Effective – 28 Aug 1978 164.121. Purposes for which bonds may be issued in districts other than metropolitan and urban. — 1. The school board of any district other than a metropolitan or urban district may borrow money and issue bonds for the payment thereof for the following purposes: (1) Purchasing schoolhouse sites and other […]
Effective – 28 Aug 1978 164.131. Purposes for which bonds may be issued in urban districts — notice to contain certain information. — 1. In urban districts, the board may borrow money and issue bonds for the payment thereof for the following purposes: (1) Purchasing sites for schoolhouses, public library buildings, art galleries, museums, janitors’ […]
Effective – 28 Aug 1978 164.141. Purposes for which bonds may be issued in metropolitan districts — notice to contain certain information. — For the purpose of purchasing schoolhouse sites, erecting schoolhouses, library buildings and furnishing the same and building additions to, or repairing old buildings, the board of education in metropolitan districts may borrow […]
Effective – 28 Aug 2008 164.151. Form of ballot in all districts — percentage required for approval. — 1. The questions on bond issues in all districts shall be submitted in substantially the following form: Shall the ______ board of education borrow money in the amount of ______ dollars for the purpose of ______ and […]
Effective – 28 Aug 1999 164.161. Restrictions on loans. — The loans authorized by sections 164.121 to 164.141 shall not be contracted for a longer period than twenty years, and the entire amount of the loans shall at no time exceed, including the present indebtedness of the district, the maximum aggregate percentage, as set forth […]
Effective – 28 Aug 1963 164.181. Duties of treasurer of seven-director districts — liability. — The treasurer of the board of seven-director districts is the custodian of all moneys collected for liquidating any bonded indebtedness and interest on the same, and is responsible on his official bond for the safekeeping and proper appliance of the […]
Effective – 28 Aug 1963 164.191. Issuance by any district of funding and refunding bonds — record. — The board of any school district may issue funding and refunding bonds for the district, in accordance with sections 108.140 to 108.170. Each bond shall be signed by the president, countersigned by the clerk and authenticated by […]
Effective – 28 Aug 1963 164.201. Exchange and sale of refunding bonds — restrictions. — No refunding or renewal bond shall be exchanged by the board of any school district for any outstanding bond for a sum less than ninety cents on the dollar of its face value. The board also may sell the refunding […]
Effective – 28 Aug 1969 164.221. Redeemed bonds of school districts to be destroyed — record — witnesses. — Whenever any bonds of any school district are redeemed or paid off, the bonds shall be burned or shredded in the presence of two members of the school board and two other credible persons as witnesses […]
Effective – 28 Aug 1969 164.231. Issuance of revenue bonds to pay for dormitory, athletic stadiums by seven-director districts — security for bonds. — For the purpose of providing funds for the acquisition, construction, erection, equipment and furnishing of dormitory or of school athletic stadiums or structures, and for providing a site therefor, including offstreet […]
Effective – 28 Aug 1963 164.241. Approval by two-thirds of directors required for issuance of bonds. — Bonds may be issued under section 164.231 pursuant to resolution adopted by the affirmative vote of two-thirds of the members of the board of directors of the school district, and no other proceedings shall be required therefor. ——– […]
Effective – 28 Aug 1963 164.251. Bonds not to constitute an indebtedness. — Any bonds issued under and pursuant to sections 164.231 to 164.301 shall not be deemed to be an indebtedness of the state of Missouri, or of any school district or of the board thereof, or of the individual members of the school […]
Effective – 28 Aug 1963 164.261. Bonds, denomination, interest rate, contents — negotiable — income exempt from state tax — how sold. — 1. Revenue bonds issued under section 164.231 shall be of such denomination, shall bear such rate of interest not to exceed four percent per annum, and shall mature at such time within […]
Effective – 28 Aug 1963 164.271. Board may prescribe form and detail of bonds — may be compelled to perform duties and agreements of district. — 1. The board of the school district issuing bonds under section 164.231 may prescribe the form, details and incidents of the bonds and make such covenants as in its […]
Effective – 28 Aug 1963 164.281. Operating expense may include cost of athletic equipment and uniforms. — The school board may provide for the setting aside and including as an operating expense of the project an amount of the estimated annual income and revenues, in the judgment of the board reasonably necessary, and use the […]
Effective – 28 Aug 1963 164.291. Records of bonds, payment and revenues to be kept — disposition of surplus revenues. — The school board shall provide for the keeping of accurate records of the issuance of the bonds and payment, retirement and cancellation thereof, and of the revenues and receipts from, and the disbursements for […]
Effective – 28 Aug 1963 164.301. Refunding of bonds. — 1. The revenue bonds issued pursuant to the provisions of sections 164.231 to 164.301 may be refunded in whole or in part in any of the following circumstances, to wit: (1) When any of the bonds have by their terms become due and payable and […]
Effective – 01 Jul 2006 164.303. School district bond fund established, purpose to fund health and educational facilities authority, costs and grants — lapse into general revenue fund, prohibited. — There is hereby established in the state treasury the “School District Bond Fund”. Such amounts as may be necessary to fund the annual requests submitted […]
