| | | The special district meeting must be called and held as | | provided in section 10 of this chapter, except that the warrant | | described in section 10 of this chapter must additionally set | | forth the vote of the directors authorizing said bonds, together | | with the proposed form of the ballot to be used at such special | | meeting.__At the special district meeting, a vote on the question | | of whether the bonds must be issued must be voted on by ballot | | and the form must be as follows: |
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| | | HOSPITAL ADMINISTRATIVE DISTRICT NO. 1 |
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| | | Do you favor a bond issue for Hospital Administrative District | | No. 1 in the amount of $....... bearing interest not to exceed | | ..... percent for the purpose of procuring funds for the | | following purposes:__(Insert brief description of purpose for | | which bonds are to be sold)? |
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| | | If in favor of the bond issue, make a cross (X) or check (4) | | in this square.__Yes [ ] |
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| | | If opposed to the bond issue, make a cross (X) or check (4) in | | this square.__No [ ] |
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| | | If a majority of the qualified voters voting at the special | | district meeting approve the issue of the bonds, the vote of the | | board of directors authorizing the issuance of the bonds becomes | | effective; if not approved, the vote is void.__The voters | | eligible and qualified to vote at the special district meeting | | are determined by use of the district voting list as of the date | | on which the board of directors adopted its vote. |
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| | | Sec. 8. P&SL 1967, c. 58, §5, as repealed and replaced by P&SL 1967, c. | | 211, §2, is repealed. |
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| | | Sec. 9. P&SL 1967, c. 58, §5-A, as enacted by P&SL 1987, c. 29, §3, is | | amended to read: |
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| | | *Sec. 5-A. Authority to issue notes limited to portion of operating expenses. In | | addition to the other powers provided by this Act, the district | | may, by vote of a majority of its directors and without action by | | the voters of the district, issue notes of the district to pay | expenses of operation, but not limited | to, capital and other expenditures for projects and services not | previously carried out by the district | capital expenses. Notes issued pursuant to this section shall | | may not exceed at any one time outstanding more than 10% of the | | district's operating expenses as set forth in its last audited |
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