If at said election three-fifths of the voters voting thereon shall vote in favor of the issuance of the bonds, the board of county commissioners shall proceed at once to issue the same and shall sell the same in the manner now provided by law for the sale of municipal and county bonds. The bonds shall not be sold for less than par and accrued interest. The proceeds of the bonds shall be deposited in the county treasury to be paid out by the treasurer upon warrants authorized to be issued by the board of county commissioners.

Laws 1929, c. 26, p. 23, § 5. Amended by Laws 1983, c. 170, § 12, eff. July 1, 1983; Laws 1929, c. 26, p. 24, § 7.