(1) Any ballot issue notice relatingto a local government ballot issue must be prepared and distributed in a manner consistent with part 9 of article 7 of this title.
(2) In addition to the requirements set forth in subsection (1) of this section, a local government submitting a ballot issue concerning the creation of any debt or other financial obligation at an election in the local government must post notice in accordance with the requirements of section 1-7-908.