Section 184.614

Title XI EDUCATION AND LIBRARIES

Chapter 184

Effective - 28 Aug 1990   

  184.614.  Tax levy requirements — additional indebtedness — election — ballot form. — 1.  Before incurring any indebtedness under the provisions of section 184.612, the board of the district shall provide for the collection of an annual tax on all taxable tangible property therein sufficient to pay the interest and principal of the indebtedness as they fall due and to retire the same within twenty years from the date contracted.  The tax levy shall be in addition to that tax levy authorized by the voters as provided in sections 184.600 and 184.604.

  2.  For the purpose of incurring additional indebtedness as provided in section 184.612, the board of the district shall submit the question to the voters of the district.

  3.  The question shall be submitted in substantially the following form:

Shall the ______ Metropolitan Zoo District issue bonds in the amount of ______ dollars for the purpose of ______?

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(L. 1990 S.B. 525 § 7 subsecs. 1, 2, 3)