12-528. Same; bonds; limitations; use of other funds.

12-528

Chapter 12.--CITIES AND MUNICIPALITIES
Article 5.--ADDITIONS, VACATION AND LOT FRONTAGE

      12-528.   Same; bonds; limitations; use of other funds. If deemed necessary, the city is hereby authorized to issue general obligation or revenue bonds of the city without an election for approval thereof, and may use water utility funds as are available for the purpose of making any payments authorized herein. Bonds issued under authority of this section shall not be subject to any limitation on the aggregate amount of bonds authorized to be issued by the city for any purpose nor shall bonds issued hereunder be subject to any such limitation.

      History:   L. 1968, ch. 80, § 2; July 1.