Sec. 12. All bonds and interest on bonds issued under this chapter are exempt from taxation as provided under IC 6-8-5-1 . All general laws relating to: (1) the filing of a petition requesting the issuance of bonds; (2) the right of: (A) taxpayers and voters to remonstrate against the issuance of bonds, in the case of a proposed bond issue described by IC 6-1.1-20-3.1 (a); or (B) voters to vote on the issuance of bonds, in the case of a proposed bond issue described by IC 6-1.1-20-3.5 (a); (3) the appropriation of the proceeds of the bonds and the approval of the appropriation by the department of local government finance; and (4) the sale of bonds at public sale for not less than par value; are applicable to proceedings under this chapter.
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