24-663. Same; payment of costs and expenses when proposed district not approved; tax levies; disposition of funds.
24-663
24-663. Same; payment of costs and expenses when proposed district notapproved; tax levies; disposition of funds.If the organization of the proposed district is defeated at the specialelection or if the petition is disapproved by the chief engineer, the boardof directors or steering committee named in the petition shall continue tofunction in a limited capacity for the purposes hereinafter set forth inthis section. Said board or steering committee shall determine the amountof money necessary to pay all of the costs and expenses incurred in thepreparation and filing of the petition and in the conduct of the specialelection and shall certify a statement of such amount to the county clerkof each county in which the proposed district was to be located. Saidcounty clerks shall thereupon ascertain the total assessed valuation of alltaxable tangible property in their respective counties within the proposeddistrict and certify same to the county clerk of the county in which theacting chairman of the board or steering committee of the proposed districtresides.
Said county clerk shall determine the levy necessary to be spreadagainst the taxable tangible property in the entire proposed district inorder to raise funds sufficient to pay the amount set forth in saidstatement and shall certify said levy to the county clerk of the othercounties in which a portion of said district is located. Each of the countyclerks shall then cause said levy to be extended against the taxabletangible property lying within the boundaries of said proposed district andwithin his county. The county treasurers of the respective countiesinvolved shall remit the funds raised by such levy in their counties to thecounty treasurer of the county in which the acting chairman of the board orsteering committee resides who shall hold said funds and shall honorwarrants drawn upon said funds by the acting chairman of the board orsteering committee and countersigned by the acting secretary of the boardor steering committee in payment of the costs and expenses incurred in theproposed organization of the district and shown on the aforementionedstatement of expenses.
History: L. 1963, ch. 225, § 8; June 30.