30:9-21 - Bonds for new city hospitals in cities of the first class; issue and sale
30:9-21.Ā Bonds for new city hospitals in cities of the first class; issue and sale
Whenever, in the judgment of the municipal board or body having charge of the finances in any city of the first class, the buildings and property devotedĀ to the use of a city hospital shall be deemed to be insanitary, improper orĀ inadequate, such board or body may issue bonds, either registered or coupon, toĀ an amount not exceeding three hundred thousand dollars, and to sell the same,Ā at public or private sale, to raise money to pay for the erection andĀ construction and furnishing of a new hospital building or buildings in place ofĀ the hospital building or buildings determined as aforesaid to be insanitary,Ā improper and inadequate, and to purchase lands necessary for the same.Ā AllĀ moneys received from the sale of such bonds shall be applied and used for theĀ purposes herein enumerated, and for no other purpose.
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Whenever, in the judgment of the municipal board or body having charge of the finances in any city of the first class, the buildings and property devotedĀ to the use of a city hospital shall be deemed to be insanitary, improper orĀ inadequate, such board or body may issue bonds, either registered or coupon, toĀ an amount not exceeding three hundred thousand dollars, and to sell the same,Ā at public or private sale, to raise money to pay for the erection andĀ construction and furnishing of a new hospital building or buildings in place ofĀ the hospital building or buildings determined as aforesaid to be insanitary,Ā improper and inadequate, and to purchase lands necessary for the same.Ā AllĀ moneys received from the sale of such bonds shall be applied and used for theĀ purposes herein enumerated, and for no other purpose.
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