3-152. Bonds for additional facilities in certain cities under 80,000.
3-152
3-152. Bonds for additional facilities in certain cities under 80,000. The governing body of any city of the first class having a population ofless than eighty thousand (80,000) and which maintains two (2) or moremunicipal airports is hereby authorized and empowered to issue the generalobligation bonds of such city in an amount not exceeding fifty thousanddollars ($50,000) for the purpose of providing funds to be used toconstruct and equip new hangars and to provide other facilities at one ofthe airports of such city and to move at least one hangar from one airportto another and to reconstruct and re-equip the hangar or hangars so moved.Such bonds shall be issued, registered, sold, delivered and retired inaccordance with the provisions of the general bond law.
History: L. 1955, ch. 12, § 1; March 15.