Idaho Statutes

§ 50-1019 — PURPOSES FOR WHICH BONDS MAY BE ISSUED — LIMITATION ON AMOUNT

Idaho·Title 50 MUNICIPAL CORPORATIONS·Ch. 10 FINANCES

Every city incorporated under the laws of the territory of Idaho or of the state of Idaho shall have power and authority to issue city coupon bonds not to exceed in aggregate at any time, ten per cent (10%) of the assessed full cash valuation of the real and personal property in said city, according to the assessment of the preceding year, for any or all of the purposes specified as follows:

1.To provide for constructing, laying out, grading, curbing, draining, sidewalking or otherwise improving streets, alleys, intersections, crossings and crosswalks; and to construct, or aid in the construction of bridges across streams within or contiguous to, or within one (1) mile of the exterior limits of, such city.
2.To provide for the funding, refunding, purchase and redemption of the outstandin

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Related

Bogert v. Kinzer
465 P.2d 639 (Idaho Supreme Court, 1970)
26 case citations

Legislative History

[50-1019, added 1967, ch. 429, sec. 179, p. 1249; am. 1968 (2nd E.S.), ch. 7, sec. 1, p. 15; am. 1970, ch. 130, sec. 1, p. 305; am. 1976, ch. 163, sec. 1, p. 592; am. 1980, ch. 54, sec. 1, p. 111; am. 1980, ch. 350, sec. 22, p. 906.]

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