Title 15 — Title 15 — Cities And Towns
12 chapters · 547 sections in this title.
W.S. § 15-9-214 Tax exemption; exceptions
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Tax exemption; exceptions. The bonds and the income therefrom shall be exempt from taxation, except estate and transfer taxes.
W.S. § 15-9-215 Limitation of actions
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Limitation of actions. After thirty (30) days from the effective date of any ordinance or resolution authorizing the issuance of bonds pursuant to this article, all actions or suits challenging its findings, determinations or contents or challenging the validity of the bonds shal…
W.S. § 15-9-216 Rights and powers of bondholders
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Rights and powers of bondholders. (a) Subject to any contractual limitations binding upon the holders of any issue of bonds or trustee therefor, including but not limited to the restriction of the exercise of any remedy to a specified proportion or percentage of the holders, any …
W.S. § 15-9-217 Officers and other personnel employed by board; duties; administrative expenses
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Officers and other personnel employed by board; duties; administrative expenses. (a) The board shall employ and fix the compensation, subject to the approval of the governing body, of the following, who shall serve at the pleasure of the board: (i) A director, who shall be a pers…
W.S. § 15-9-218 Authority to adopt budget; sources of finance
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Authority to adopt budget; sources of finance. (a) The authority shall adopt a budget for each fiscal year, shall maintain accounts, and shall cause an annual audit, or other oversight in accordance with rules applicable to special districts under W.S. 9-1-507(a)(iii), to be made…
W.S. § 15-9-219 Assessments against funds of authority
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Assessments against funds of authority. The governing body shall have the power to assess against the funds of the authority for the use and benefit of the general fund of the municipality a reasonable pro rata share of such funds for the cost of handling and auditing, which asse…
W.S. § 15-9-220 Conflict of interest
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Conflict of interest. No board member or employee of the board shall vote or otherwise participate in any matter in which he has a specific financial interest, defined as a matter in which the member or employee would receive a benefit or incur a cost substantially greater than o…
W.S. § 15-9-221 Provisions to be construed liberally
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Provisions to be construed liberally. All powers conferred upon municipalities by this article are cumulative and in addition to those conferred by any other general or special law or municipal charter or ordinance and shall be liberally construed to effectuate the purposes of th…
W.S. § 15-9-222 Property in development area subject to taxes for municipality's general obligation debts
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Property in development area subject to taxes for municipality's general obligation debts. Subject to W.S. 15-9-207, all real and personal property located within the development area shall continue to be subject to ad valorem taxes levied by the municipality to pay the principal…
W.S. § 15-9-223 Inclusion of additional property into development area; procedure
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Inclusion of additional property into development area; procedure. Subsequent to the organization of an authority, additional property may be included in the development area. Proceedings for inclusion shall be initiated by petition to the board of the authority signed by the own…