The enterprise shall exercise the powers of an enterprise under TABOR, including, without limitation, the power to issue or reissue bonds, notes or other obligations, payable from the revenues derived or to be derived from its provision of services. The enterprise shall also be entitled to exercise such powers as are set forth in any applicable state law, including the power to set rates, fees and charges for services provided by the enterprise; provided, however, in no event shall the enterprise have the authority to levy or collect taxes, whether sales taxes, use taxes or ad valorem taxes, nor shall the enterprise have the power to direct the town to exercise its taxing power on behalf of the enterprise.
(Ord. 09-2015, passed 9-9-2015)