9-7-511 - Library bonds -- Issuance of previously voted bonds.
9-7-511. Library bonds -- Issuance of previously voted bonds.
(1) When an election has been held in any county to authorize bonds of the county for thepurpose of acquiring, improving, and extending a public library for the county, including theacquisition of equipment, furnishings, and books, and it was specified in the proposition that thebonds are to be payable from ad valorem taxes to be levied on all taxable property in the county,and when the election has carried, but none of the bonds authorized have been issued, the bondsauthorized to be issued at election may be issued and shall be payable from taxes to be leviedwithout limitation as to rate or amount on all taxable property in the county, despite any provisionof law to the contrary in effect at the time of the election.
(2) All county library bonds that have been authorized but not yet issued, all countylibrary bond elections previously held and carried, and all proceedings in connection with themthat were adopted for the authorization of the bonds are hereby validated, ratified, approved, andconfirmed, and the bonds, when issued in accordance with the election and proceedings, shall bebinding, legal, valid, and enforceable obligations of the county issuing them in accordance withtheir terms.
Renumbered and Amended by Chapter 241, 1992 General Session