Nebraska Revised Statutes
Chapter 10 - Bonds
10-703 - Issuance; election; resolution of board; petition; form; content; exception.

10-703. Issuance; election; resolution of board; petition; form; content; exception.
A vote shall be ordered upon the issuance of such bonds, either (1) upon resolution of a majority of the members of the school board or board of education, or (2) whenever a petition shall be presented to the district board suggesting that a vote be taken for or against the issuing of such amount of bonds as may therein be asked for (a) to purchase a site for or build a schoolhouse or schoolhouses or a teacherage or teacherages, or to purchase an existing building or buildings for use as a schoolhouse or schoolhouses, including the site or sites upon which such building or buildings are located, (b) for furnishing the necessary furniture and apparatus for the same, (c) for retiring registered warrants, (d) for paying for additions to or repairs for a schoolhouse or schoolhouses or a teacherage or teacherages, or (e) for all of these purposes, which petition shall be signed by at least ten percent of the qualified voters of such district.
Source

Annotations

This section does not apply to school district of Lincoln. State ex rel. School Dist. of the City of Lincoln v. Barton, 91 Neb. 357, 136 N.W. 22 (1912).


School board is without power to call an election to issue bonds for any purpose not suggested in petition signed by the necessary number of electors of district. Allen v. School Dist. Nos. 19 and 41, Joint, of Buffalo and Hall Counties, 89 Neb. 205, 130 N.W. 1050 (1911).


Petition to call election is condition precedent to issuance of bonds, and decision of board on sufficiency of petition is not conclusive but is a judicial question cognizable by the courts. Fullerton v. School Dist. of the City of Lincoln, 41 Neb. 593, 59 N.W. 896 (1894).


Bonds may be issued for either one or all of the purposes stated in this section. School Dist. No. 11, of Dakota County v. Chapman, 152 F. 887 (8th Cir. 1907).

Structure Nebraska Revised Statutes

Nebraska Revised Statutes

Chapter 10 - Bonds

10-101 - State and county treasurers as fiscal agents; exception; bonds; where payable; coupon notes, interest on.

10-102 - Remittances; how made; expenses.

10-103 - Payment; cancellation and return; duty of state agent.

10-105 - Donations to railroad corporations; conditions; noncompliance; effect.

10-106 - County bonds; registration; procedure; certified statement; record.

10-107 - County bonds; statement of county indebtedness; duties of county clerk; compensation.

10-110 - County bonds; retirement; taxes; levy and collection; duties of county clerk.

10-111 - County bonds; retirement; interest; payment; sinking fund; investment; conditions.

10-112 - County bonds; retirement; payment out of state; procedure.

10-113 - County treasurer; liability for bond funds.

10-114 - County bonds; payment; cancellation at maturity; procedure; expenses.

10-115 - Statement of business transacted; duties of county treasurer and county clerk.

10-117 - Village and city of the second class; certified transcript of proceedings; duties of village or city clerk; lost records.

10-119 - Precinct bonds; retirement; taxes; levy and collection; duties of county board and county treasurer.

10-120 - Precinct refunding bonds; sale authorized; use of proceeds.

10-123 - Precinct, township, or school district bonds; duty of local boards.

10-124 - Precinct, township, or school district bonds; duty of county clerk; record; contents; fee.

10-126 - Bonds; when redeemable; exceptions; call premium, when authorized; procedure for calling; resolution, when required; notice; prepayment.

10-127 - Replacement bond; issuance authorized; when.

10-128 - Replacement bond; issuance; procedure.

10-129 - Replacement bond; issuance; notice.

10-130 - Replacement bond; blank bond; printing authorized.

10-131 - Bonds of municipal corporation or political subdivision; signatures.

10-132 - Bonds of municipal corporation or political subdivision; seal.

10-133 - Bonds of municipal corporation or political subdivision; fiscal and consultant fees; how paid.

10-134 - Terms, defined.

10-135 - Fully registered bonds; issuance authorized.

10-136 - Fully registered bonds; issuer; registrar; powers and duties.

10-137 - Bond anticipation notes; issuance authorized; conditions.

10-138 - Refunding warrants; issuance authorized; conditions.

10-139 - County treasurer or other officer holding funds; duties.

10-140 - Issuance of bonds; recording requirements.

10-141 - Registrar's records; available for inspection; when.

10-142 - Refunding bonds; issuance; conditions; application of proceeds.

10-143 - Sections, how construed.

10-144 - Bonds issued by agency or political subdivision; registration not required.

10-145 - Political subdivision; Internet auction system; authorized.

10-209 - Registration by paying agent; when; content; interest requirement; procedure; order of payment.

10-301 - Power and duty of political subdivisions.

10-302 - Conditions; procedure.

10-303 - Coupon bonds; issuance; conditions; limitations.

10-304 - Coupon bonds; terms; rate of interest; tax levy.

10-305 - Coupon bonds; record; duty of local board.

10-401 - County and city bonds; issuance; conditions; limitations.

10-402 - County and city bonds; election; proposition; contents.

10-403 - County and city bonds; proposition; rate of interest.

10-404 - County and city bonds; publication required; resubmission limited.

10-405 - County and city bonds; payment; tax levy.

10-406 - Railroad aid bonds; precinct, township, city of the second class, or village; petition; election; issuance; conditions; limitations.

10-407 - Courthouse bonds; city of the second class; election; proposition; issuance; conditions; limitations; resubmission.

10-408 - Courthouse bonds; election; procedure.

10-409 - Precinct, township, city of the second class, or village bonds; petition; election; issuance; conditions; limitations; tax levy.

10-410 - Precinct, township, city of the second class, or village bonds; issuance; conditions; record.

10-411 - Precinct, township, city of the second class, or village bonds; payment; taxes; levy and collection.

10-501 - Issuance; conditions; limitations.

10-502 - Terms; conditions.

10-503 - Sale; price; duties of county board; vote.

10-504 - Sale; proceeds; disposition; exchange.

10-505 - Payment; notice to holders; cancellation; form.

10-506 - Record; contents; duty of county treasurer.

10-507 - Tax levy; limit.

10-508 - County board; adopt rules and regulations.

10-509 - Prohibited acts; penalty.

10-606 - City of the second class and village; issuance; limitations; election; notice.

10-607 - City of the second class; internal improvement and railroad aid refunding bonds; issuance; conditions; limitations; election.

10-608 - City of the second class; internal improvement and railroad aid refunding bonds; issuance; requirements.

10-609 - Precinct refunding bonds; issuance; condition.

10-610 - Precinct refunding bonds; terms; recitals; remedies.

10-611 - Precinct refunding bonds; payable to bearer; delivery; sale; price.

10-612 - Precinct refunding bonds; payment; tax levy.

10-615 - Refunding bonds; sanitary and improvement district; road improvement district; fire protection district; issuance; conditions.

10-616 - Refunding bonds; issuance by annexing city or village.

10-617 - Refunding bonds; construction of sections.

10-701 - Issuance; purposes; power of district officers.

10-702 - Issuance; election required; resubmission limited; submission at a statewide election; resolution; notice; counting boards.

10-703 - Issuance; election; resolution of board; petition; form; content; exception.

10-703.01 - Issuance; election; notice; counting of ballots; canvass of vote.

10-705 - Terms; rate of interest.

10-707 - Issuance; statement; contents; certification.

10-711 - Tax levy; sinking fund; exception; funds; distribution.

10-712 - School district, defined.

10-713 - Sinking fund; investment; requirements; interest earned; how credited.

10-714 - Payment out of state; procedure.

10-715 - Sinking fund; liability of county treasurer; unexpended balance; disposition.

10-716 - Payment; duty of county treasurer; expenses; record; duty of county clerk.

10-717 - Refunding bonds; authorized; limitation.

10-718 - Refunding bonds; required statement.

10-719 - Refunding bonds; election not required; payment; tax levy.

10-801 - Issuance; purposes; limit; election required; power of county board.

10-802 - Issuance; terms; election; notice; vote.

10-803 - Election; proposition; contents; proceeds of sale of bonds; disposition; procedure; expenses.

10-804 - Election; proposition; contents; payment; tax levy.

10-805 - Election; proposition; contents; sinking fund; creation; use.

10-806 - Bondholders' rights.

10-807 - Misrepresentations for aid; penalty.

10-1001 - Governor; powers.

10-1101 - Act, how cited.

10-1102 - Applicability of act.

10-1103 - Terms, defined.

10-1104 - Perfection.

10-1105 - Priority.

10-1106 - Enforcement; determination of default.

10-1201 - Act, how cited.

10-1202 - Legislative findings.

10-1203 - Terms, defined.

10-1204 - Credit facility; authorized; approval; terms and conditions.

10-1205 - Credit facility or related agreement; payments authorized.

10-1206 - Act; construction with other law or home rule charters.