15-9-127. General obligation bonds; purposes; authorization; approval; characteristics; other provisions unaffected.
(a) In addition to the authority to issue bonds pursuant to W.S. 15-9-119, any municipality may issue general obligation bonds for the urban renewal purposes specified in subsection (b) of this section and subject to the requirements thereof and the requirements of the constitution and any other applicable laws.
(b) General obligation bonds issued by a municipality for the purposes of aiding in the planning, undertaking or carrying out of any urban renewal project and related activities of a municipality, its board or commission, or its agency under this chapter shall be authorized by resolution or ordinance of the local governing body and shall be approved by a vote of the people residing in the issuing governmental unit at an election called, conducted, canvassed and returned in the manner provided for bond elections by the Political Subdivision Bond Election Law, W.S. 22-21-101 through 22-21-112.
(c) The bonds shall bear any characteristics as may be provided by the resolution or ordinance or trust indenture or mortgage issued pursuant thereto, including the characteristics specified in W.S. 15-9-123. Nothing in this section limits or otherwise adversely affects any other section of this chapter.
Structure Wyoming Statutes
Section 15-9-101 - Short Title.
Section 15-9-102 - Legislative Findings.
Section 15-9-103 - Definitions.
Section 15-9-104 - Private Enterprise to Be Preferred; When Considered.
Section 15-9-105 - Workable Program; Formulation; Objectives and Provisions Thereof.
Section 15-9-106 - Initiative Resolution; How Adopted; Findings.
Section 15-9-107 - Preliminary Requirements for Projects; Generally.
Section 15-9-108 - Preliminary Requirements for Projects; Preparation of Plan; Review by Commission.
Section 15-9-111 - When Plan Modifiable and Effective.
Section 15-9-112 - Provisions Not Applicable for Disaster Area.
Section 15-9-113 - General Powers of Municipality.
Section 15-9-114 - Condemnation.
Section 15-9-115 - Property Acquired in Project; Disposition and Use Generally.
Section 15-9-117 - Property Acquired in Project; Temporary Operation and Maintenance.
Section 15-9-119 - Bonds Authorized; Payment Thereof; Security.
Section 15-9-120 - Taxes Upon Property; Authorized Division Thereof.
Section 15-9-121 - Taxes Upon Property; When Pledging Allowed.
Section 15-9-122 - Bonds; Provisions Inapplicable; Tax Exemption.
Section 15-9-123 - Bonds; Resolution or Ordinance; Characteristics.
Section 15-9-124 - Bonds; Sale or Exchange.
Section 15-9-125 - Bonds; Signatures and Negotiability.
Section 15-9-126 - Bonds; Recitation Thereon.
Section 15-9-128 - Investment of Funds in Bonds Authorized; Duty of Care.
Section 15-9-129 - Exemption of Property From Execution; Exception.
Section 15-9-130 - Exemption of Property From Taxation; Termination Thereof.
Section 15-9-131 - Powers of Municipality, Public Body in Aiding Project.
Section 15-9-132 - Instruments Presumed Properly Executed.
Section 15-9-133 - Exercise of Powers; Delegation and Scope Thereof; Exceptions.
Section 15-9-135 - Agency; Staff.