(1) The plan of organization shall be deemed rejected if:
The majority vote in any affected school district at the special school district organization election is not in favor of the final approved plan of organization; or
A majority of the eligible electors who reside in territory that would be subject to anincrease in the mill levy, if required by the final approved plan of organization, does not approve the mill levy increase.
(2) (a) If the final approved plan of organization involves fewer than three existing school districts and the final approved plan of organization is rejected, the committee shall be dissolved.
(b) If the final approved plan of organization involves three or more existing school districts and the final approved plan of organization is approved in at least two of the affected school districts, the members of the planning committee who were appointed from the approving school districts may continue as a planning committee and prepare and submit a new plan of organization involving only those school districts in which the plan of organization was approved.
Source: L. 92: Entire article R&RE, p. 505, § 1, effective June 1. L. 96: Entire section amended, p. 58, § 11, effective July 1.
Editor's note: This section is similar to former § 22-30-125 as it existed prior to 1992. 22-30-121.5. New school district - election concerning financial matters. When there is a reorganization under the provisions of this article and the final approved plan of organization requires an election concerning financial matters, the chair of the committee shall call for a special election concerning financial matters in the new or annexing school district. The special election shall be held on the date specified in the final approved plan of organization and may be held in conjunction with the election on the approved plan of organization. If a mill levy increase is required under the final approved plan of organization for any territory affected by the final approved plan of organization, approval of such a mill levy increase by the eligible electors residing in such territory is a prerequisite to adoption of the final approved plan of organization.
Source: L. 96: Entire section added, p. 58, § 12, effective July 1.