12-2717. Same; reimbursement agreement.

12-2717

Chapter 12.--CITIES AND MUNICIPALITIES
Article 27.--WATER SUPPLY, WATERWORKS AND DISTRIBUTION OF WATER

      12-2717.   Same; reimbursement agreement. Such contracting city may thereby obligate itself to reimburse the United States of America such portion of the cost of such storage and distribution facilities including interest thereon, as may be determined by such city and the United States of America to be allocable to the municipal water supply furnished. Such contract for reimbursement may extend over such period of years as is permissible under applicable federal laws and regulations and as shall be agreed to by the governing body of such city.

      History:   L. 1957, ch. 239, § 2; March 18.