Section 50-1030 – POWERS.
50-1030. POWERS. In addition to the powers which it may now have, any city shall have power under and subject to the following provisions: (a) To acquire by gift or purchase and to construct, reconstruct, improve, better or extend any works within or without the city, or partially within or partially without the city, or […]
Section 50-1031 – SUPERVISION OF PROJECTS.
50-1031. SUPERVISION OF PROJECTS. The construction, acquisition, improvement, equipment, custody, operation and maintenance of any works or rehabilitated existing electrical generating facilities under the provisions of this act, and the collection of revenues therefrom for the service rendered thereby, shall be under the supervision and control of the governing body of the city. History: [50-1031, […]
Section 50-1032 – PROJECTS TO BE SELF-SUPPORTING.
50-1032. PROJECTS TO BE SELF-SUPPORTING. The council of a city issuing bonds pursuant to this act shall prescribe and collect reasonable rates, fees, tolls or charges for the services, facilities and commodities furnished by such works or rehabilitated existing electrical generating facilities, and shall revise such rates, fees, tolls or charges from time to time, […]
Section 50-1033 – USE OF PROJECTS — REVENUE.
50-1033. USE OF PROJECTS — REVENUE. Any city issuing bonds under sections 50-1027 through 50-1042, Idaho Code, for the acquisition, construction, reconstruction, improvement, betterment or extension of any works or to rehabilitate existing electrical generating facilities, shall have the right to appropriate, apply or expend the revenue of such works or rehabilitated existing electrical generating […]
Section 50-1034 – PRELIMINARY EXPENSES.
50-1034. PRELIMINARY EXPENSES. The city may provide for the payment of all necessary preliminary expenses actually incurred in the making of surveys, estimates of costs and revenues, employment of engineers and other employees, making of notices, taking of options, legal and clerical help and all other expenses necessary to be made and paid prior to […]
Section 50-1035 – ORDINANCE PRIOR TO CONSTRUCTION — ELECTION.
50-1035. ORDINANCE PRIOR TO CONSTRUCTION — ELECTION. Before any city shall construct or acquire any works or rehabilitated existing electrical generating facilities under this chapter, the council of such city shall enact an ordinance or ordinances which shall, (a) set forth a brief and general description of the works or rehabilitated existing electrical generating facilities, […]
Section 50-1035A – ISSUANCE OF REVENUE BONDS AT RATES OF INTEREST IN EXCESS OF ORIGINAL SPECIFICATION.
50-1035A. ISSUANCE OF REVENUE BONDS AT RATES OF INTEREST IN EXCESS OF ORIGINAL SPECIFICATION. Any city may issue revenue bonds of the city bearing interest at such rate or rates as shall be prescribed by ordinance if: (a) The principal amount of such revenue bonds does not exceed the then unissued balance of the principal […]
Section 50-1036 – BONDS — FORM — CONDITIONS — BOND ANTICIPATION NOTES.
50-1036. BONDS — FORM — CONDITIONS — BOND ANTICIPATION NOTES. (a) All revenue bonds issued under authority of this act shall be sold, executed and delivered in the same manner as provided by the municipal bond law for the sale of general obligation negotiable coupon bonds, except that issues of revenue bonds may, in the […]
Section 50-1037 – BONDS — ISSUANCE — TERMS — CONDITIONS.
50-1037. BONDS — ISSUANCE — TERMS — CONDITIONS. Whenever revenue bonds are authorized to be issued, the city council shall by ordinance provide for the issuance thereof. The ordinance authorizing the issuance of said revenue bonds, for the purpose authorized, shall contain covenants as to: (a) The purpose or purposes to which the proceeds of […]
Section 50-1024 – JOINT SERVICES — BOND ELECTION IN EACH CITY.
50-1024. JOINT SERVICES — BOND ELECTION IN EACH CITY. Whenever the proportionate share of the cost of such construction or purchase to be borne by each city has been determined, an election shall be held in each city as now provided by law in similar cases, for the purpose of determining whether or not coupon […]