reglab/housing_qa huggingface dataset:
ID Code § 57-214 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-214 - SALE OF BONDS — PROCEDURE — MINIMUM PRICE.

57-214. SALE OF BONDS — PROCEDURE — MINIMUM PRICE. Funding and refunding bonds shall be sold as provided in sections 57-214 through 57-218, Idaho Code, or they may be issued by way of exchange for unpaid indebtedness or outstanding bonds to be funded or refunded thereby, as may be determined by any such governing body. All other bonds shall be sold, after notice given as provided in section 57-215, Idaho Code, at private sale as provided in section 57-232, Idaho Code, or after notice given as herein provided, at public sale at a regular or special meeting of the governing body of the issuer corporation, and any funding or refunding bonds shall be sold in like manner, if so ordered by any such governing body. No bonds shall be sold for less than par and accrued interest to date of delivery. Any bonds, notes or other obligations may be sold by electronic bidding as provided in section 57-233, Idaho Code.  History: [(57-214) 1927, ch. 262, sec. 5, subd. (a), p. 546; I.C.A., sec. 55-214; am. 2001, ch. 264, sec. 2, p. 968.]
ID Code § 57-215 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-215 - SALE OF BONDS — NOTICE AND REQUEST FOR BIDS — PUBLICATION.

57-215. SALE OF BONDS — NOTICE AND REQUEST FOR BIDS — PUBLICATION. (1) If bonds are sold at public sale, notice of the intention to sell any such bonds and requesting bids therefor shall be published in the name of the governing body of any such issuer in the official newspaper thereof for at least three (3) consecutive publications therein at weekly intervals. The date of sale thereof, as therein designated, shall be after the lapse of at least twenty-one (21) full days from and after the date of the first publication of such notice, counting the date of the first publication as the first of such twenty-one (21) days; and if said corporation shall not have designated an official newspaper the publication shall be had in any newspaper published and of general circulation within the corporate limits of said issuing corporation as specially designated or approved by any such governing body; and if there shall be no newspaper published within the corporate limits of any such issuing corporation, such notice shall be published in a newspaper of general circulation in the county of such issuing corporation as designated or approved by any such governing body. The mayor or chairman or presiding officer of any such corporation and the clerk or secretary thereof shall cause such publication to be made and given as prescribed herein, subject to the direction, designation or approval of any such governing body as herein set forth. It shall be proper to commence the publication of such notice of sale prior to, or contemporaneous with, the publication of the notice of the election at which the proposition of the issuance of any such bonds shall be submitted; provided only that such bonds shall not be sold until their issuance shall have been duly authorized. (2) If bonds are sold at private sale, notice of the intention to sell such bonds at private sale shall be published once in the name of the issuer in a newspaper of general circulation within the issuer’s boundaries at least three (3) days prior to the time scheduled by the issuer for approving the private sale of such bonds. Failure to comply with this requirement shall not invalidate the sale of the bonds, so long as the issuer has made a good faith effort to comply.  History: [(57-215) 1927, ch. 262, sec. 5, subd. (b), p. 546; I.C.A., sec. 55-215; am. 1977, ch. 244, sec. 1, p. 721; am. 2001, ch. 264, sec. 3, p. 968.]
ID Code § 57-216 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-216 - SALE OF BONDS — CONTENTS OF NOTICE — BIDS — DEPOSIT BY BIDDER — ACCEPTANCE OR REJECTION OF BIDS.

57-216. SALE OF BONDS — CONTENTS OF NOTICE — BIDS — DEPOSIT BY BIDDER — ACCEPTANCE OR REJECTION OF BIDS. A notice of public sale shall set forth the intention of the issuing corporation to sell such bonds or a specified part thereof and shall request and require sealed or electronic bids therefor and require bidders to submit bids specifying (a) the lowest rate of interest and premium, if any above par, at which the bidder will purchase such bonds, or (b) the lowest rate of interest at which the bidder will purchase such bonds at par, and shall require each such bid (except any bid which may be received from the state of Idaho or its department of finance) to be accompanied by a cashier’s check, a certified check, or surety bond made payable to the issuing corporation in such amount as the governing body deems necessary or by a cash deposit in like amount, which such cashier’s check, certified check, surety bond or cash deposit shall be returned to any such bidder if his bid be not accepted, and which cashier’s check, certified check, surety bond or cash deposit of any successful bidder who shall fail, neglect, or refuse to accept the bonds so sold to complete and to pay therefor in accordance with the terms of such successful bid within thirty (30) days following the acceptance thereof, shall be forfeited to the issuing corporation. Such notice shall state the maximum rate of interest which such bonds may legally bear and that none of the bonds shall be sold for less than par and accrued interest to date of delivery thereof, and shall specify the place and designate the day and hour, respectively, as the place where, and the time prior to which, any such sealed or electronic bids will be received for the purchase of such bonds; and at said place and time so specified in such notice and fixed or approved by the governing body as the place and time for the consideration of any such bids the said governing body and the mayor, chairman, or other chief executive officer or presiding officer of the governing body shall meet in public special or regular meeting for the purpose of considering such bids, awarding the bonds, or rejecting any and all bids therefor. At such meeting or at an adjournment thereof the said bonds shall be sold to the bidder making the best bid therefor, subject, as aforesaid, to the right of any such governing body to reject any and all bids and to readvertise any such bonds for sale in the manner herein prescribed, or at private sale, until said bonds have been sold.  History: [(57-216) 1927, ch. 262, sec. 5, subd. (c), p. 546; I.C.A., sec. 55-216; am. 1951, ch. 45, sec. 1, p. 55; am. 2001, ch. 264, sec. 4, p. 969.]
ID Code § 57-217 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-217 - SALE OF BONDS — DISCOUNT OR COMMISSION TO BIDDER PROHIBITED — EMPLOYMENT OF EXPERT SERVICES AUTHORIZED.

57-217. SALE OF BONDS — DISCOUNT OR COMMISSION TO BIDDER PROHIBITED — EMPLOYMENT OF EXPERT SERVICES AUTHORIZED. No discount or commission shall be allowed or paid on or for any such sale to any purchaser or bidder, directly or indirectly, for or on account of any legal or other services rendered by any such bidder’s attorneys or employees in connection with the issuance or sale of such bonds: provided, that the governing body of any such issuer may employ expert legal or other expert services in connection with the authorization and issuance of such bonds if in the judgment of such governing body it will be to the financial interest of the issuer so to do.  History: [(57-217) 1927, ch. 262, sec. 5, subd. (d), p. 546; I.C.A., sec. 55-217.]
ID Code § 57-218 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-218 - FUNDING AND REFUNDING BONDS — ISSUANCE AFTER APPLICATION OF AVAILABLE MONEYS TO PAYMENT OF OUTSTANDING BONDS.

57-218. FUNDING AND REFUNDING BONDS — ISSUANCE AFTER APPLICATION OF AVAILABLE MONEYS TO PAYMENT OF OUTSTANDING BONDS. If any governing body shall determine that the outstanding indebtedness of any such corporation may be funded or refunded, to the profit and benefit of such corporation and without incurring any additional liability by the issuance of funding or refunding bonds, it may provide by ordinance or resolution for the issuance of such funding or refunding bonds in an amount equal to the unpaid principal and interest of such outstanding bonds or other indebtedness: provided, that before any such governing body shall issue any bonds to refund the outstanding bonded indebtedness or to fund any of the other outstanding indebtedness of any such issuing corporation as in this section specially provided and in this act elsewhere provided, it shall cause all moneys on hand in the corporate treasury available for the payment and discharge of any such outstanding bonded indebtedness, or to the payment and discharge of any such unpaid other indebtedness of said corporation, to be applied in payment and discharge thereof, and shall issue such refunding bonds, or funding bonds, respectively, for the remainder only of the bonded indebtedness, or other indebtedness, respectively.  History: [(57-218) 1927, ch. 262, sec. 5, subd. (e), p. 546; I.C.A., sec. 55-218.]
ID Code § 57-219 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-219 - REGISTRATION OF BONDS — LIABILITY OF TREASURER.

57-219. REGISTRATION OF BONDS — LIABILITY OF TREASURER. After the sale of any such bonds and before the issuance by delivery to the purchaser thereof, and before the delivery of any funding or refunding bonds which may be issued by way of exchange for any outstanding indebtedness or bonds funded or refunded thereby, all of such bonds shall be duly registered by the county auditor or by the clerk or secretary of the issuing corporation in numerical order in a permanent public record book kept by him in his said office for that purpose, and thereafter the governing body or governing board of the issuing corporation may from time to time in accordance with the terms of sale of such bonds deliver or cause to be delivered any or all of such bonds to the treasurer of such issuer, who shall file his receipt therefor in the office of such auditor, clerk or secretary of the issuing corporation. Such treasurer shall, as and when such bonds are delivered to him as aforesaid, forthwith also register the same in a permanent public record book kept by him in his said office for that purpose, and thereafter such treasurer shall deliver such bonds to the purchaser or purchasers thereof as directed by the governing body of the issuing corporation and upon receipt by him of the purchase price thereof, and shall note in such register the name or names of the purchasers to whom such bonds are delivered and date of delivery thereof. All registration of bonds shall show the number, date, and amount of each bond, rate of interest thereon, date of maturity thereof, place or places of payment, and the number and denominations of attached coupons, together with any other proper data describing such bonds for the purpose of future identification thereof. The treasurer shall be liable upon his official bond for any loss or damage suffered by the issuing corporation by reason of any delivery by him of any such bond in violation of the provisions of this section.  History: [(57-219) 1927, ch. 262, sec. 6, p. 546; I.C.A., sec. 55-219.]
ID Code § 57-220 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-220 - APPLICATION OF PROCEEDS.

57-220. APPLICATION OF PROCEEDS. The proceeds of any such bonds shall not be applied to, or used for, any purpose or purposes, other than that for which such bonds are issued, and such proceeds shall, until properly disbursed, be kept in a fund separate and apart from all proceeds of other bond issues and other funds of the issuing corporation; provided, however, that when, in the judgment of the governing board of the issuing corporation, the proceeds of any bond issue should be temporarily invested pending application of such proceeds to the purposes for which the bonds were issued, the governing board of the issuing corporation may invest the proceeds of such issue or any part thereof in registered securities of the United States. Any unexpended balance remaining after the accomplishment of such purpose or purposes shall be used and applied only to and for the payment and redemption of such bonds and the payment of interest thereon, pro tanto.  History: [(57-220) 1927, ch. 262, sec. 7, p. 546; I.C.A., sec. 55-220; am. 1949, ch. 210, sec. 1, p. 444.]
ID Code § 57-221 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-221 - SECURITY.

57-221. SECURITY. The full faith and credit of the issuing corporation, and all taxable property within its limits, as constituted at the time of the issuance of such bonds, are, shall be, and must continue, pledged to the full and prompt payment of the principal and interest thereof. Should any tax for the payment of interest on any bonds issued under the provisions of this act at any time not be levied or collected in time to meet such payments, the interest on such bonds shall be paid out of the current expense, general expense or general fund of such issuing corporation, and the money so used for such payment of interest must thereafter be repaid to the fund from which so taken out of the first taxes collected for the payment of such interest.  History: [(57-221) 1927, ch. 262, sec. 8, p. 546; I.C.A., sec. 55-221.]
ID Code § 57-222 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-222 - TAX LEVIES AND SINKING FUND.

57-222. TAX LEVIES AND SINKING FUND. The governing board of the issuing corporation shall levy and cause to be levied annually at the time when and in the manner in which other general taxes of such issuing corporation are levied, upon all the taxable property within its limits, in addition to all other authorized taxes and assessments, a tax or assessment sufficient to meet the payments of principal and interest on such bonds as the same mature, and to constitute a sinking fund for the payment of the principal amount of said bonds within thirty (30) years from the time of contracting the indebtedness evidenced thereby and in accordance with the provisions made for the payment of the principal and interest of such bonds and also to constitute a sinking fund for the payment of the principal thereof, as theretofore provided by ordinance or by resolution and as required by the constitution and law of Idaho; and such taxes shall be levied, assessed, certified, extended and collected by the proper officers and at the times, all as fixed by law and as other taxes are levied, assessed, certified, extended and collected in, for and by the issuing corporation and by the same officers thereof until the principal and interest of all such bonds and interest thereon shall be fully paid. All of such taxes when collected shall be credited by the proper receiving officers to separate funds distinct from the funds for the payment of principal or interest on bonds of any other series or issue, and apart from any other funds of the issuing corporation.  History: [(57-222) 1927, ch. 262, sec. 9, p. 546; I.C.A., sec. 55-222; am. 1969, ch. 238, sec. 3, p. 753.]
ID Code § 57-223 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-223 - SEPARABILITY.

57-223. SEPARABILITY. Should any portion of this act for any reason be declared unconstitutional, invalid or ineffective, all other portions hereof which can be given effect shall remain in full force and effect notwithstanding such partial defect, it being the intent of this act that each portion hereof is adopted alone on its merits independent of each and every other portion.  History: [(57-223) 1927, ch. 262, sec. 20, p. 546; I.C.A., sec. 55-223.]
ID Code § 57-224 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-224 - REDEMPTION.

57-224. REDEMPTION. The treasurer of the issuing corporation, upon presentation to him for payment of any legally issued and unpaid bond or coupon, on or after the date of maturity therein specified, shall redeem the same without any further warrant or order from the governing board of the issuing corporation, or any other officer thereof, but no bond shall be redeemed prior to maturity except upon the order of any such governing board. Said treasurer shall note in his bond register, in spaces therein provided for such purposes, the date of redemption and the amount of each bond or coupon by him redeemed from time to time, and shall indicate, by legibly perforating or stamping in ink on the face thereof, that each such bond or coupon has been redeemed and the date of payment, and shall, at the end of each month, or at such other time as he may be required by law to report to, or settle his accounts with, the governing board of the issuing corporation, or its auditor, clerk or secretary, surrender with such report or settlement the canceled coupons or bonds so redeemed as vouchers evidencing the payment thereof. It shall be the duty of the auditor, clerk or secretary of the issuing corporation, as the case may be, to enter in his bond register the date of payment and amount of each canceled coupon so surrendered to him by the treasurer, and in case any bond is redeemed prior to the ultimate maturity thereof, he shall ascertain that all unmatured coupons originally issued with any such bond are attached thereto at the time of redemption.  History: [(57-224) 1927, ch. 262, sec. 21, p. 546; I.C.A., sec. 55-224.]
ID Code § 57-225 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-225 - BONDS ISSUED UNDER FORMER LAWS.

57-225. BONDS ISSUED UNDER FORMER LAWS. All bonds issued or authorized under the provisions of any law or laws herein amended, repealed or affected before the effective date of this act, and all proceedings relative to the same and to the redemption and payment thereof shall be governed and continue to be governed by the provisions of such law or laws and the same are hereby continued in force for such purpose notwithstanding the enactment of this act.  History: [(57-225) 1927, ch. 262, sec. 23, p. 546; I.C.A., sec. 55-225.]
ID Code § 57-226 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-226 - EFFECTIVE DATE OF ACT.

57-226. EFFECTIVE DATE OF ACT. This act shall take effect and be in force from and after the first day of July, A.D. 1927.  History: [(57-226) 1927, ch. 262, sec. 24, p. 546; I.C.A., sec. 55-226.]
ID Code § 57-227 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-227 - ISSUANCE AND SALE OF BONDS AND SECURITIES TO UNITED STATES GOVERNMENT — INTEREST RATE.

57-227. ISSUANCE AND SALE OF BONDS AND SECURITIES TO UNITED STATES GOVERNMENT — INTEREST RATE. Bonds and securities of all kinds heretofore or hereafter authorized, issued by any issuing corporation or district (hereinafter called the "issuer" and as hereinafter specified), whether such bonds and securities be issued for such issuer itself or for any other taxing or assessment district within its limits, and whether payable in whole or in part out of and from general taxes or payable in whole or in part out of and from the earnings to be derived from any utility, system, construction, work, or works, belonging to or operated by any such issuer, or payable in whole or in part out of and from "local" or "benefit" assessments upon lands within any assessment district or assessment subdivision within any such issuer, or payable from any other source, may be sold to the United States Government or to any department, corporation or agency thereof or to any department, corporation, agency or body, created, organized or existing under or pursuant to any act of congress, by private sale without giving any prior notice thereof by publication or otherwise and in such manner as the governing authority of such issuer may provide; provided, only, that all bonds and securities sold and issued under the authority of this act shall be sold, if now required by existing law, at not less than par and accrued interest.  History: [57-227, added 1935 (1st E.S.), ch. 59, sec. 1, p. 160; am. 1970, ch. 133, sec. 19, p. 309.]
ID Code § 57-228 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-228 - BONDS — AMORTIZED MATURITIES.

57-228. BONDS — AMORTIZED MATURITIES. It shall be proper to provide with respect to any bonds now required to be amortized or payable serially, that the annual maturities for the first five (5) maturities shall be of such annual principal amounts as may be fixed by any such governing authority, and that such amortized or serial annual maturities shall commence to be payable at any time on or before five (5) years after the date of said bonds, and that any bonds, or any part thereof, issued under the authority of this act, shall be redeemable prior to their fixed maturities and at the option of the issuer, as provided by the governing board or authority of any such issuer.  History: [57-228, added 1935 (1st E.S.), ch. 59, sec. 2, p. 160.]
ID Code § 57-229 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-229 - “ISSUER” DEFINED.

57-229. "ISSUER" DEFINED. The issuing corporations, districts, and subdivisions hereinbefore referred to and described as "issuer," shall include any county, city, village, school district, highway district, irrigation district, drainage district, taxing district, assessment district or any public corporation or municipal corporation authorized by existing law to issue bonds, securities or other evidences of indebtedness for itself or for any other taxing or assessment district therein or department thereof.  History: [57-229, added 1935 (1st E.S.), ch. 59, sec. 3, p. 160.]
ID Code § 57-230 (2021)
2021 Idaho Code|Title 57 - PUBLIC FUNDS IN GENERAL|Chapter 2 - MUNICIPAL BOND LAW|Section 57-230 - POWERS OF ISSUER.

57-230. POWERS OF ISSUER. It shall be optional with any such issuer, at its discretion, to exercise all or any of the powers conferred by this act in connection with the adoption and exercise by any such issuer of the provisions and powers granted by existing law.  History: [57-230, added 1935 (1st E.S.), ch. 59, sec. 4, p. 160.]