20-9-404. Contracts and bonds for joint construction. (1) The trustees of a school district may enter into a contract with the trustees of any school district within the county, with any school district in an adjoining county, with the governing body of another political subdivision within the county in which the school district is located, or with the governing body of a political subdivision of a county adjoining the school district to provide for the joint construction of a facility upon terms and conditions mutually agreed upon between the districts.
(2) The trustees of any district executing a contract in accordance with this section may, subject to 15-10-420, levy taxes and issue bonds for the purpose of constructing the facilities authorized by this section.
History: En. 75-7103.1 by Sec. 1, Ch. 371, L. 1975; R.C.M. 1947, 75-7103.1; amd. Sec. 2, Ch. 397, L. 1997; amd. Sec. 1, Ch. 166, L. 1999; amd. Sec. 114, Ch. 584, L. 1999.
Structure Montana Code Annotated
20-9-401. Applicable laws for school district bonding
20-9-402. Definition of school district for bonding purposes
20-9-403. Bond issues for certain purposes
20-9-404. Contracts and bonds for joint construction
20-9-405. Proportional joint ownership -- disposition of money
20-9-407. Industrial facility agreement for bond issue in excess of maximum
20-9-408. Definition of forms of bonds
20-9-410. Limitation of term and interest -- timing for redemption
20-9-411. Dates of issue and payments
20-9-412. Issuance of refunding bonds without election
20-9-413. through 20-9-420 reserved
20-9-422. Additional requirements for trustees' resolution calling bond election
20-9-423. Form, contents, and circularization of petition proposing school district bond election
20-9-424. Validation of petition -- election administrator's certificate
20-9-425. Trustees' consideration of validated petition proposing bond election
20-9-426. Preparation and form of ballots for bond election
20-9-427. Notice of bond election by separate purpose
20-9-428. Determination of approval or rejection of proposition at bond election
20-9-429. Trustees' resolution to issue school district bonds pursuant to public sale
20-9-430. Sale of school district bonds and notice of public sale
20-9-431. Publication of notice of sale of school district bonds
20-9-432. Sale of school district bonds
20-9-433. Form and execution of school district bonds
20-9-434. Registration of school district bonds by county treasurer and copy for preservation
20-9-435. Delivery of school district bonds and disposition of sale money
20-9-436. County attorney to assist in proceedings
20-9-437. School district liable on bonds
20-9-438. Preparation of general obligation debt service fund budget -- operating reserve
20-9-440. Payment of debt service obligations -- termination of interest
20-9-441. Redemption of bonds -- investment of debt service fund money
20-9-442. Entries of payments and notification of school district
20-9-443. Disposition of remaining debt service fund
20-9-444. Liability of officers for failure to provide fund for payment of bonds
20-9-445. Liability for misuse of bond payment fund
20-9-446. Duty of county attorney to prosecute
20-9-447. through 20-9-450 reserved
20-9-457. through 20-9-460 reserved
20-9-464. Statute of limitations -- action to test validity
20-9-465. Action to restrain bond issue -- time for bringing
20-9-468. through 20-9-470 reserved
20-9-471. Issuance of obligations -- authorization -- conditions
20-9-472. Security for impact aid revenue bonds -- agreement of state
20-9-473. Security for oil and natural gas revenue bonds
20-9-474. Oil and natural gas revenue bond debt service reserve account