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Section 41-10-127 - Maximum Aggregate Amount of Bonds or Other Evidences of Indebtedness.

WY Stat § 41-10-127 (2019) (N/A)
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41-10-127. Maximum aggregate amount of bonds or other evidences of indebtedness.

The aggregate amount of bonds or other evidences of indebtedness shall not exceed six percent (6%) of the assessed value of the taxable property within the district as shown by the last preceding general assessment; provided, however, that in determining the amount of indebtedness, there shall not be included within the computation, bonds or other evidences of indebtedness outstanding or authorized to be issued for supplying water to the district, short-term notes, special assessment securities, or securities payable solely from the net revenues of an income-producing system or other project.

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Section 41-10-126 - Resolution and Election Prerequisite to Issuance of General Obligation Bonds.
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Section 41-10-128 - Borrowing Money and Issuing Bonds for Purpose of Acquiring or Improving Water or Sewer System or Other Income-Producing Project.