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9 that provides additional funding for school districts 10 is established. A board of directors that wishes to 11 consider participating in the smaller class size 12 infrastructure program shall hold a public hearing on 13 the question of participation. The board shall set 14 forth its proposal, including the method that will be 15 used to fund the program, in a resolution and shall 16 publish the notice of the time and place of a public 17 hearing on the resolution. Notice of the time and 18 place of the public hearing shall be published not 19 less than ten nor more than twenty days before the 20 public hearing in a newspaper which is a newspaper of 21 general circulation in the school district. At the 22 hearing, or no later than thirty days after the date 23 of the hearing, the board shall take action to adopt a 24 resolution to participate in the smaller class size 25 infrastructure program for a period not exceeding five 26 years or to direct the county commissioner of 27 elections to submit the question of participation in 28 the program for a period not exceeding ten years to 29 the registered voters of the school district at the 30 next regular school election or at a special election. 31 If the board submits the question at an election and a 32 majority of those voting on the question favors 33 participation in the program, the board shall adopt a 34 resolution to participate and certify the results of 35 the election to the department of management. 36 2. If the board does not provide for an election 37 and adopts a resolution to participate in the smaller 38 class size infrastructure program, the district shall 39 participate in the smaller class size infrastructure 40 program unless within twenty-eight days following the 41 action of the board, the secretary of the board 42 receives a petition containing the required number of 43 signatures, asking that an election be called to 44 approve or disapprove the action of the board in 45 adopting the smaller class size infrastructure 46 program. The petition must be signed by eligible 47 electors equal in number to not less than one hundred 48 or thirty percent of the number of voters at the last 49 preceding regular school election, whichever is 50 greater. The board shall either rescind its action or Page 2 1 direct the county commissioner of elections to submit 2 the question to the registered voters of the school 3 district at the next following regular school election 4 or a special election. If a majority of those voting 5 on the question at the election favors disapproval of 6 the action of the board, the district shall not 7 participate in the smaller class size infrastructure 8 program. If a majority of those voting on the
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