§ 13-6-60. Powers retained in Town.  


Latest version.
  • The Town shall continue to own the assets of the System; acquire and convey properties constituting part of the System; manage, operate and maintain the System; employ and discharge the officers, managers and employees of the System; keep books and records relating to the System; invest and manage funds, budget and appropriate revenues and expenditures of the System; award and execute contracts and make expenditures relating to the System; fix, adjust and collect stormwater rates, fees, tolls and charges and tap fees; and prescribe rules and regulations relating to the System. The Town may also borrow money, issue bonds or enter into other financial obligations relating to the System as provided in the Colorado Constitution and statutes.

(Ord. No. 6-2008 , § 6, 7-8-08)