Loans From Irrigation Districts To Landowners
- Water conservation or efficiencies on landowner property; or
- Landowner delivery or drainage systems.
An obligation or contract to borrow such money is exempt from the existing requirement that a contract purporting to bind the district to pay any sum in excess of $500,000 must be ratified by a majority of all the votes cast at a general or special election. Additionally, the district cannot assess landowners to raise money to fund the loans.
A board may adopt rules concerning the issuance of loans to landowners.
Section 3 requires a county assessor, in assessing land within an irrigation district, to:
Apply the information provided in the irrigation district's annual appropriation resolution concerning loans issued to landowners; andAssess the additional amount payable for each tract for which the landowner has received a loan.
(Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.)
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)