§ 250.456.

GRANT ANTICIPATION FUNDS; PAYMENT; ASSIGNMENT; PLEDGE

A Note may be paid from funds which have or will be received by the City from grants of the State or Federal Government, or both, toward the costs of the public improvements for which the bonds were authorized; and said funds may be assigned or pledged as additional security for the payment of the Note and the interest thereon.

History

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

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