§ 17-262. Findings.

Latest version.

The board of county commissioners hereby finds and determines the following:
(1)

The county has heretofore levied the public service tax in accordance with applicable law.

(2)

The board of county commissioners deems it in its best interest to issue bonds, from time to time, to finance or refinance various projects which will benefit the health and welfare of the citizens of the county.

(3)

Such bonds shall be payable from the pledged funds and shall not constitute a general debt or obligation of the county. Such bonds shall never be payable from any ad valorem tax levied within the county.

(Ord. No. 92-35, § 2, 11-10-92)

                    
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