2005 Idaho Code - 70-1721 — GENERAL OBLIGATION BONDS AND REFUNDING BONDS -- TAXES FOR PAYMENT

                                  TITLE  70
                       WATERCOURSES AND PORT DISTRICTS
                                  CHAPTER 17
                 PORT DISTRICTS -- BUDGET AND FISCAL MATTERS
    70-1721.  GENERAL OBLIGATION BONDS AND REFUNDING BONDS -- TAXES FOR
PAYMENT. The port commission shall cause to be levied annually at the time and
in the manner general port district taxes are levied upon all the taxable
property within the district, in addition to all other taxes, a tax sufficient
with other available funds to enable the district to pay the principal of and
interest on such bonds as the same become due. Such taxes shall be levied,
assessed, certified, extended and collected by the proper officers and at the
times and in the manner other port district taxes are levied, assessed,
certified, extended and collected until the principal of and interest on all
such bonds shall have been fully paid. All of such taxes so collected shall be
credited to a separate port district fund and shall be used solely to pay the
principal of and interest on such bonds.