13-7,100

Chapter 13.--CITIES OF THE FIRST CLASS
PART I.--GOVERNMENT BY MAYOR AND COUNCIL AND GENERAL LAWS
Article 7.--FIRE DEPARTMENT

      13-7,100.   Same; retirement of outstanding bonds of fire district whichis dissolved or from which territory is detached.If any fire district dissolved hereunder shall haveoutstanding at the time of its dissolution any general obligation bonds,the tax levies to retire such bonds and to pay the interest thereon shallbe levied only on the taxable tangible property located in the territory of suchdistrict prior to its dissolution. If any fire district from which area isdetached hereunder shall have outstanding at the time of detachment anygeneral obligation bonds, the tax levies to retire such bonds and to paythe interest thereon shall continue to be levied only on the taxable tangible propertylocated in the detached area.

      History:   L. 1985, ch. 66, § 5; July 1.