Title 41, Title 41 — Water

Order of court authorizing change. If the court at the hearing so petitioned for, noticed, and held, shall decide the issues in favor of the petitioners, the court shall enter an order approving and confirming the petition, amend the name of said irrigation district to show that …

Submission of proposal to vote of landowners and entrymen. In the event the board of commissioners by a majority vote, or the court by an appropriate order, shall request or determine that a vote should be had of the landowners and entrymen within the district on the question of …

Effect of vote on court. In the event such an election be had the result thereof shall be certified to the court and shall be advisory and determinative of the final order to be presented on the question of whether or not said irrigation district should receive all of the rights,…

Court order vests powers. Upon the entry of an order of the court authorizing or approving the receipt by an existing irrigation district of the rights, powers and authority of a public power district, then it shall have and receive all of said rights, powers and authority as are…

Construction and application of Public Irrigation and Power District Law. (a) In applying and adapting the public power district law to the existing irrigation district law, organization and procedures, the Public Irrigation and Power District Law of the state of Wyoming as afore…

Irrigation and power funds to be kept in separate accounts. The board of commissioners of any irrigation district which shall have and receive the rights, powers and authority of a public power district under and pursuant to the provisions of this act, shall keep separate account…

Different laws to apply to additions to irrigation works and power works. In the construction of additional irrigation works or features or of needed or required works or features for the power portion of said project, all irrigation works thereof shall be constructed, built and …

Report of proposed construction to court; apportionment of irrigation and power costs. Prior to the starting of any construction work thereon, the commissioners shall report the purpose, whether for irrigation or power for which any of said works is to be constructed; and shall r…

Rights and powers preserved. An irrigation district receiving the rights, power and authority of a public power district as aforesaid, shall not lose any of its rights and powers under and by virtue of the provisions of chapter 2, Session Laws of Wyoming, Special Session, 1920, a…

Liberal construction; restrictions; regulation by public service commission. (a) This act shall be construed liberally for the purpose of making it possible for irrigation districts by the development and sale of hydroelectric energy and power through the construction or purchase…

"Revenue" defined. As used in this act the word "revenue" means all or any part of any source or sources of payment excluding assessments upon or against the lands and property of the landowners and entrymen therein, but including the proceeds of or income from any existing or pr…

Revenue bonds of irrigation and irrigation and power districts authorized. Any irrigation district or combined irrigation and public power district created or organized under the laws of the state of Wyoming shall have the power and authority to issue its revenue bonds, the princ…

Designation of revenue from which principal or interest payable. If in the judgment of the board of commissioners of any irrigation district or combined irrigation and public power district it is desirable that the principal or interest or both, of any of its bonds or any part of…

Statement on bonds of limitations on payment of principal. If any or all of the principal or interest of any bonds be made payable only from revenue, the board of commissioners shall cause a brief statement of the limitations upon the payment of principal or portion thereof to be…

Statement on bonds and coupons of limitations affecting interest payments. If the limitations affect the payment of the interest of the bonds or any part thereof, a brief statement of the limitations shall be set forth in the interest coupons representing the interest and also in…

Statement on bonds and coupons of limitations affecting interest payments; portion of interest affected; separate coupons. (a) If the limitations affect the payment of only a portion of the interest which will accrue on any bond, the board of commissioners may provide either that…

Designation of revenue releases district and officers from payment otherwise. If any board of commissioners with the approval of the court provides that the principal or interest or both of any bonds or any portion of the principal or interest or both shall be payable solely from…

Allocation of designated revenue; resolution. Any designated revenue may by resolution of the board of commissioners be allocated to the payment of the whole or any portion of the principal or interest or both of any bonds.

Allocation of designated revenue; for bonds payable from revenue or assessments. (a) The allocation may be for either or both: (i) Payment of the whole or any part of the principal or interest or both of any bonds payable solely from revenue; (ii) As additional security for the p…

Allocation of designated revenue; application. Until the payment or retirement of the bonds for the benefit of which an allocation was made, the revenue allocated shall be applied solely to the payment of the obligation specified in the allocating resolution.

Allocation of designated revenue; bonds benefited by allocation. An allocation may be made for the exclusive benefit of any one (1) or more issues or portions of issues of bonds of a district designated in the allocating resolutions or in the discretion of its board for the benef…

Allocation of designated revenue; irrevocability. Any allocation shall be irrevocable until all of the bonds for which the allocation was made and their appurtenant coupons have been paid or retired.

Allocation of revenue to reserve fund. Any sources of revenue of any district may by order of its board of commissioners with the approval of the court be irrevocably allocated to a reserve fund established to pay the interest or principal of any bonds.

Bonds may be made redeemable before maturity. With the approval of the court a district may by resolution of its board of commissioners adopted at or prior to the time of issuing any bonds then proposed to be issued, provide for the call and redemption prior to their fixed maturi…

Manner of redeeming. (a) Callable bonds may be redeemed in addition to other methods permitted in the following manner: (i) In numerical order or by lot as prescribed in the resolution; (ii) On any interest payment date prior to their affixed maturity; (iii) At not exceeding thei…

Publication of notice of redemption. Notice designating the bonds called for redemption shall be published once a week for three (3) successive weeks in a newspaper of general circulation printed and published in the office county.

Publication of notice of redemption; time for publication. The first publication of the redemption notice shall be not less than thirty (30) days nor more than ninety (90) days prior to the date fixed for redemption.

Interest ceases on redemption date. If on the date fixed for redemption the district has provided funds available for the payment of the principal and interest of the bonds called, interest on them ceases.

When bonds may be sold. A district may sell any bonds from time to time in such quantities as may be necessary and most advantageous to raise money for the purpose for which they were authorized.

Resolution as to sale. (a) Before any sale the board of commissioners shall by resolution entered on its minutes set forth all of the following: (i) Its intention to sell a specified amount of the bonds; (ii) The day, hour, and place of sale.

Publication of notice of sale. The board of commissioners shall give notice of the sale by posting on the county's official website in the manner provided in W.S. 18-3-516(f) and by publication for at least two (2) weeks in the designated official newspaper of the county and in a…

Contents of notice of sale. The notice shall state that sealed proposals will be received by the board of commissioners at the district office for the purchase of bonds until the day and hour specified in the resolution.

Sale made to highest responsible bidder. At the time specified the board of commissioners shall open the proposals and award the purchase of the bonds or any portion of them to the highest responsible bidder or bidders.

Certified check to accompany bid; forfeiture. No proposal shall be accepted which is not accompanied by a certified check for a reasonable percentage of the amount of the bid as determined by the board of commissioners, but in no event less than two percent (2%), to apply on the …

Board may reject bids. The board of commissioners may reject any or all bids.

Readvertisement or private sale. In case no award is made, the board of commissioners thereafter may either readvertise the bonds or any part of them for sale or sell them at private sale.

Approval of private sale required. No sale of bonds at private sale shall be valid unless approved by the court, or public service commission.

Exchange of construction bonds for property or stock. A district may exchange its construction bonds for any property or interest in property which the district might acquire with the proceeds of the bonds, if sold, or for the capital stock of any corporation owning the property,…

Refunding bonds sold or exchanged for bonds or warrants. (a) Any refunding bonds may be either: (i) Sold from time to time in the same manner as other bonds of the district; or (ii) Exchanged for other bonds or warrants of the district upon terms approved by the court.

Immediate cancellation of refunded or exchanged bonds. Any outstanding bonds refunded or exchanged shall be immediately canceled by the treasurer.

Cancellation of unissued bonds; resolution of board. Whenever the whole or any portion of any issue of bonds of any district remains unissued for more than one (1) year after the date of the election at which the bonds were authorized, the board of commissioners, by a resolution …

Fixing time for consideration of resolution of cancellation. Whenever a resolution to cancel bonds is offered, its consideration shall be postponed to a date fixed by the board of commissioners which is subsequent to final publication of the resolution.

Publication of cancellation resolution and notice of time for consideration. The resolution together with a notice stating that the time fixed by the board of commissioners for the consideration of the resolution shall be published once a week for at least two (2) successive week…

No bonds issued after cancellation resolution adopted. After the adoption of a resolution to cancel bonds no other bonds shall be issued in pursuance of the proceedings taken in relation to the issuance of the bonds so canceled.

Destruction of canceled bonds and coupons. Any bonds and coupons so canceled shall be destroyed under the direction of the board of commissioners.

Petition of landowners. When the commissioners of an irrigation district by unanimous vote of the total membership thereof shall determine to call an election or whenever a majority of the landowners in any irrigation district in this state, who shall represent one-half of the ir…