12-16,112. Same; amount of bonds, if issued.
12-16,112
12-16,112. Same; amount of bonds, if issued.In addition to the temporary borrowing authorized by theprovisions of this act, any municipality authorized by law to issue bondsfor a public purpose or public improvement for which a state loan or grantmay be received pursuant to a written agreement may include in any bondissue authorization an amount sufficient to temporarily finance anyexpenditures necessary in advance of the receipt of the state loan or grantas well as the amount of the municipality's share of the cost of the publicservice or public improvement, if any.
History: L. 1989, ch. 56, § 5; July 1.