67-4917. SINKING FUND. Whenever any indebtedness has been incurred by a district authorized to levy and collect ad valorem taxes, it shall be lawful for the board to levy taxes and collect revenue for the purpose of creating a reserve fund in such amount as the board may determine, which may be used to meet the obligations of the district, for maintenance and operating charges and depreciation, and provide extensions of and betterments to the improvements of the district.
History:
[67-4917, added 1959, ch. 137, sec. 17, p. 299; am. 1987, ch. 70, sec. 8, p. 135.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Chapter 49 - AUDITORIUM DISTRICTS
Section 67-4901 - PURPOSE OF ACT.
Section 67-4902 - DEFINITIONS.
Section 67-4903 - JURISDICTION TO ESTABLISH DISTRICTS.
Section 67-4904 - PETITION — CONTENTS — AMENDMENTS.
Section 67-4905 - BOND OF PETITIONERS.
Section 67-4906 - NOTICE OF HEARING ON PETITION — JURISDICTION.
Section 67-4907 - HEARINGS ON PETITIONS — ELECTION FOR ORGANIZATION AND OFFICERS.
Section 67-4908 - QUALIFICATION OF MEMBERS OF BOARD.
Section 67-4910 - MEETINGS — VACANCIES.
Section 67-4911 - ELECTIONS — TERMS OF OFFICE.
Section 67-4912 - GENERAL POWERS OF BOARD.
Section 67-4914 - LEVY AND COLLECTION OF TAXES.
Section 67-4915 - LEVIES TO COVER DEFAULTS AND DEFICIENCIES.
Section 67-4916 - OFFICERS TO LEVY AND COLLECT TAXES.
Section 67-4917 - SINKING FUND.
Section 67-4917B - HOTEL/MOTEL ROOM SALES TAX.
Section 67-4918 - INCLUSION OF PROPERTY PETITIONED — HEARING — ORDER.
Section 67-4919 - EXCLUSION OF PROPERTY PETITIONED — HEARING — ORDER.
Section 67-4920 - LIABILITY OF PROPERTY INCLUDED OR EXCLUDED.
Section 67-4921 - ISSUANCE OF NEGOTIABLE COUPON BONDS — FORM AND TERMS.
Section 67-4922 - SUBMISSION OF PROPOSITION TO ELECTORATE.
Section 67-4922A - LEASING OF LAND AND IMPROVEMENTS.
Section 67-4923 - NOTICE OF ELECTION.
Section 67-4924 - CONDUCT OF ELECTION — CANVASS OF RETURNS.
Section 67-4925 - EFFECT OF ELECTION — SUBSEQUENT ELECTIONS.
Section 67-4926 - CORRECTION OF FAULTY NOTICES.
Section 67-4928 - ELECTIONS — VALIDATION OF ACTS.
Section 67-4929 - INCLUSION OR EXCLUSION — ELECTION PROCEDURE.