§ 41-3-754 — Bonds; election prior to issuance generally

Wyoming § 41-3-754

• Jurisdiction: Wyoming
• Title 41: Water
• Ch. 3: WATER RIGHTS; ADMINISTRATION AND CONTROL
• Art. 7: WATER CONSERVANCY DISTRICTS

Text

Whenever the board incorporated under this act shall by
resolution adopted by a majority of the said board, determine
that the interests of said district and the public interest or
necessity demand the acquisition, construction or completion of
any source of water supply, water works, or other improvements,
or facility, or the making of any contract with the United
States or other persons or corporation, to carry out the objects
or purposes of said district, wherein the indebtedness or
obligation shall be created, to satisfy which shall require a
greater expenditure than the ordinary annual income and revenue
of the district shall permit, said board shall order the
submission of the proposition of insuring the obligation or
bonded or other indebtedness for the purposes set forth in said
resolution, to the qualified electors of the district as shall
have paid a tax on property in the district in the year
preceding the election, at an election held for that purpose.
Any election held for the purpose of submitting any proposition
or propositions of incurring the obligation or indebtedness
shall be held at an election as permitted for bond elections by
the Political Subdivision Bond Election Law, W.S. 22-21-101
through 22-21-112. The declaration of public interest or
necessity herein required and the provision for the holding of
the election may be included within one (1) and the same
resolution, which resolution, in addition to the declaration of
public interest or necessity shall recite the objects and
purposes for which the indebtedness is proposed to be incurred,
the estimated cost of the works or improvements, as the case may
be, the amount of principal of the indebtedness to be incurred
therefor, and the maximum rate of interest to be paid on the
indebtedness. The resolution shall also recite the date upon
which the election shall be held and the manner of holding the
same and the method of voting for or against the incurring of
the proposed indebtedness. The resolution shall also fix the
compensation to be paid the officers of the election and shall
designate the precincts and polling places and shall appoint for
each polling place, the officers of the election, which officers
shall be registered electors and shall consist of three (3)
judges, one (1) of whom shall act as clerk, who shall constitute
a board of election for each polling place. The description of
precincts may be made by reference to any order or orders of the
board of county commissioners of the county or counties in which
the district or any part thereof is situated or by reference to
any previous order, or resolution of the board or by detailed
description of the precincts. Precincts established by the
boards of the various counties may be consolidated for special
elections held hereunder. In the event any election under this
section shall be called to be held concurrently with any other
election or shall be consolidated therewith, the resolution
calling the election hereunder need not designate precincts or
polling places or the names of officers of election, but shall
contain reference to the act or order calling the other election
and fixing the precincts and polling places and appointing
election officers.