There is hereby created a water reclamation activity enterprise denominated the City of Broomfield, Colorado, Water Reclamation Activity Enterprise (water reclamation enterprise). The city council shall be the governing body of the water reclamation enterprise. (Ord. 1180 §11, 1996)

The water reclamation enterprise is authorized to issue or reissue bonds, notes, or other obligations payable from the revenues derived or to be derived from the function, service, benefits, or facility, or from any other available funds of the water reclamation enterprise. (Ord. 1180 §11, 1996)

The water reclamation enterprise is authorized to conduct any water reclamation activity under section 37-45.1-102 et seq., C.R.S., and any other powers under any other applicable law. (Ord. 1180 §11, 1996)

The water reclamation enterprise shall be a government-owned business. The water reclamation enterprise shall not receive any annual revenue in grants from any state and local governments. (Ord. 1180 §11, 1996)

The water reclamation enterprise shall finance various water reclamation activities. The revenues from the water reclamation activities shall be deposited by the water reclamation enterprise into a fund designated as the City of Broomfield, Colorado, Water Reclamation Activity Enterprise Fund. (Ord. 1180 §11, 1996)

The water reclamation enterprise shall not levy a tax which is subject to section 20(4) of Article X of the Colorado Constitution or any other general taxes. (Ord. 1180 §11, 1996)