11-14-201 - Election on bond issues -- Qualified electors -- Resolution and notice. - Utah Statutes

11-14-201. Election on bond issues -- Qualified electors -- Resolution and notice.
(1) The governing body of any local political subdivision that wishes to issue bondsunder the authority granted in Section 11-14-103 shall, at least 75 days before the date ofelection:
(a) approve a resolution submitting the question of the issuance of the bonds to the votersof the local political subdivision; and
(b) provide a copy of the resolution to:
(i) the lieutenant governor; and
(ii) the election officer, as defined in Section 20A-1-102, charged with conducting theelection.
(2) The local political subdivision may not issue the bonds unless the majority of thequalified voters of the local political subdivision who vote on the bond proposition approve theissuance of the bonds.
(3) Nothing in this section requires an election for the issuance of:
(a) refunding bonds; or
(b) other bonds not required by law to be voted on at an election.
(4) The resolution calling the election shall include a ballot proposition, in substantiallyfinal form, that complies with the requirements of Subsection 11-14-206(2).

Amended by Chapter 83, 2006 General Session