12-6,110.   Public improvements, costs; installment payments; delay inpayment of assessments; bonds.Whenever the governing body of any city authorizes the construction of anypublic improvement, the expense of which is chargeable to a benefit district,the governing body may provide for the payment of the cost thereof byinstallments, instead of levying the entire tax or special assessment for suchcost at one time. In addition, the governing body may authorize and provide fora delay in the payment of such assessments subject to the conditions and in themanner provided in this act. The governing body may issue internal improvementbonds of the city to pay the cost of such improvements. The procedurefor assessing and collecting the installments, or for redeeming lands fromspecial assessments, for bonds issued for the construction of publicimprovements shall be the same as for bonds issued for paving, so far as thesame is applicable, and for the cost of such public improvements as are madepayable out of the general improvement fund of the city. The governing bodyalso may issue general improvement bonds of the city, and such bonds and theinterest thereon shall be paid by the levy of a general tax on all the propertyin the city.

      History:   R.S. 1923, § 13-1018;L. 1937, ch. 132, § 1;L. 1941, ch. 122, § 10;L. 1945, ch. 113, § 1;L. 1947, ch. 138, § 1;L. 1951, ch. 151, § 1;L. 1969, ch. 95, § 1;L. 1981, ch. 80, § 1;L. 1991, ch. 64, § 1; July 1.