184.366. Taxation to retire debt.

Taxation to retire debt.

184.366. Before incurring any indebtedness under theprovisions herein the board of said district is hereby authorizedand shall provide for the collection of an annual tax on alltaxable tangible property therein sufficient to pay the interestand principal of the indebtedness as they fall due and to retirethe same within twenty years from the date contracted. The saidtax levy shall be in addition to that tax levy authorized by thevoters as provided in section 184.350.

(L. 1969 3d Ex. Sess. H.B. 23 § 9)