§ 37-43-125 — Election - notice - canvass

Whenever it is desired to sell
property of the district, the board of directors, by resolution entered in the minutes
of their proceedings, shall submit such questions to the qualified voters of said
district at a special election of the district called for such purpose or at a general
district election when noticed as provided in this section. The notice of said election
shall be published and posted for the same length of time and in the same manner
and the election shall be conducted the same as in case of an election for an
original issue of bonds. The notice shall also contain a general description of the
property, or interest therein, to be sold, the conditions of the terms of sale, the time
and manner of payment, and such other information as may be necessary to fully
advise the voters of the facts, together with the substance of any plan proposed to
carry the same into execution and any settlement with the bondholders of the
district, or any proposed contract may be published in full. The ballot shall contain
such appropriate words as shall enable the electors to indicate their approval or
disapproval of the propositions submitted. The returns shall be canvassed and the
statements of the results of said election shall be entered and filed in the same
manner as in case of an original issue of bonds. Two or more propositions may be
submitted at the same election.

Legislative History

Source: L. 17: p. 321, � 2. C.L. � 1975. CSA: C. 90, � 501. CRS 53: � 149-3-24. C.R.S. 1963: � 150-3-24.