13-1278. Same; township tax for bond and debt service cost.
13-1278
13-1278. Same; township tax for bond and debt service cost.
During the time that the revenue bond and debt service cost, including
principal and interest, assumed by the city at the time of taking control
of such system, are being paid the township board of any such township
shall levy an annual tax sufficient to raise an amount equal to thirty-five
dollars ($35) for each fire hydrant remaining in any such township, and pay
such amount annually to any such city of the first class or its board of
public utilities for fire protection.
History: L. 1967, ch. 109, § 4; March 17.