The governing body of any local government unit may, by resolution, signify a desire to have any debt theretofore incurred without the approval of the electors transferred to the electoral debt. The resolution shall direct the holding of an election for the purpose of obtaining the approval of the electors to the debt in the manner provided for securing the approval of electoral debt. The question shall be whether the remaining unpaid debt incurred without the approval of the electors for the project named in the question shall be removed from the category of nonelectoral or lease rental debt. If a majority of the votes cast upon the question at the election favor transfer to electoral debt, a certified copy of the resolution, proof of due advertisement of the election and a certified return of the election shall be filed with the department. If the department finds the proceedings to have been taken in conformity with the law, it shall endorse its approval on a duplicate original and return it to the local government unit. The debt shall thereupon be no longer classified as nonelectoral or lease rental debt.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 53 - MUNICIPALITIES GENERALLY
Chapter 80 - General Provisions
Section 8001 - Short title, scope and applicability of subpart
Section 8003 - Advertisement and effectiveness of ordinances
Section 8004 - When lease or other agreement evidences acquisition of capital asset
Section 8005 - Classification and authority to issue bonds and notes
Section 8006 - Preliminary cost estimates
Section 8007 - Cost of project
Section 8009 - Guaranty funds and compulsory associations
Section 8021 - No limitation on debt approved by electors
Section 8022 - Limitations on incurring of other debt
Section 8023 - Transfer to electoral debt of debt incurred without approval of electors
Section 8024 - Exclusion of subsidized debt from net nonelectoral debt or net lease rental debt
Section 8027 - Effect of debt limitations on outstanding debt
Section 8029 - Determination of debt limits
Section 8041 - Desire resolution and expense of certain elections
Section 8042 - Advertisement of election
Section 8043 - Conduct of election
Section 8044 - Finality of result of election
Section 8045 - Effect of defeat of question
Section 8046 - Issuance of bonds, notes or other instruments to evidence electoral debt
Section 8047 - Cancellation or termination of approval of electors
Section 8048 - Limitation on use of proceeds of electoral debt