10-2-612 - New municipality -- Ownership of property -- Indebtedness of original municipalities.
10-2-612. New municipality -- Ownership of property -- Indebtedness of originalmunicipalities.
Any consolidated municipality shall be deemed to be a continuation of the mergedmunicipalities, except as herein expressly provided, and shall own all of the assets, property,records, seals, equipment, and be responsible for the liabilities of each and all of themunicipalities dissolved by the consolidation. The new municipality shall require the inhabitantsof an original municipality included in the consolidation, by special tax levy, to satisfy anyindebtedness incurred by the original municipalities provided inhabitants residing in other parts ofthe consolidated municipality did not or do not benefit by the revenue or services obtained by theexpenditures causing the indebtedness. The governing body of the consolidated municipality shallbe subject to the terms of the consolidation plan.
Enacted by Chapter 48, 1977 General Session