§ 250.162.

NONFIXED LIEN BONDS

Bonds issued pursuant to Subdivisions 5, 6, or 7 of Subarticle VI or pursuant to any other bond plan now or hereafter adopted by the Board which are payable from annual assessment levies which are not installments of total assessments which are a fixed lien on the properties assessed, and the annual assessment installments levied to pay the principal and interest of such bonds, are hereby declared to be on an equal parity one with another, regardless of bond plan, issue, series or date of issue.

History

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

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