FEF Capitalization Planning FEF
The board may submit a bonding proposition to the electors of the district in an amount determined by the board to be necessary to meet the facility needs of the district. In so doing, all requirements of law governing the bonding of the district shall be complied with and legal counsel employed to ensure that all legal requirements relative to necessary resolutions, election, bond applications, etc. are met.
LEGAL REF: MCL, 134.1-11; 380.1351-1372