11-5.1. Grand list The grand list of the Town of Essex composed of the taxable property and estate within the limits of the District shall constitute the grand list of the District. The District may at an annual or special meeting legally warned for that purpose vote to lay and assess a tax on its […]
11-5.2. Borrowing The District may borrow money in any year in anticipation of taxes assessed in such year, in an amount not to exceed 90 percent of the taxes assessed in such year. Such notes or orders, however, must mature within one year from the date thereof and be paid from the taxes assessed and […]
11-5.3. Issuance of negotiable bonds The District is hereby authorized and empowered by a vote of a majority of all voters voting at a legally warned meeting held for that purpose to issue its negotiable bonds or negotiable interest-bearing notes pursuant to State statutes.
