3-132. Same; bond elections.
3-132
3-132. Same; bond elections.When said board of public utilities shall find it necessary andexpedient to have the city vote bonds for the construction, extension orimprovement of the municipal airport and municipal fields for aviationpurposes, it shall be the duty of the mayor of said city, within 30 daysafter receiving written request from said board of public utilities toissue a proclamation for holding an election to vote bonds in the amountrequested by the board of public utilities according to law. If such bondscarry by a legal majority, the governing body of the city shall then issuesuch bonds in the amounts requested by the board of public utilities anddeliver the proceeds thereof to the treasurer of the board of publicutilities, provided that if bonds have been authorized by an election butnot issued, such bonds may be issued at any subsequent time, at the requestof the board of public utilities.
History: L. 1941, ch. 12, § 7; March 26.