50-1768. BONDS PAYABLE FROM FUND. Whenever a municipality has created a "Local Improvement Guarantee Fund," under the provisions of [this act,] any local improvement district bonds issued thereafter shall provide that the principal sum of such funds [bonds] and the interest thereon shall be payable out of the local improvement fund created for the payment of cost and expenses of the improvement or out of any "Local Improvement Guarantee Fund," duly authorized and created, and not otherwise.
History:
[50-1768, added 1967, ch. 429, sec. 353, p. 1249.]
Structure Idaho Code
Title 50 - MUNICIPAL CORPORATIONS
Chapter 17 - LOCAL IMPROVEMENT DISTRICT CODE — GUARANTEE FUND
Section 50-1701 - SHORT TITLE.
Section 50-1702 - DEFINITIONS.
Section 50-1703 - POWERS CONFERRED.
Section 50-1703A - LOCAL BUSINESS IMPROVEMENT DISTRICTS.
Section 50-1704 - IMPROVEMENTS ON RAILROAD TRACKS OR ON ONE SIDE OF A STREET.
Section 50-1705 - MODIFIED DISTRICT.
Section 50-1706 - INITIATION OF ORGANIZATION OF DISTRICT.
Section 50-1707 - RESOLUTION OF INTENTION TO CREATE DISTRICT.
Section 50-1708 - NOTICE OF INTENTION AND HEARING.
Section 50-1709 - PROTESTS AND HEARING.
Section 50-1710 - ORDINANCE CREATING IMPROVEMENT DISTRICT AND PROCEDURE FOR CONSTRUCTION BIDS.
Section 50-1711 - LIMITATION ON ASSESSMENTS AGAINST PROPERTY.
Section 50-1712 - PREPARATION OF ASSESSMENT ROLL AND NOTICE OF HEARING THEREON.
Section 50-1713 - NOTICE OF HEARING ON ASSESSMENT ROLL.
Section 50-1714 - HEARING OBJECTIONS TO ASSESSMENT ROLL AND CONFIRMATION.
Section 50-1715 - CONFIRMATION OF ASSESSMENT ROLL.
Section 50-1716 - NOTICE AND PAYMENT OF ASSESSMENTS.
Section 50-1717 - INSTALLMENT DOCKET.
Section 50-1718 - APPEAL PROCEDURE — EXCLUSIVE REMEDY.
Section 50-1719 - ADDITIONAL IMPROVEMENTS.
Section 50-1720 - REASSESSMENT OF BENEFITS.
Section 50-1721 - LIEN OF ASSESSMENT — FORECLOSURE.
Section 50-1721A - SEGREGATION OF ASSESSMENTS.
Section 50-1722 - BONDS — REGISTERED WARRANTS — INTERIM WARRANTS.
Section 50-1723 - LIABILITY OF MUNICIPALITY.
Section 50-1724 - BOND AND INTEREST FUNDS.
Section 50-1725 - REISSUE OF BONDS.
Section 50-1726 - RIGHTS AGAINST ASSESSMENTS.
Section 50-1727 - PUBLICATION AND CONCLUSIVENESS OF PROCEEDINGS.
Section 50-1728 - CONSOLIDATED LOCAL IMPROVEMENT DISTRICTS AUTHORIZED.
Section 50-1738 - DELINQUENT INSTALMENTS.
Section 50-1739 - DELINQUENT CERTIFICATES.
Section 50-1740 - DELINQUENT CERTIFICATE REGISTER.
Section 50-1741 - ASSIGNMENT OF DELINQUENT CERTIFICATES.
Section 50-1742 - FORM OF ASSIGNMENT — ASSIGNMENT BY PURCHASER.
Section 50-1745 - NOTICE OF EXPIRATION OF TIME OF REDEMPTION.
Section 50-1746 - PROOF OF NOTICE.
Section 50-1747 - EFFECT OF DEED AS EVIDENCE.
Section 50-1748 - DELINQUENCY CERTIFICATE FOR SUBSEQUENT INSTALMENTS.
Section 50-1749 - FEES OF TREASURER.
Section 50-1750 - SUIT TO QUIET TITLE.
Section 50-1751 - SALE OF PROPERTY DEEDED TO MUNICIPALITY.
Section 50-1752 - SALE OF PROPERTY AFTER MATURITY OF BONDS.
Section 50-1753 - DISPOSITION OF FUNDS.
Section 50-1754 - DELINQUENT CERTIFICATE NOT ASSIGNABLE DURING PENDENCY OF ACTION.
Section 50-1755 - DUTIES OF OFFICERS.
Section 50-1762 - LOCAL IMPROVEMENT GUARANTEE FUND — CREATION OF FUND.
Section 50-1765 - MAINTENANCE AND OPERATION AND SOURCES OF FUND.
Section 50-1766 - REPLENISHMENT OF FUND — WARRANTS — ISSUANCE AGAINST FUND — TAX LEVY.
Section 50-1767 - BONDS AND WARRANTS — REVENUES FROM WHICH PAYABLE.
Section 50-1768 - BONDS PAYABLE FROM FUND.
Section 50-1769 - EXCESS IN FUND — DISPOSITION.
Section 50-1770 - UNPATENTED LANDS — ASSESSMENT FOR IMPROVEMENTS.
Section 50-1771 - RESERVE FUND AUTHORIZED.
Section 50-1772 - COMMERCIALLY REASONABLE CREDIT ASSURANCES.