70-1720. GENERAL OBLIGATION BONDS — REFUNDING. The port commission of any port district may by resolution, without submitting the proposition to the voters, provide for the issuance of general obligation refunding bonds, to refund any outstanding general obligation bonds of the district at or prior to maturity or the first optional redemption date. Such refunding bonds may be issued to refund parts or all of various issues or series of outstanding bonds. The principal amount of the refunding bonds may not exceed the principal amount of the bonds to be refunded. The provisions of this act relating to the form, terms, conditions, covenants, issuance and sale of general obligation bonds shall be applicable to such general obligation refunding bonds.
History:
[70-1720, added 1969, ch. 55, sec. 98, p. 144.]
Structure Idaho Code
Title 70 - WATERCOURSES AND PORT DISTRICTS
Chapter 17 - PORT DISTRICTS — BUDGET AND FISCAL MATTERS
Section 70-1701 - FISCAL YEAR.
Section 70-1703 - BUDGET — HEARING.
Section 70-1704 - BUDGET HEARING — NOTICE.
Section 70-1705 - BUDGET — INSPECTION.
Section 70-1706 - HEARING — PETITION — ADDITIONAL ELECTION.
Section 70-1707 - TAX LEVY — CERTIFICATION.
Section 70-1708 - SUPPLEMENTAL AND AMENDED BUDGETS.
Section 70-1709 - LOANS AND WARRANTS IN ANTICIPATION OF REVENUES.
Section 70-1710 - PORT FUNDS — DEPOSIT.
Section 70-1711 - PORT FUNDS — INVESTMENTS.
Section 70-1712 - SINKING, CAPITAL ACQUISITION, AND IMPROVEMENT FUNDS.
Section 70-1713 - INCIDENTAL EXPENSE FUND.
Section 70-1714 - PORT FUNDS — DISBURSEMENTS.
Section 70-1715 - PORT AUDITOR.
Section 70-1716 - GENERAL OBLIGATION BONDS — ELECTIONS.
Section 70-1717 - GENERAL OBLIGATION BONDS — PROPOSITION TO VOTERS.
Section 70-1718 - GENERAL OBLIGATION BONDS — FORM AND TERMS.
Section 70-1719 - GENERAL OBLIGATION BONDS — SALE.
Section 70-1720 - GENERAL OBLIGATION BONDS — REFUNDING.
Section 70-1721 - GENERAL OBLIGATION BONDS AND REFUNDING BONDS — TAXES FOR PAYMENT.