Idaho State Statutes - Idaho Attorney Directory

Upon the establishment of any stumpage
district under the provisions of this chapter and the establishment of a
system of stumping lands therein as provided for in this chapter, the board of
stumpage commissioners of such district are hereby authorized to issue coupon
bonds to pay for the total cost of the work and improvements incurred or to be
incurred, or, of the part of the work and improvements assumed or contracted
for, or to be assumed or contracted for, together with the costs of the
organization of said district and the establishment thereof, including damages
assessed and compensation made or to be made to the landowners for expense and
costs of the entire proceedings, payable at a time not less than five (5)
years nor longer than twenty (20) years from the date thereof: provided, that
no bonds shall, under the provisions thereof, be sold for less than par value.

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