuance of bonds in connection therewith, the governing body must determine:
(a) The amount necessary in each year to pay the principal of and the interest on the first bonds proposed to be issued to finance such project;
(b) The amount necessary to be paid each year into any reserve funds which the governing body may deem advisable to establish in connection with the retirement of the proposed bonds and the maintenance of the project;
(c) The estimated cost of maintaining the project in good repair and keeping it properly insured, unless the terms under which the project is to be financed provide that the user shall maintain the project and carry all proper insurance with respect thereto.
(2) The determination and findings of the governing body, required to be made by subsection (1) of this section, shall be set forth in the proceedings under which the proposed bonds are to be issued; but the foregoing amounts need not be expressed in dollars and cents in the financing agreement and proceedings under which the bonds are authorized to be issued.
Source: L. 67: p. 675, § 13. C.R.S. 1963: § 36-24-13. L. 73: p. 479, § 11.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 29-3-113
What does Colorado Revised Statutes § 29-3-113 cover?
Section 29-3-113 ("Determination of revenue.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 29-3-113?
A common citation format is "Colorado Revised Statutes § 29-3-113" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 29-3-113 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.