22-1-701. Public library districts -- purpose -- territory. (1) The purpose of this part is to provide a method for:

(a) establishing, equipping, administering, and funding public libraries; and

(b) contracting for library services from existing public libraries.

(2) A public library district may contain the entire territory of a county, the territory of part of a county, or territory in more than one county. A public library district may include incorporated municipalities within a county.

(3) The territory included in a public library district must contain a taxable value of at least $5 million.