Idaho State Statutes - Idaho Attorney Directory

INDEBTEDNESS INCURRED UPON FAVORABLE VOTE -- RESUBMISSION OF
PROPOSITION NOT RECEIVED FAVORABLY. In the event that it shall appear from
said returns that two-thirds (2/3) of the qualified electors of the district
voting at such election shall have voted in favor of such proposition or any
proposition submitted hereunder at such election, the district shall thereupon
be authorized to incur such indebtedness or obligations, enter into such
contract or issue and sell bonds of the district, as the case may be, all for
the purpose or purposes, and object or objects provided for in the
propositions submitted hereunder and in the resolution therefor and in the
amount so provided at a rate of interest not exceeding the rate of interest
recited in such resolution. The submission of the proposition of incurring
such obligation or bonded or other indebtedness at such an election shall not
prevent or prohibit submission of the same, or other propositions, at
subsequent election or elections called for such purpose at any time, held
subject to the provisions of section 34-106, Idaho Code.

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