19-2896. Same; revenue bonds for capital improvements.
19-2896
19-2896. Same; revenue bonds for capital improvements.The county park district board may issue revenue bonds to finance thecost of purchasing and constructing revenue producing capital improvements,and such bonds shall be a specific lien upon properties and facilitiesconstructed and improved and the revenue derived therefrom including feesof all kinds, including tolls, charges and other revenues which may bepledged for their payment; and shall in no case be a debt that isguaranteed or secured by any other property within the district; and nospecial election shall be required to authorize the issuance of such bonds.
History: L. 1963, ch. 193, § 15; June 30.