(i) the governing body of the county or municipality that created the special service district, if no administrative control board has been established under Section 17D-1-301; or
(ii) the administrative control board, if one has been established under Section 17D-1-301 and the power to issue bonds not payable from taxes has been delegated to the administrative control board.
(4)
(a) "Local political subdivision" means a county, city, town, metro township, school district, special district, or special service district.
(b) "Local political subdivision" does not include the state and its institutions.