(a) The resolution shall: (i) State the purpose for which the bonds are proposed to be issued; (ii) State the estimated amount of money to be raised by the bond issue; (iii) State the principal amount of the bonds; (iv) State the maximum rate of interest on the bonds; (v) Fix the date of the election; (vi) Fix the manner of holding the election. (b) The notice of bond election shall include the following information: (i) The amount of the proposed bond issue; (ii) The maximum maturity of the bonds; (iii) Statement by the board of the need for the issuance of the bonds and the purposes for which the proceeds of the bonds shall be devoted; (iv) A description of the exterior boundaries of the district; (v) A general description of the proposed improvement, utility or local service to be provided by the district; (vi) Repealed by Laws 1981, ch. 157, § 4.
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