Section 389.55 - Establishment of community college district composed of intermediate school districts; annual tax rate(1) A community college district is established under this chapter only if both of the following occur:(a) A majority of the electors voting in the proposed community college district area approve the organization of the district.(b) A board of trustees in the proper number is elected by a majority of the voting electors.(2) A majority of the electors voting in the community college district shall approve of the proposition establishing the maximum annual tax rate for the community college district. If the proposition to establish the maximum annual tax rate does not receive the required vote of the electors, the proposition to establish the maximum annual tax rate may be resubmitted at a regular election or at a special election called by the school district filing official at the request of the board of trustees. If the proposition to establish the maximum annual tax rate fails after being submitted 3 times, the community college district is dissolved.Amended by 2003, Act 306, s 17, eff. 1/1/2005.1966, Act 331, Eff. 10/1/1966 ;--Am. 1967, Act 285, Imd. Eff. 8/1/1967.