12-1302. Same; bonds for land and improvements; election.
12-1302
12-1302. Same; bonds for land and improvements; election.
For the purpose of acquiring land for park purposes under the provisions
of this act or for the improvement thereof, cities may issue bonds whenever
in the judgment of the governing body thereof it shall be expedient to
acquire such lands or make such improvements: Provided, No such bonds
shall be issued for the purpose of making improvements for park purposes
until the governing body shall be instructed to do so by a majority of all
the votes cast on the proposition at any general or special election:
Provided further, Before bonds shall be issued for the purpose of
acquiring land for park purposes under the provisions of this act the
governing body of the city shall cause to be published once each week for
two (2) consecutive weeks in the official city paper a notice of its
intention to acquire such lands and issue bonds in payment thereof, which
shall describe the lands to be acquired and the amount of the bonds to be
issued. Such bonds may be issued and the property acquired unless a
petition requesting an election upon the issuance of such bonds, signed by
electors equal in number to not less than ten percent (10%) of the electors
who voted at the last preceding regular city election as shown by the poll
books, is filed with the city clerk within thirty (30) days following the
last publication of such resolution. In the event a sufficient petition is
filed within the time provided, no such bonds shall be issued until the
governing body shall have submitted the question to and received the
approval of a majority of those voting on the proposition at an election.
Any election held and any bonds issued shall be as provided by the
general law.
History: R.S. 1923, § 12-1302; L. 1925, ch. 96, § 1; L. 1939, ch. 97, § 2;
L. 1965, ch. 106, § 2; June 30.