§ 250.350.

MUNICIPAL IMPROVEMENT DISTRICT BONDS

If proceedings are had pursuant to Subdivisions 4 or 5 of Subarticle V of this Procedure Code, then in the resolution ordering the acquisitions or improvements the Board shall determine the estimated costs of said acquisitions and improvements and of the expenses incidental thereto, and the total estimated amount of the bonds to be issued. The bonds shall be issued and sold and the proceeds shall be used to pay the costs and expenses of the project.

History

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

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