13-10,125

Chapter 13.--CITIES OF THE FIRST CLASS
PART I.--GOVERNMENT BY MAYOR AND COUNCIL AND GENERAL LAWS

Article 10.--PUBLIC IMPROVEMENTS

     
13-10,125.   Same; bonds.
In order to pay the cost of improvements authorized by this act, such
city is authorized to issue its general improvement bonds in an amount not
exceeding one hundred thousand dollars ($100,000) in any one calendar year.
Such bonds shall be issued as provided by law, but shall not be subject to
nor limited by any tax levy limitation or limitation of indebtedness.

     
History:   L. 1955, ch. 114, § 3; April 9.