§ 48-6275 – Debt service account
48-6275. Debt service account (Conditionally Rpld.) A. If the district issues bonds under this article, the board shall establish a debt service account within the general fund consisting of monies designated and dedicated by the board for repayment of the bonds and payment of costs and related expenses associated with redeeming the bonds. B. Monies […]
§ 48-6008 – Reimbursement for county services
48-6008. Reimbursement for county services Services provided by a county to a recreational corridor channelization district are subject to reimbursement pursuant to section 11-251.06.
§ 48-6276 – Securing principal and interest
48-6276. Securing principal and interest (Conditionally Rpld.) In connection with issuing bonds authorized by this article and to secure the principal and interest on the bonds, the board by resolution may: 1. Pledge for the payment of principal and interest on the bonds all or part of the revenues and other monies received by the […]
§ 48-6009 – Termination of formation authority; existing districts; effect on financial provisions
48-6009. Termination of formation authority; existing districts; effect on financial provisions A. Beginning July 1, 2015, a new district may not be formed pursuant to this chapter. B. This section shall not be construed to: 1. Limit the authority or otherwise affect the validity of any district formed pursuant to this chapter before July 1, […]
§ 48-6277 – Lien of pledge
48-6277. Lien of pledge (Conditionally Rpld.) A. Any pledge made under this article is valid and binding from the time when the pledge is made. B. The monies pledged to the holders of the bonds and received by the district for placement in the debt service account are immediately subject to the lien of the […]
§ 48-5910 – Powers of the district
48-5910. Powers of the district A. In addition to the powers otherwise granted to a district pursuant to this article, a district, in furtherance and in accordance with its general plan, may: 1. Enter into contracts and expend money for any water related facilities purpose that is consistent with the general plan. 2. Enter into […]
§ 48-5911 – Project approval; resolution of project intent
48-5911. Project approval; resolution of project intent A. Before constructing, acquiring or financing any water related facilities, the district board shall cause a report to be prepared on the feasibility and benefits of the project. The study shall be prepared by engineers and other qualified persons and shall include at least the following: 1. A […]
§ 48-5912 – Modification of boundaries; impact statement; hearing;recording
48-5912. Modification of boundaries; impact statement; hearing; recording A. Except as provided in subsection G of this section, after district formation and after the elected board of directors takes office, any person who desires to propose any change to the boundaries of the district shall prepare and submit to the district board a boundary change […]
§ 48-5913 – Public records; open meetings
48-5913. Public records; open meetings A. The district shall keep the following records, which shall be open to public inspection as prescribed by section 39-121: 1. Minutes of all meetings of the district board. 2. All resolutions of the district board. 3. Accounts showing all monies received and disbursed. 4. The annual budget of the […]
§ 48-5914 – Annual report
48-5914. Annual report A. The district shall issue an annual report that is consistent with section 35-501 and that includes: 1. A financial statement that conforms with generally accepted accounting procedures and that includes district revenues, expenditures and indebtedness. 2. A description of the activities of the district related to the design, construction, operation and […]