(a) (1) All contractors shall be required to give bond for the faithful performance of contracts as may be awarded them, with good and sufficient sureties in an amount to be fixed by the board of commissioners.
(2) The board shall not remit or excuse the:
(A) Penalty or forfeiture of the bond; or
(B) Breaches of the bond.
(b) (1) The board may appoint all necessary agents for carrying on the work and may fix their pay.
(2) The board shall pay a reasonable fee for legal services in organizing the district.
(c) (1) The board may sell all unnecessary material and implements that may be on hand and which may not be necessary for the completion of the improvement under way or for its operation.
(2) The board may in general make all contracts in the conduct of the affairs of the district as may best serve the public interest.
(d) (1) The board shall make no contract for the purchase of material or equipment costing ten thousand dollars ($10,000) or more except upon sealed bids opened in public.
(2) It shall be the duty of the secretary of the district to deliver a news item notice of intention to receive bids on certain equipment to the daily papers in the county and at least one (1) weekly paper.
Section: Previous 14-284-109 14-284-110 14-284-111 14-284-112 14-284-113 14-284-114 14-284-115 14-284-116 14-284-117 14-284-118 14-284-119 14-284-120 14-284-121 14-284-122 14-284-123 NextLast modified: November 15, 2016