Sec. 454.023. PETITION FOR ELECTION. (a) The governing body of a municipality may issue bonds or notes under this chapter without an election unless a petition requesting an election on the question is filed with the municipal secretary before the scheduled time for adopting the ordinance authorizing the issuance of the bonds or notes. (b) A petition under this section must be signed by at least 10 percent of the registered voters of the municipality who have rendered their property for taxation.
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