15-731. Bonds for street and highway improvements, bridges and culverts; election.
15-731
15-731. Bonds for street and highway improvements, bridges andculverts; election.Any city of the third class may issue general obligation bonds payableby the city at large to surface, resurface, pave, repave, curb, recurb,gutter, regutter, or otherwise improve any street or streets, avenue oravenues or other public highway or highways, other than an alley, togetherwith necessary bringing to grade and grading, and with such culverts,drainage facilities and other incidentals as may be necessary, and to buildbridges and approaches thereto, any or all of these, when authorized so todo by an election called for any one or more of such purposes and when amajority of those voting on the proposition vote in favor thereof.
The governing body may call an election at any time by passing anordinance describing the street or streets, avenue or avenues or otherpublic highway or highways or parts thereof to be improved, or the locationof the bridge to be constructed, and describing in general terms theimprovement or improvements to be made and the maximum amount of bonds tobe issued. If the amount of bonds authorized is not sufficient to completethe project or projects as voted upon, such part of the project or projectsshall be abandoned as will bring the cost within the maximum amount ofbonds authorized. In case any street, avenue or other public highway orpart thereof is not improved because of insufficient bond authorization, itmay be included in any subsequent election.
For bonded debt purposes such bonds shall be considered the same asbonds issued to pay the cost of improvements of intersections of streets.Bonds issued under this act shall be issued, sold, delivered and retired inaccordance with the provisions of the general bond law except as hereinotherwise expressly provided. The provisions of this act are supplementalto other statutes relating to similar street improvements and shall notprevent the city from using other available statutes.
History: L. 1951, ch. 194, § 1; June 30.