Section 29.47.080. Bond anticipation borrowing.

Latest version.

A municipality may borrow money in anticipation of the sale of general obligation and revenue bonds if
        (1) the general obligation bonds to be sold have been authorized by ordinance and ratified by a majority vote at an election;
        (2) the revenue bonds to be sold have been authorized by ordinance.

Notes

History

(Sec. 14 ch 74 SLA 1985)

                    
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