PART I.--GOVERNMENT BY MAYOR AND COUNCIL AND GENERAL LAWS
Article 12.--PUBLIC UTILITIES
13-1259.Same; issuance of bonds; publication notice; protest; election.
The governing body of any municipality, by a two-thirds vote thereof, or
where the utilities are under the control and
management of a board of public utilities, the board
by a three-fifths vote thereof, may contract for or make repairs,
extensions, reconstruction, alteration, improvements or enlargements of
its municipally owned water and light utilities and issue or request the
issuance of revenue bonds for the cost thereof without submitting to a vote
of such municipality the proposal to contract for or make such repairs,
extensions, reconstruction, alteration, improvements or enlargements,
and to issue revenue bonds as provided for herein in payment of the cost
thereof. Before contracting for or making any such repairs, extensions,
reconstruction, alteration, improvements or enlargements, to be paid for
by revenue bonds, the governing body of such municipality shall cause to be published in
the official paper of the municipality, a notice of its intention to do
so, which notice shall
describe the nature of the proposed repairs, extensions, reconstruction,
alteration, improvements or enlargements, state the total amount of the
cost thereof, and the amount of the revenue bonds proposed to be issued
in payment thereof.
If within fifteen days after the publication, as aforesaid, of such
notice, there shall be filed with the clerk of such municipality a
written protest against such repairs, extensions, reconstruction,
alteration, improvements or enlargements, and such bond issue, signed by
not less than twenty percent of the qualified electors of such
municipality, the governing body thereof shall thereupon submit such
proposed project and proposed bond issue to the qualified electors of
such municipality at a special election to be called for that purpose,
upon at least ten days' notice, to be held not later than fifteen days
after the filing of such protest, or at a regular city election or
general election which will occur not sooner than fifteen days nor later
than sixty days after the filing of such protest. In the event a
majority of such electors voting on such proposition at such election
shall vote in favor thereof, such repairs, extensions, reconstruction,
alteration, improvements or enlargements, shall be made, and the revenue
bonds may be issued in payment of the cost thereof.
History: L. 1941, ch. 142, § 8; L. 1951, ch. 156, § 5; L. 1980,
ch. 72, § 15; April 14.
PART I.--GOVERNMENT BY MAYOR AND COUNCIL AND GENERAL LAWS
Article 12.--PUBLIC UTILITIES
13-1259.Same; issuance of bonds; publication notice; protest; election.
The governing body of any municipality, by a two-thirds vote thereof, or
where the utilities are under the control and
management of a board of public utilities, the board
by a three-fifths vote thereof, may contract for or make repairs,
extensions, reconstruction, alteration, improvements or enlargements of
its municipally owned water and light utilities and issue or request the
issuance of revenue bonds for the cost thereof without submitting to a vote
of such municipality the proposal to contract for or make such repairs,
extensions, reconstruction, alteration, improvements or enlargements,
and to issue revenue bonds as provided for herein in payment of the cost
thereof. Before contracting for or making any such repairs, extensions,
reconstruction, alteration, improvements or enlargements, to be paid for
by revenue bonds, the governing body of such municipality shall cause to be published in
the official paper of the municipality, a notice of its intention to do
so, which notice shall
describe the nature of the proposed repairs, extensions, reconstruction,
alteration, improvements or enlargements, state the total amount of the
cost thereof, and the amount of the revenue bonds proposed to be issued
in payment thereof.
If within fifteen days after the publication, as aforesaid, of such
notice, there shall be filed with the clerk of such municipality a
written protest against such repairs, extensions, reconstruction,
alteration, improvements or enlargements, and such bond issue, signed by
not less than twenty percent of the qualified electors of such
municipality, the governing body thereof shall thereupon submit such
proposed project and proposed bond issue to the qualified electors of
such municipality at a special election to be called for that purpose,
upon at least ten days' notice, to be held not later than fifteen days
after the filing of such protest, or at a regular city election or
general election which will occur not sooner than fifteen days nor later
than sixty days after the filing of such protest. In the event a
majority of such electors voting on such proposition at such election
shall vote in favor thereof, such repairs, extensions, reconstruction,
alteration, improvements or enlargements, shall be made, and the revenue
bonds may be issued in payment of the cost thereof.
History: L. 1941, ch. 142, § 8; L. 1951, ch. 156, § 5; L. 1980,
ch. 72, § 15; April 14.
PART I.--GOVERNMENT BY MAYOR AND COUNCIL AND GENERAL LAWS
Article 12.--PUBLIC UTILITIES
13-1259.Same; issuance of bonds; publication notice; protest; election.
The governing body of any municipality, by a two-thirds vote thereof, or
where the utilities are under the control and
management of a board of public utilities, the board
by a three-fifths vote thereof, may contract for or make repairs,
extensions, reconstruction, alteration, improvements or enlargements of
its municipally owned water and light utilities and issue or request the
issuance of revenue bonds for the cost thereof without submitting to a vote
of such municipality the proposal to contract for or make such repairs,
extensions, reconstruction, alteration, improvements or enlargements,
and to issue revenue bonds as provided for herein in payment of the cost
thereof. Before contracting for or making any such repairs, extensions,
reconstruction, alteration, improvements or enlargements, to be paid for
by revenue bonds, the governing body of such municipality shall cause to be published in
the official paper of the municipality, a notice of its intention to do
so, which notice shall
describe the nature of the proposed repairs, extensions, reconstruction,
alteration, improvements or enlargements, state the total amount of the
cost thereof, and the amount of the revenue bonds proposed to be issued
in payment thereof.
If within fifteen days after the publication, as aforesaid, of such
notice, there shall be filed with the clerk of such municipality a
written protest against such repairs, extensions, reconstruction,
alteration, improvements or enlargements, and such bond issue, signed by
not less than twenty percent of the qualified electors of such
municipality, the governing body thereof shall thereupon submit such
proposed project and proposed bond issue to the qualified electors of
such municipality at a special election to be called for that purpose,
upon at least ten days' notice, to be held not later than fifteen days
after the filing of such protest, or at a regular city election or
general election which will occur not sooner than fifteen days nor later
than sixty days after the filing of such protest. In the event a
majority of such electors voting on such proposition at such election
shall vote in favor thereof, such repairs, extensions, reconstruction,
alteration, improvements or enlargements, shall be made, and the revenue
bonds may be issued in payment of the cost thereof.
History: L. 1941, ch. 142, § 8; L. 1951, ch. 156, § 5; L. 1980,
ch. 72, § 15; April 14.