Chap. 86.—An ACT to amend and reenact Section 1 of Chapter 367 of the Acts
of Assembly of 1936, approved March 28, 1936, relating to issuance of bonds
fr certain school | mprovements, so as to large the purposes for which
such bonds may be igeued, and to make certain es as to procedure for
calling elections therefor. (H 214]

Approved March 3, 1948

Be it enacted by the General Assembly of Virginia:

1. That section one of chapter three hundred sixty-seven of
the Aets of Assembly of nineteen hundred thirty-six, approved
March twenty-eight, nineteen hundred thirty-six, be amended and
reenacted as follows:

Section 1. Upon the petition to the county school board of
thirty per centum of the qualified voters or one thousand qualified
voters, whichever is the lesser number, of any county in this State,
such school board may adopt a resolution reciting the expediency
of borrowing money by such county and the issuance of bonds
therefor. for the purpose of providing funds for school improvements
in said county, including the purchase of sites for school buildings
or additions to school buildings, the construction of school buildings
or additions to, or alterations of existing school buildings, and the
furnishing and equipping of school buildings or additions to school
buildings. The resolution shall set forth the amount of the bonds,
the length of time for which they are to run, not exceeding thirty
years from the date thereof, the maximum rate of interest to be
aid thereon, not exceeding six per centum per annum, and in the
event the county school board shall desire to reserve an option to
redeem the bonds prior to maturity, the resolution shall state the
time when the bonds shall be so redeemable. It shall not be neces-
sary for the resolution to specify the particular school improve-
ments for which the proceeds of the bonds shall be used, but the
resolution may, in the discretion of the county school board, either
specify the particular school improvements for which the proceeds
of the bonds shall be used, or recite such purposes in the general
language of this act, and if the resolution recite such purposes in
such general language, the county school board may, following the
election hereinafter provided for, determine by resolution the parti-
cular school improvements for which the proceeds of the bonds
or any portion thereof shall be used. A certified copy of the resolu-
tion shall be forthwith presented to the circuit court or to the judge
thereof in vacation. The court or judge within fifteen days of the
receipt of the certified copy of such resolution, shall by order entered
in term time or vacation, direct the proper officers of the county
to take such steps and prepare such means as may be necessary to
submit to the qualified voters of such county at a special election
for determination, the question of whether such bonds shall be
issued, and the court or judge shall make such order as may be
proper to give due publicity to such election. The election shall be
held not less than fifteen nor more than twenty days after the
date of such order, and notice thereof in the form prescribed by the
court or judge shall be posted at each voting place in the county
at least ten days before such election and shall also be published
once at least ten days before the election in a newspaper of general
circulation in said county.

The poll books and the certificates of the judges of election shall
be delivered by one of the judges of election from each precinct
in the county or district, to the clerk of the court ordering such
election, and the result thereof certified by the clerk to the county
school board and to the judge of the court ordering said election.