There are no particular limitations on district boundaries. Special Program Requirements Cities or counties issue general obligation bonds, which the payments are passed on to property owners who benefit from the improvements through special assessments. There is no public vote required for the issuance of the bonds. Application Procedure 1. Inform the city or county that an attempt will be made to enact a NID project.
Cost estimate is made by an engineer.
Submit the petition to the county. Funding Method 1. Temporary notes would be issued until construction is completed. Upon completion, general obligation bonds are issued, up to a period of 20 years. The first installment would be due on the first of the next year after the completion of the project.