Section 268.530 – Bond elections.
Elections for the purpose of voting on the question of borrowing funds by issuance and sale of general obligation bonds shall be called by the governing body. [1969 c.700 §20; 1971 c.647 §63a; 1977 c.782 §8]
Section 268.540
[1969 c.700 §§16,21,22; 1977 c.95 §5; renumbered 268.515]
Section 268.520 – Authority to issue and sell general obligation bonds.
(1) For the purpose of performing any service that the district has power to perform, the district, when authorized at any properly called election held for such purpose, shall have the power to borrow money by the issuance and sale of general obligation bonds. Such bonds shall never exceed in the aggregate 10 percent of […]
Section 268.525 – Refunding bonds.
Refunding bonds of the same character and tenor as those replaced thereby may be issued pursuant to a resolution adopted by the district governing body without submitting to the electors the question of authorizing the issuance of the bonds. [1969 c.700 §19a]