Section 41-10-127 – Maximum Aggregate Amount of Bonds or Other Evidences of Indebtedness.
41-10-127. Maximum aggregate amount of bonds or other evidences of indebtedness. The aggregate amount of bonds or other evidences of indebtedness shall not exceed six percent (6%) of the assessed value of the taxable property within the district as shown by the last preceding general assessment; provided, however, that in determining the amount of indebtedness, […]
Section 41-10-128 – Borrowing Money and Issuing Bonds for Purpose of Acquiring or Improving Water or Sewer System or Other Income-Producing Project.
41-10-128. Borrowing money and issuing bonds for purpose of acquiring or improving water or sewer system or other income-producing project. A district in pursuance of a resolution may borrow money, issue bonds, or otherwise extend its credit for the purpose of acquiring or improving a water or sewer system, or other income-producing project; provided that […]
Section 41-10-129 – Power to Create Local Improvement Districts Vested in Board.
41-10-129. Power to create local improvement districts vested in board. The power to create local improvement districts in a district organized pursuant to this act, to assess the cost of the construction of public improvements of a local and municipal character or a part thereof against benefited property therein, and to issue special assessment bonds […]
Section 41-10-130 – Submission of Question of Creating Indebtedness to Voters Upon Determination by Resolution That Interest of District and Public Interest or Necessity Demand the Acquisition or Improvement of Projects, Making of Contracts.
41-10-130. Submission of question of creating indebtedness to voters upon determination by resolution that interest of district and public interest or necessity demand the acquisition or improvement of projects, making of contracts. Whenever any board shall determine, by resolution, that the interest of said district and the public interest or necessity demand the acquisition or […]
Section 41-10-116 – Matters to Be Considered in Certifying Annual Levies; Additional Levies.
41-10-116. Matters to be considered in certifying annual levies; additional levies. The board, in certifying annual levies, shall take into account the maturing indebtedness for the ensuing year as provided in its contracts, maturing general obligation bonds and interest on such bonds, and deficiencies and defaults of prior years, and shall make ample provision for […]
Section 41-10-117 – Duty of County Officials to Levy and Collect Tax; Monthly Payment of Collections to Treasurer of District; Taxes to Constitute Perpetual Lien; Lien to Be on Parity With General Tax Lien.
41-10-117. Duty of county officials to levy and collect tax; monthly payment of collections to treasurer of district; taxes to constitute perpetual lien; lien to be on parity with general tax lien. It shall be the duty of the body having authority to levy taxes within each county to levy the taxes provided in this […]
Section 41-10-118 – Sale of Real and Personal Property for Nonpayment of Taxes.
41-10-118. Sale of real and personal property for nonpayment of taxes. If the taxes levied are not paid, then delinquent real property shall be sold at the regular tax sale for the payment of said taxes, interest and penalties, in the manner provided by the statutes of the state of Wyoming for selling real property […]
Section 41-10-119 – Authority of Board to Levy Taxes and Collect Revenue for Purpose of Creating a Reserve Fund.
41-10-119. Authority of board to levy taxes and collect revenue for purpose of creating a reserve fund. Whenever any indebtedness has been incurred by a district, it shall be lawful for the board to levy taxes and collect revenue for the purpose of creating a reserve fund in such amount as the board may determine, […]
Section 41-10-120 – Change in Boundaries of Districts; Generally.
41-10-120. Change in boundaries of districts; generally. (a) The boundary of any district organized under the provisions of this act may be changed in the manner prescribed in the Special District Elections Act of 1994, but the change of boundaries of the district shall not impair nor affect its organization, nor shall it affect, impair […]
Section 41-10-124 – Authority of District to Borrow Money; Types of Securities Permitted to Evidence Borrowing; Exemption of Securities From Taxation.
41-10-124. Authority of district to borrow money; types of securities permitted to evidence borrowing; exemption of securities from taxation. (a) A district may borrow money and issue the following securities to evidence such borrowing: (i) Short-term notes; (ii) General obligation bonds and other like securities; (iii) Revenue bonds and other like securities; and (iv) Special […]