Colorado § 32-14-110 - Privatization - study and consideration.
Full text of Colorado Colorado Revised Statutes § 32-14-110 — Privatization - study and consideration., with citation guidance and answers to common questions.
§ 32-14-110. Privatization - study and consideration.
(1) The board shall study, consider, and pursue opportunities for privatizing the costs of acquiring a stadium site, the costs of constructing a stadium, or the costs of operating a stadium in order to minimize the use of sales tax revenues to the greatest extent possible for the purposes of this article 14. Such methods to be studied, considered, and pursued by the board in order to achieve such privatization shall include, but not be limited to, the following:
(a) Financial incentives from private sources, including landowners and developers, available to offset the cost of a stadium site and the construction, maintenance, and operation of a stadium, including, but not limited to: Contributions of money, goods, equipment, and services; financed purchase of an asset agreements; certificate of participation agreements; sale-leaseback agreements; and joint venture proposals;
(b) The sale or lease of the name of the stadium, any symbol or image of the general design, appearance, or configuration of the stadium, including trademarks, service marks, trade names, and logos;
(c) The sale or lease of seat rights;
(d) The sale or lease of luxury suites, commonly referred to as sky boxes; and
(e) The sale of long-term advertising, parking, and concession rights.
Source: L. 89: Entire article added, p. 1333, § 1, effective June 2. L. 90: IP(1), (1)(a), and (1)(e) amended, p. 1519, § 5, effective April 16. L. 2021: IP(1) and (1)(a) amended, (HB 21-1316), ch. 325, p. 2055, § 70, effective July 1.
Frequently Asked Questions About Colorado § 32-14-110
What does Colorado Revised Statutes § 32-14-110 cover?
Section 32-14-110 ("Privatization - study and consideration.") 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 § 32-14-110?
A common citation format is "Colorado Revised Statutes § 32-14-110" (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 § 32-14-110 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.