3-132. Same; bond elections.
3-132
3-132. Same; bond elections.
When said board of public utilities shall find it necessary and
expedient to have the city vote bonds for the construction, extension or
improvement of the municipal airport and municipal fields for aviation
purposes, it shall be the duty of the mayor of said city, within 30 days
after receiving written request from said board of public utilities to
issue a proclamation for holding an election to vote bonds in the amount
requested by the board of public utilities according to law. If such bonds
carry by a legal majority, the governing body of the city shall then issue
such bonds in the amounts requested by the board of public utilities and
deliver the proceeds thereof to the treasurer of the board of public
utilities, provided that if bonds have been authorized by an election but
not issued, such bonds may be issued at any subsequent time, at the request
of the board of public utilities.
History: L. 1941, ch. 12, § 7; March 26.