Idaho State Statutes - Idaho Attorney Directory

CREATION OF INDEBTEDNESS FOR WORKS, IMPROVEMENTS OR EQUIPMENT --
ELECTION ON PROPOSED INDEBTEDNESS. Whenever the board of the hospital district
shall by resolution, determine that the interest of said district and the
public interest or necessity demand, the acquisition, construction,
installation, or completion of any works or other improvements of facilities
or the construction, installation and maintenance of a hospital, hospital
grounds, medical clinic, nursing home, nurses' quarters and other structural
components or fixtures, or for the enlargement, improvement and acquisition of
existing hospital, hospital grounds, medical clinic, nursing home, nurses'
quarters and other structural components or fixtures, or the making of any
contract with the United States or other persons or corporations, public or
private, municipalities or governmental subdivisions to carry out the said
public works, acquisitions, improvements, objects or purposes of said district
requiring the creation of an indebtedness of one hundred thousand dollars
($100,000) or more, and in any event when the indebtedness will exceed the
income and revenue provided for the year, the board shall order the submission
of the proposition of issuing such obligations or bonds or creating other
indebtedness to the qualified electors of the district at an election held,
subject to the provisions of section 34-106, Idaho Code, for that purpose;
whenever the board of the hospital district shall by resolution determine that
the interest of said district and the public interest or necessity demand the
acquisition of medical or business equipment for said district requiring the
creation of an indebtedness of one hundred thousand dollars ($100,000) or more
and, in any event, when the indebtedness will exceed the income and revenue as
provided for the year, the board shall order the submission of the proposition
of creating such indebtedness to the qualified electors of the district at an
election, subject to the provisions of section 34-106, Idaho Code, held for
that purpose; provided, however, that no election shall be required for any
lease or other transaction entered into between the hospital district and the
Idaho health facilities authority. Notwithstanding any other provision, the
hospital district shall be entitled to enter into a lease or other transaction
regardless of the amount involved with the Idaho health facilities authority
upon determination by the board of the hospital district that it is in the
interest of the hospital district and best interests of the public to enter
into such lease or other transaction. The declaration of public interest or
necessity, herein required, and the provision for the holding of such election
may be included within one (1) and the same resolution, which resolution, in
addition to such declaration of public interest or necessity shall recite the
objects and purposes for which the indebtedness is proposed to be incurred,
the estimated costs of the works, improvements, or medical or business
equipment, as the case may be, the amount of principal of the indebtedness to
be incurred therefor, and the maximum rate of interest to be paid on such
indebtedness. Such resolutions shall also fix the date upon which such
election shall be held, and the manner of holding the same, and the method of
voting for or against the incurring of the proposed indebtedness; such
resolution shall also fix the compensation to be paid the officers of the
election and shall designate the polling place or places and shall appoint for
each polling place, from the qualified electors of the district, the officers
of such election, consisting of three (3) judges, one (1) of whom shall act as
the clerk, provided, however, that no district shall issue or have outstanding
its coupon bonds in excess of two percent (2%) of the market value for
assessment purposes of the real and personal property within the said
district, according to the assessment of the year preceding any such issuance
of such evidence of indebtedness for any or all of the propositions specified
in this election, provided, however, that such bonds shall not be issued, nor
shall any indebtedness be incurred, at any time that there shall be a bond
issue outstanding and unpaid for the construction, acquisition or maintenance
of a county hospital in the county in which such district is organized.

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