Section 29.47.320. No election required.

Latest version.

An election is not required to authorize the issuance and sale of refunding bonds. Their issuance may be authorized and all proceedings with reference to them prescribed by ordinance. However, when it is desirable to use general obligation bonds to refund a revenue bond issue, the governing body shall call an election on the question.

Notes

History

(Sec. 14 ch 74 SLA 1985)

                    
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