Section 18-12-127 – Deposit of Proceeds of Bonds.
18-12-127. Deposit of proceeds of bonds. Bonds issued by the board shall be sold at the time and in the amounts prescribed by the board but for not less than par. The proceeds of the sale of the bonds, exclusive of any premiums received, shall be deposited to the credit of the district in the […]
Section 18-12-128 – Printing of Bonds.
18-12-128. Printing of bonds. After ascertaining the best terms upon, and the lowest interest at which the bonds can be sold, the board shall cause the bonds to be printed, with coupons if any attached, and shall have the bonds consecutively numbered and properly executed.
Section 18-12-129 – Signature on Bonds.
18-12-129. Signature on bonds. Bonds shall be signed by the chairman and the treasurer of the board and countersigned by the secretary of the board. Coupons, if any, shall be signed by the treasurer of the board. At least one (1) of the signatures or counter signatures on the bond shall be manually affixed. Other […]
Section 18-12-130 – How Bonds Mature.
18-12-130. How bonds mature. All bonds shall mature serially in substantially equal annual installments of principal, or upon an amortization plan for the bonds of the series, or upon an amortization plan for the proposed bonds and all outstanding bonds of the district, or in any other manner as the board may determine.
Section 18-12-118 – Notice of Apportionment; Assessment Roll.
18-12-118. Notice of apportionment; assessment roll. (a) A copy of the resolution as finally adopted shall be recorded by the county clerk who shall within sixty (60) days after the adoption of the resolution by written notice, mailed or otherwise delivered, notify each owner of property to be assessed of the amount of assessment, the […]
Section 18-12-119 – Duty of County Officials to Levy and Collect Taxes.
18-12-119. Duty of county officials to levy and collect taxes. (a) The body having authority to levy taxes or make assessments within each county shall levy the taxes or assessments authorized herein and all officials charged with the duty of assessing property and collecting taxes shall assess property and collect proceeds at the time and […]
Section 18-12-120 – Bond Elections; Resolution for Submission of Proposition to Voters.
18-12-120. Bond elections; resolution for submission of proposition to voters. By resolution of its board a district may submit to its qualified voters, by mail ballot or at an election on a date authorized under W.S. 22-21-103, as determined by the board of county commissioners, the proposition of issuing bonds pursuant to this act to […]
Section 18-12-106 – Petition for Formation.
18-12-106. Petition for formation. A petition to form a district shall be signed by not less than sixty percent (60%) of the persons owning land within the territory proposed to be included in the district, whose land in the proposed district has an assessed value of sixty percent (60%) or more of the assessed value […]
Section 18-12-112 – Powers of District.
18-12-112. Powers of district. (a) Each district may: (i) Have and use a corporate seal; (ii) Sue and be sued, and be a party to suits, actions and proceedings; (iii) Enter into contracts for the purpose of providing any authorized improvements and the maintenance and operation thereof, or otherwise to carry out the purposes of […]
Section 18-12-113 – District Board of Directors.
18-12-113. District board of directors. (a) The district shall be managed and controlled by a board of directors consisting of three (3) or five (5) members. The initial board shall consist of three (3) or five (5) members elected at the organizational election. A simple majority of members shall serve an initial term of two […]