§ 17-165. Option to require projects to be revenue-producing.

Latest version.

In the resolution authorizing the bonds, the board of county commissioners may limit the project or projects to be financed to only those which, upon acquisition or completion, would produce revenue either:
(1)

To service the debt on the bonds, in whole or in part; or

(2)

To replenish, in whole or in part, the construction fund or project fund established in connection with the bonds.

(Code 1965, § 1-54.29; Ord. No. 83-10, § 9, 4-5-83)

                    
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