§ 17-166. Trust agreements.

Latest version.

In the resolution authorizing the bonds, the board of county commissioners may authorize the execution of a trust agreement providing that proceeds of the local government half-cent sales tax shall be deposited with a trustee and disbursed only pursuant to the terms of such trust instrument and making such other provisions as are appropriate and desirable. Any costs incurred by the board of county commissioners in connection with such trust arrangements shall be costs of the project or projects.

(Code 1965, § 1-54.30; Ord. No. 83-10, § 10, 4-5-83)

                    
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