Section 465.05 Tax Levy to Pay Interest
465.05 TAX LEVY TO PAY INTEREST.
When any such city shall so accept such gift or donation the governing body thereof shall have the right to enter such a written contract for the payment of such interest so determined upon, it shall be the duty of the city council annually, at the time other taxes are levied, to levy a tax sufficient to pay such obligation so incurred.
History:
(1664) 1923 c 395 s 2