Section 38.00. Referenda on bond resolutions or capital note resolutions; fire districts and other district corporations

a. A bond resolution or  a capital note resolution  adopted  by  the  finance  board  of  a  fire
  district  shall  not become effective unless it shall have been approved
  at a regular or special election of such district in the manner provided
  in section one hundred and seventy-nine of the town law, as amended from
  time to time.
    b. 1. If, prior to the effective date of this chapter, in  a  district
  corporation other than a fire district, the voting of a special tax or a
  tax  to  be  collected  in  installments  for an object or purpose, at a
  regular or special election or meeting, is a condition precedent to  the
  authorization of the issuance of obligations for such object or purpose,
  a  bond resolution or a capital note resolution authorizing the issuance
  of bonds or capital notes for  such  object  or  purpose  shall  not  be
  adopted  by  the  finance  board  unless  a  special  tax or a tax to be
  collected in installments for such object or  purpose  shall  have  been
  voted at such an election or meeting in the manner provided by law.
    2.  If,  prior  to  the  effective date of this chapter, in a district
  corporation other than a fire district, the approval  of  a  proposition
  for  the  expenditure of money for an object or purpose, at a regular or
  special  election  or  meeting,  is  a  condition   precedent   to   the
  authorization of the issuance of obligations for such object or purpose,
  a  bond resolution or a capital note resolution authorizing the issuance
  of bonds or capital notes for  such  object  or  purpose  shall  not  be
  adopted by the finance board unless a proposition for the expenditure of
  money  for  such  object  or purpose shall have been approved at such an
  election or meeting in the manner provided by law.
    3. If, prior to the effective date of  this  chapter,  in  a  district
  corporation  other  than  a  fire  district,  the  authorization  of the
  issuance of obligations for an object or purpose must be approved  at  a
  regular  or  special election or meeting, a bond resolution or a capital
  note resolution adopted by the finance board authorizing the issuance of
  bonds or capital notes for such  object  or  purpose  shall  not  become
  effective  unless  it shall have been so approved at such an election or
  meeting in the manner provided by law.