74-1427 Political subdivision; expend local tax funds; election; procedure. - Nebraska Statutes

74-1427. Political subdivision; expend local tax funds; election; procedure.(1) If the governing body of a political subdivision determines that it is necessary or beneficial to expend local tax funds for acquisition, rehabilitation or improvement, or operation of a light-density rail line or rail facility construction, including the issuance of bonds for the purposes set forth in the Light-Density Rail Line Assistance Act, the governing body shall by resolution place the proposition for such expenditure or bond issue on the general or primary election ballot or in odd-numbered years only call for a special election in such political subdivision for the purpose of approving such expenditure of local tax funds.(2) The resolution calling for the election and the election notice shall show the proposed purpose for which such local tax funds will be expended and the amount of money sought.(3) Notice of the election shall state the date the election is to be held and the hours the polls will be open. Such notice shall be published in a newspaper that is published in or of general circulation in such political subdivision at least once each week for three weeks prior to such election. If no such newspaper exists, notice shall be posted in at least three public places in the political subdivision for at least three weeks prior to such election.(4) The proposition appearing on the ballot in any election shall state the purpose for which such local tax funds will be spent, the amount of local tax funds to be so expended, and the source from which the revenue will be raised. Such proposition shall be adopted if approved by a majority of those voting in such election.(5) If a special election is called, the governing body shall prescribe the form of the ballot to be used. SourceLaws 1980, LB 507, § 27; Laws 1991, LB 783, § 28; Laws 1996, LB 463, § 30.