ID S1279

Irrigation district boards may sell personal or real property without appraisal, notice, or competitive bids if the property does not exceed $250,000 in value.

Property exceeding $250,000 in estimated value must first be appraised by three disinterested freeholders and sold at public or private sale to the highest bidder for cash at not less than appraised value after due notice.

Notice of sale exceeding $250,000 must be posted in three public places in each election precinct at least 10 days before the sale, with optional additional publication in newspapers up to three times.

Federal or state licenses or permits may be sold without appraisal or competitive bid upon board resolution, but the resolution must be published weekly for four consecutive weeks and is subject to a referendum petition by 10% of district electors.

A referendum election on license or permit sales must be held within 45 days of petition filing; after either no petition is filed or a majority votes in favor, the sale becomes conclusively legal and cannot be challenged after 30 days of publication.