§ 250.078.

ADVANCED BY CITY WITHOUT BONDS

The Board may declare in the resolution of intention or by separate resolution subsequently adopted that the City intends to advance the entire cost of the project from available funds without issuance of bonds. In such event, the City shall pay all project costs as they accrue, and shall succeed to all rights under the assessment and to all rights which would have accrued under the bonds had they been issued.

History

(Added by Ord. 225-81, App. 5/5/81)

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