17D-1-504 - Pledge of revenues to pay for bonds.
17D-1-504. Pledge of revenues to pay for bonds.
Bonds may be payable from and secured by the pledge of all or any specified part of:
(1) the revenues to be derived by the special service district from providing its servicesand from the operation of its facilities and other properties;
(2) sales and use taxes, property taxes, and other taxes;
(3) federal, state, or local grants;
(4) in the case of special assessment bonds, the special assessments pledged to repay thespecial assessment bonds; and
(5) other money legally available to the special service district.
Enacted by Chapter 360, 2008 General Session