§ 15-9-213 — Revenue bonds

In addition to the bonds authorized pursuant to W.S. 15-9-212,
the municipality may issue revenue bonds payable solely from
legally available nontax revenues of the municipality. Except
for the foregoing, bonds shall be issued pursuant to all the
other provisions of W.S. 15-9-211. However, revenue bonds issued
pursuant to this section shall not constitute an indebtedness of
the municipality within the meaning of any constitutional or
statutory limitations but an election of the qualified electors
of the municipality shall be required for the issuance thereof.
The election shall be called, conducted, canvassed and returned
in the manner provided for bond elections by the Political
Subdivision Bond Election Law, W.S. 22-21-101 through 22-21-112.
Each revenue bond issued pursuant to this section shall recite
in substance that the bond, including interest thereon, is
payable solely from the nontax revenues or special funds pledged
to the payment thereof and the bond does not constitute a debt
of the municipality within the meaning of any constitutional or
statutory limitations.