15-1021. Limit on bonded indebtedness; limit on authorization and issuance of bonds; definitions A. Until December 31, 1999, a school district may issue class A bonds for the purposes specified in this section and chapter 4, article 5 of this title to an amount in the aggregate, including the existing indebtedness, not exceeding fifteen percent […]
15-1022. Tax levy for bonds; administration and disposition of tax; cancellation of paid bonds; security A. The board of supervisors, at the time of making the levy of taxes for county purposes, shall levy a tax for the year on the taxable property in a school district or former school district canceled by election, which […]
15-1023. Issuance of bonds A. Upon receipt of the certificate of the appropriate election officer as provided in section 15-493 that a majority of votes cast at the bond election favors issuing the bonds, the school district governing board shall issue the bonds of the school district in the number and amount provided in the […]
15-1023.01. Municipal property corporation financing prohibited; definition A. Except as provided in subsection C, a school district shall not directly or indirectly pledge its full faith and credit nor incur any direct or indirect obligation of any kind against or pay school district revenues to a municipal property corporation or a special district under title […]
15-1024. Interest on bonds; sale; disposition of proceeds; definition A. The bonds shall bear interest, payable semiannually at the rate or rates set by the accepted bid, which shall not exceed the maximum rate of interest set forth in the resolution calling the election. The bonds may be made payable at such place within the […]
15-1025. Investment and reinvestment of debt service fund A. The governing board of a school district may invest and reinvest all monies belonging or credited to the school district as a debt service fund. Consent may be requested prior to the beginning of any fiscal year for the adoption of a resolution of continuing effect. […]
15-1027. Administration of school district debt service funds by county treasurer The county treasurer shall keep an account of all school district debt service funds, showing the school district to which each fund belongs. On or before the fifteenth day of each month the treasurer shall credit the amount of monies collected during the preceding […]
15-1028. Disposition of surplus tax monies A. If a bond issue and interest thereon have been fully paid and a balance remains in the debt service fund from taxes collected for payment of the bonds and interest, the balance may be applied on the payment of other outstanding bonded indebtedness of the school district payable […]
15-1029. Rights of bondholder; additional state tax A. If the board of supervisors fails to make the levy necessary to pay school district bonds or interest coupons at maturity and such bonds or coupons are presented to the county treasurer and payment is refused, the owner may file the bond, together with all unpaid coupons, […]
15-1030. Cancellation of unsold bonds; notice; hearing A. If a bond issue remains unsold for six months after being offered for sale, the governing board of the school district or any school district comprised wholly or partly of territory which at the time of holding the bond election was within the school district may cancel […]
15-1031. Power to use outstanding bond authorizations of common school districts or high school districts A. All outstanding authorizations permitting the issuance of bonds, as provided in this section and sections 15-1022 through 15-1030, or the incurring of debt by a common school district or a high school district at the time either such district […]
15-1032. Capital facilities; bonded indebtedness liability for unified school districts A. All school buildings of established school districts which are located within any unified school district shall, together with all equipment and furnishings, become the property of the unified school district. B. If any established common school district or high school district has a bonded […]
15-1033. Certification of school district bonds by attorney general A. Any school district may submit to the attorney general bonds to be issued under this article after the school district has authorized their issuance. Within fifteen days after submission by the school district, the attorney general shall examine the bonds and pass on the validity […]
