14-707. Same; bonds; assessment.
14-707
14-707. Same; bonds; assessment.
In the event that said governing body of such city shall order the
laying and construction of such water mains, they shall issue ten-year
serial bonds to pay the cost thereof, and the board of county commissioners
shall levy and pay over to the city, annual special assessments against all
property included in said benefit district petitioning for said water
service, sufficient to pay the annual interest and to retire said bonds on
maturity of the same, in the same manner and to the same extent as special
assessments for lateral sewers are now levied in said cities: Provided,
however, That where the governing body of such city shall deem it
advisable to lay a water main larger than six inches in diameter in such
benefit district, the amount to be paid by such special assessment shall
not be greater than would be the cost of a main six inches in diameter, and
the remainder of the cost shall be paid from the water fund of the city.
History: L. 1925, ch. 120, § 3; L. 1931, ch. 129, § 2; Feb. 17.