Sec. 42. (a) The board shall hold a hearing as required by section 25 of this chapter. The board shall appropriate the proceeds of the bonds as required by law for special taxing district bonds.

     (b) IC 6-1.1-20-1, IC 6-1.1-20-2, and IC 6-1.1-20-5 apply to the issuance of the bonds.

     (c) The bonds may be sold at a public sale in accordance with IC 5-1-11 or may be sold at a negotiated sale.

As added by P.L.74-1986, SEC.9. Amended by P.L.25-1995, SEC.92; P.L.125-2018, SEC.9.