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elect i o n the ballot shall c o n t a i n the w o r d s ........................... (Question) Y e a ” , or ....................(Question) N o . " o r words equivalent thereto. If a m a j o r i t y of the votes cast are " Y e a " , the board of d i r e c t o r s shall toe a u t h o r i s e d to incur the exp ease and i n d e b t e d n e s s f o g the p u r p o s e stated i n t h e p r o p o s a l voted upon, a n d shall cause b o n d s to be issued in the am o u n t a u t h o r i z e d t o be issued, as h e r e i n a f t e r p r o v i d e d ? If a m a j o r i t y o f t h e Totes east at s u c h b o n d elect i o n are "ifo", t h e r e s u l t of such election shall b e so declared and ente r e d of reoord. Thereafter, w h e n e v e r said b o a r d in its judgment d e e m s i t f o r the b e s t interest o f t h e district that the question of t h e Issuance o f bonds i n s u c h a m o u n t , or in any other amount, shall be s u b m itted t o the electors i t shall so declare on record in its minutes, and m a y t h e r e u p o n submit s u c h q u e s t i o n tc said electors in the same m a n n e r and w i t h like effect as at s u c h previous election, bat n o q u e s t i o n shall be r e s u b m i t t e d to t h e elec t o r s w i t h i n o n e y e a r a f t e r the same has b e e n v o t e d u p o n and rejected* I f t h e bonds shall be authorised t o be issued at s u c h election, they shall b e issued as the g e n e r a l o b l i g a t i o n s o f t h e district, for the payment of w h i c h t h e f u l l faith, credit a n d resou r c e s of t h e district are pledged, a n d i t shall b e t h e d u t y a n n u a l l y of t h e g o v e r n i n g b o d y to preTlde for the l e w of taxes on a l l t a x a b l e prop e r t y l a the district (subject to pertinent existing constitutional restrictions) fully sufficient in c o n j u n c t i o n w i t h ether a r a i l a b l e income and revenues of the district to assure t h e prompt payment of principal and interest as t h e y fall due, and to e s t a b l i s h s u c h rese r v e s f o r contingencies as m a y be prov i d e d in the r e s o l u t i o n a d o p t i n g the prop o s a l to be submitted at a n y b o n d election. T h e g o v e r n i n g b o d y of the district s h a l l in eaob y e a r i n d u e season p r i o r to t h e time w h e n cou n t y taxes are levied by the board of county commissioners d e t e r m i n e the amount of taxes w h i c h are n e c e s s a r y to be l e v i e d on the taxable prop e r t y in such d i s ­trict for s u c h year, f o r the purpose of s u p p l e m e n t i n g o t h e r revenues of the district a v a i l a b l e f o r t h e paym e n t o f principal a n d Inte r e s t of any bond issues, and p r i o r to the d a t e on w h i c h the b o a r d of animal ggjoners m a k e s t h e cou n t y l e w for s u c h y e a r the g o v e r n i n g body of the dist r i c t s h a l l certify to the clerk of said b o a r d the amount