305.333. Tax levy--rate--procedure to adopt--election, when--ballot form--use of revenue. - Missouri Statutes

Tax levy--rate--procedure to adopt--election, when--ballot form--useof revenue.

305.333. 1. The board of directors of any county airportauthority may levy, if a majority of the voters voting thereonapprove, in addition to all other taxes heretofore approved, atax of not more than twenty-five cents per one hundred dollars ofassessed valuation to be used for the support of the authority.

2. The proposition to levy the tax authorized by subsection1 of this section may be submitted by the board of directors atthe next regular municipal or school election conducted by thecounty clerk in such county or at a special election called forthe purpose, or upon petition of two hundred registered voters ofthe county. A separate ballot containing the question shall readas follows:

Shall the board of directors of the .......................County Airport Authority be authorized to levy a tax of................... cents on the one hundred dollars assessedvaluation to provide funds for the support of the authority?

â ã FOR THE PROPOSITION â ã

AGAINST THE PROPOSITION

(Place an X in the square opposite the one for which you wishto vote.)If a majority of the qualified voters casting votes thereon be infavor of the question, the board of directors shall accordinglylevy a tax in accordance with the provisions of this section, butif a majority of the voters casting votes thereon do not vote infavor of the levy authorized by this section, no tax shall belevied.

3. Funds derived from the tax which may be levied pursuantto this section may be used to pay the principal and interest ofany revenue bonds which may have been issued by the authority, orfor any other purpose within the powers of the authority.

(L. 1985 S.B. 145 & 166 § 11)