§ 94-47. Issuance of bonds.  


Latest version.
  • Whenever any approving resolution shall have been adopted, as provided in section 94-46 or at any time thereafter, the city commission may issue bonds, the interest, premium and principal of which are payable from the pledged revenues. These bonds shall mature not later than two years after the last installment in which the special assessments may be paid, as provided in section 94-91, and shall bear interest at a rate not exceeding the maximum rate provided by law.

(Ord. No. 92-2782, § 3(F), 6-17-92)