§ 35-455 – Issuance and sale of bonds; call for election
35-455. Issuance and sale of bonds; call for election A. When the political subdivision designated in this article desires to issue bonds or other evidences of indebtedness, the governing body or board thereof, with the assent of a majority of the qualified electors therein voting at the election held as provided by section 35-454, may […]
§ 35-456 – Amount, denomination and form of bonds
35-456. Amount, denomination and form of bonds A. The governing body or board shall cause the bonds to be prepared in the amount and denominations authorized, or whole multiples of such denominations, bearing the date of issuance and numbered in a convenient manner. Bonds voted at one or more elections, for one or more different […]
§ 35-456.01 – Bonds; manual affixing of signatures
35-456.01. Bonds; manual affixing of signatures Wherever any statute requires that any bond issued by a public body be signed manually by two or more officers or other individuals, all such signatures and counter signatures may be printed, lithographed, engraved, or otherwise mechanically reproduced, except that one of the signatures or counter signatures to the […]
§ 35-457 – Sale of bonds; bids; forfeiture of deposit; definitions
35-457. Sale of bonds; bids; forfeiture of deposit; definitions A. Any or all of the bonds may be sold at public sale or through an online bidding process in a manner prescribed by the governing body or board that includes the following: 1. If sold by public sale before the sale of any bonds the […]
§ 35-458 – Levy of tax for payment of bonds; security
35-458. Levy of tax for payment of bonds; security A. After the bonds are issued, the governing body or board shall enter on its minutes a record of the bonds sold and their numbers and dates, and shall annually levy and cause to be collected a tax, at the same time and in the same […]
§ 35-458.01 – Commercial paper; variable rate bonds; compound interest bonds; bonds subject to tender
35-458.01. Commercial paper; variable rate bonds; compound interest bonds; bonds subject to tender A. Bonds issued by a city or town may bear interest at any rate or rates not in excess of the maximum voted rate, payable at the times determined by the governing body, provided that each such bond may be evidenced by […]
§ 35-459 – Redemption of bonds and coupons
35-459. Redemption of bonds and coupons A. When any bonds mature, the county treasurer, when the bonds have been issued by the county, the city or town treasurer, when the bonds have been issued by a city or town, or the fiscal officer of other political subdivisions shall give notice for four weeks in a […]
§ 35-460 – Erection of buildings
35-460. Erection of buildings If bonds for the purpose of erecting and furnishing a public building are authorized at the election, the board of supervisors for a county and the governing body of a city, town or other municipal corporation shall authorize the design and construction of the building in accordance with title 34.
§ 35-461 – Payment of expenses of bond issues
35-461. Payment of expenses of bond issues The expenses of the proceedings provided for in this article shall be borne by the political subdivision instituting the proceedings. If the bonds authorized by this article are sold, the expenses thereof shall be deducted from the proceeds of the sale.
§ 35-462 – Bonds; change of purpose; election; informational pamphlet; ballot
35-462. Bonds; change of purpose; election; informational pamphlet; ballot (Rpld. 1/1/25) A. The governing body or board of a political subdivision may call an election to change the purposes for which the monies derived from the sale of bonds authorized at a prior bond election may be spent provided the bonds have not been issued. […]