48-1031. Definitions In this article, unless the context otherwise requires: 1. " Clerk" means the clerk of the board of supervisors. 2. " Debt service" means the principal of, interest on and premium, if any, on the bonds, when due, whether at maturity or prior redemption and costs of registrars, trustees, paying agents or other […]
48-1032. Resolution declaring intention to form district A. If the public convenience and necessity require, the board of supervisors of a county having a population of more than ninety thousand but less than two hundred fifty thousand persons according to the most recent United States decennial census, on its own motion or on receipt of […]
48-1033. Notice A. The clerk shall execute a notice which shall read substantially as follows: To whom it may concern: The board of supervisors of _______________ county, on (date) , adopted the attached resolution declaring its intention to form a tax levying rural road improvement district. A hearing on formation will be held on (date) […]
48-1034. Objections; hearing on formation A. Any person claiming an interest in real property which the resolution discloses is in the district may file a written objection with the clerk before 5:00 p.m. on the business day preceding the date set for the hearing. The objection may raise one or more of the following: 1. […]
48-1035. Order forming district; election A. After the hearing, the board of supervisors may adopt a resolution ordering the formation of the district, deleting any property which the board determines should be excluded from the district, adding any property which the board determines should be included in the district, modifying the proposed improvements or determining […]
48-1036. Judicial review A. A person claiming an interest in property who filed a written objection and who presented testimony or evidence at the hearing may seek review of the order forming the district and the decision of the board of supervisors at the hearing. The action shall be begun in the superior court in […]
48-1037. Notice and conduct of elections; waiver A. Any election under this article shall be called by posting notices in three public places within the boundaries of the district not less than twenty days before the election. Notice shall also be published in a newspaper of general circulation in the county once a week for […]
48-1038. Formation A. If the formation of the district is approved by a majority of the votes cast at the election, the board of supervisors shall order the formation, setting the district boundaries and ordering that a map showing the district boundaries be drawn and a copy of the order forming the district be delivered […]
48-1039. Powers of a rural road improvement district A. In addition to the powers otherwise granted to a district pursuant to this article a district may with respect to the rural road improvements for which the district was established: 1. Enter into contracts and intergovernmental agreements and expend monies for any rural road improvement in […]
48-1040. Records; board of directors; open meetings A. The district shall keep the following records which shall be open to public inspection: 1. Minutes of all meetings of the board. 2. All resolutions. 3. Accounts showing all monies received and disbursed. 4. An annual budget. 5. All other records required to be maintained by law. […]
48-1041. Participation by county The board of supervisors, by resolution, may summarily order that the county pay part of the costs of any rural road improvement, including preliminary incidental costs.
48-1042. Other districts or improvements The formation of a district under this article does not prevent the improvement or assessment of land in the district by the county pursuant to article 1 of this chapter or the exercise by the county of any of its powers on the same basis as on all other land […]
48-1043. Change in district boundaries or plan A. After the formation election, an area may be deleted from the district only following a hearing on notice given to the owners of land in the district in the manner prescribed in this article for the formation hearing. Deleted areas remain subject to the levy for debt […]
48-1044. Finances The rural road improvement projects may be financed from the following sources of revenue: 1. Proceeds received from the sale of bonds of the district. In addition to issuing general obligation bonds as prescribed by section 48-1045, the district may issue improvement bonds in the manner prescribed for county improvement districts established pursuant […]
48-1045. General obligation bonds A. At any time after the hearing on formation of the district, the district board, or if before formation, the board of supervisors, may order and call a general obligation bond election to submit to the qualified electors of the district the question of authorizing the district board to issue general […]
48-1046. Terms of bonds A. With respect to any bonds, the district board shall prescribe the denominations of the bonds, the size of each issue and the form of the bonds and shall establish the maturities, interest payment dates and interest rates, whether fixed or variable, not exceeding the maximum rate stated in the notice […]
48-1047. District taxes The district board shall make annual statements and estimates of the amount to be raised to pay general obligation bonds of the district, which shall be provided for by the levy and collection of ad valorem taxes on the assessed value of all the taxable real and personal property in the district. […]
48-1048. Dissolution of district A. When the district board certifies that the rural road improvements for which the district was formed are completed and comply with county standards, the district board shall dissolve the district. B. On dissolution of the district all assets of the district are transferred to the county. C. All taxable property […]