Section 18-12-139 – Rules and Regulations; Enforcement.
18-12-139. Rules and regulations; enforcement. The board may adopt reasonable rules and regulations not inconsistent with law for the government and control of the district organization and to facilitate the collection of assessments or charges. All rules and regulations adopted pursuant to this section shall be promulgated in accordance with the Wyoming Administrative Procedure Act […]
Section 18-12-140 – Power to Create Local Improvement Districts Vested in Board.
18-12-140. Power to create local improvement districts vested in board. In addition to all other powers provided in this chapter, the power to create local improvement districts in any district organized pursuant to this chapter, to assess the cost of the construction of public improvements of a local and municipal character or any part thereof […]
Section 18-12-141 – New Improvements, Facilities or Services; Voter Approval.
18-12-141. New improvements, facilities or services; voter approval. A district shall not acquire any new improvement or facility or provide any new service that was not originally described in the petition for formation of the district unless the new improvement, facility or service is authorized by this act, approved by the board of county commissioners […]
Section 18-12-131 – Bonds Subject to Call and Redemption.
18-12-131. Bonds subject to call and redemption. All or any part of the bonds issued by the board may be issued subject to call and redemption before maturity at the option of the board. Such bonds and the resolution authorizing issuance thereof shall contain a provision to that effect and the resolution shall contain the […]
Section 18-12-121 – Contents of Resolution; Notice of Election.
18-12-121. Contents of resolution; notice of election. (a) The resolution shall: (i) State the purpose for which the bonds are proposed to be issued; (ii) State the estimated amount of money to be raised by the bond issue; (iii) State the principal amount of the bonds; (iv) State the maximum rate of interest on the […]
Section 18-12-122 – Election Procedures.
18-12-122. Election procedures. (a) Except as otherwise provided in this section, the bond elections of districts shall be called by the board of county commissioners at the request of the district and held in accordance with election dates and procedures set forth in W.S. 22-21-101 through 22-21-112. A proposal submitted in the bond election shall […]
Section 18-12-123 – Resolution for Issuance of Bonds.
18-12-123. Resolution for issuance of bonds. The board, by resolution, shall determine whether coupon bonds or registered bonds of the district shall be issued and sold to raise money for any of the purposes for which the district was formed, if the bonds are authorized, and shall similarly fix and determine the denomination of each […]
Section 18-12-124 – Bonds Secured by Pledge of District.
18-12-124. Bonds secured by pledge of district. The payment of the principal and interest on the bonds constitutes a liability of the district. The full faith and credit, and all taxable property lying within the district is pledged for the payment of the bonds in accordance with the terms thereof.
Section 18-12-125 – Exemption From Taxation in This State.
18-12-125. Exemption from taxation in this state. The interest payable upon the bonds is exempt from any taxes levied or assessed by the state of Wyoming or any agency thereof.
Section 18-12-126 – Offer of Bonds by the Board; Bond Brochures.
18-12-126. Offer of bonds by the board; bond brochures. (a) If the majority of the votes cast by the voters at the election on the proposition of issuing bonds of the district favors issuing the bonds, and if the issuance of the bonds is authorized by the board, the bonds may be sold at either […]