(A) The governing body may, after meeting all requirements of state law, issue bonds, fund bonds and retire bonds for such purposes as may be permitted by state law.
(B) The governing body shall have the authority to levy special assessments for the payment of interest and principal on such bonds and may spread the payments up to the maximum number of years permitted by state law.
(Prior Code, § 1-822)
Statutory reference:
Related provisions, see Neb. RS 10-201 through 10-411, 10-601 through 10-614, 12-1001, 17-529.01, 17-529.08, 17-534, 17-905, 17-908, 17-911, 17-939, 17-958, 17-968, 18-1801 through 18-1805, 23-3513, 39-836