15-807

Chapter 15.--CITIES OF THE THIRD CLASS
PART I.--GOVERNMENT BY MAYOR AND COUNCIL AND GENERAL LAWS APPLICABLE TO CITIES OF THE THIRD CLASS

Article 8.--PUBLIC UTILITIES

     
15-807.   Bonds for improving waterworks system.
Any city of the third class owning and operating an electric light
plant, sewer system or waterworks plant whose water supply may be
insufficient to operate said utilities is by this act authorized to
increase its bonded indebtedness above fifteen percent but not exceeding
twenty percent of the assessed valuation of all taxable property within
said city as shown by the assessment books for the year next preceding the
year in which improvements shall be authorized, for the purpose of
enlarging, repairing, extending and improving its waterworks system.

     
History:   L. 1920, ch. 23, § 1; Jan. 25; R.S. 1923, § 15-807.