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SB 835, 64th R.S.
Providing that contracts for drainage improvements may be awarded in sections; providing that bond election petitions shall state the maximum rate of interest to be borne by the district's bonds; providing for the amount of bonds stated in the petition; providing for the amount of bonds stated in the petition; providing for interest during construction on the bonds for not more than two years; providing for the issuance of bonds in one or more installments; providing for the fixing of terms and conditions for the district's bonds; providing that bonds be approved by the attorney general prior to delivery to the purchaser; permitting the sale of bonds subsequent to approval at an election; providing for compensation for persons selling bonds; permitting the assessment of district property at a different percentage of its actual value than for state and county purposes as determined by the board.

Last action: Referred to subcommittee

Author: R.A. "Bob" Gammage

Companion:

HB 1804 (Identical)

Subjects:
Special Districts & Authorities--Water & Utility

House Committee: Natural Resources ()
Minutes: May 20 1975 | May 27 1975
Senate Committee: Intergovernmental Relations ()
Minutes: April 22 1975


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