14-601c.   Participation in cost of establishing hospital; bondelection.Whenever, in any city of the second class which does not have adequatehospital facilities for the residents of such, a nonprofit corporation, acharitable or religious organization proposes to construct and equip asuitable hospital in said city at a cost of not less than $200,000 inaccordance with plans and specifications acceptable to the governing bodyof such city, and obligates itself to operate and maintain such hospital ina manner acceptable to the governing body of such city, the city isauthorized and empowered to participate in the cost of constructing andequipping said hospital in an amount not to exceed $100,000. Such amountmay be paid from the proceeds of bonds issued and sold for that purpose:Provided, That before any bonds are issued for such purpose, thegoverning body of the city shall submit the question of the cityparticipating in the cost of constructing and equipping a hospital and theamount thereof to the qualified electors of the city at a regular cityelection or a special election called for that purpose as provided by law,and the majority of those voting on the proposition shall have declared bytheir votes to be in favor of the city participating in the constructionand equipping of such hospital. All bonds issued under the provisions ofthis section shall be issued, registered, sold and retired in accordancewith the provisions of the general bond law.

      History:   L. 1947, ch. 164, § 1; March 8.