2005 Idaho Code - 42-4108 — PRELIMINARY EXPENSES

                                  TITLE  42
                       IRRIGATION AND DRAINAGE -- WATER
                            RIGHTS AND RECLAMATION
                                  CHAPTER 41
                    WATER AND SEWER DISTRICT REVENUE BONDS
    42-4108.  PRELIMINARY EXPENSES. The district may provide for the payment
of all necessary preliminary expenses actually incurred in the making of
surveys, estimates of costs and revenues, employment of engineers and other
employees, making of notices, taking of options, legal and clerical help and
all other expenses necessary to be made and paid prior to the authorization
for the issuance of such revenue bonds, provided, that no such expenditures
shall be made or paid unless an appropriation has been made therefor in the
same manner as is required by law for district funds. Any funds so expended by
the district shall be fully reimbursed and repaid to the district out of the
sale of such revenue bonds before any other disbursements are made therefrom,
and the amount so advanced by the district to pay such preliminary expenses
shall be a first charge against the proceeds resulting from the sale of such
revenue bonds until the same has been repaid as herein provided.