§ 38.00 Referenda on bond resolutions or capital note resolutions;\nfire districts and other district corporations. a. A bond resolution or\na capital note resolution adopted by the finance board of a fire\ndistrict shall not become effective unless it shall have been approved\nat a regular or special election of such district in the manner provided\nin section one hundred and seventy-nine of the town law, as amended from\ntime to time.\n b. 1. If, prior to the effective date of this chapter, in a district\ncorporation other than a fire district, the voting of a special tax or a\ntax to be collected in installments for an object or purpose, at a\nregular or special election or meeting, is a condition precedent to the\nauthorization of the issuance of obligations for such object or purpose,\na bond resolution or a capital note resolution authorizing the issuance\nof bonds or capital notes for such object or purpose shall not be\nadopted by the finance board unless a special tax or a tax to be\ncollected in installments for such object or purpose shall have been\nvoted at such an election or meeting in the manner provided by law.\n 2. If, prior to the effective date of this chapter, in a district\ncorporation other than a fire district, the approval of a proposition\nfor the expenditure of money for an object or purpose, at a regular or\nspecial election or meeting, is a condition precedent to the\nauthorization of the issuance of obligations for such object or purpose,\na bond resolution or a capital note resolution authorizing the issuance\nof bonds or capital notes for such object or purpose shall not be\nadopted by the finance board unless a proposition for the expenditure of\nmoney for such object or purpose shall have been approved at such an\nelection or meeting in the manner provided by law.\n 3. If, prior to the effective date of this chapter, in a district\ncorporation other than a fire district, the authorization of the\nissuance of obligations for an object or purpose must be approved at a\nregular or special election or meeting, a bond resolution or a capital\nnote resolution adopted by the finance board authorizing the issuance of\nbonds or capital notes for such object or purpose shall not become\neffective unless it shall have been so approved at such an election or\nmeeting in the manner provided by law.\n
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