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Brazil, IN Code of Ordinances
CITY OF BRAZIL, INDIANA CODE OF ORDINANCES
OFFICIALS
TITLE I: GENERAL PROVISIONS
TITLE III: ADMINISTRATION
TITLE V: PUBLIC WORKS
TITLE VII: TRAFFIC CODE
TITLE IX: GENERAL REGULATIONS
TITLE XI: BUSINESS REGULATIONS
TITLE XIII: GENERAL OFFENSES
TITLE XV: LAND USAGE
TABLE OF SPECIAL ORDINANCES
PARALLEL REFERENCES
§ 30.104  ORDINANCE REQUIRED TO BORROW MONEY; REVENUE FROM TAXES.
   (A)   The City of Brazil is permitted to borrow money in anticipation of current revenue from taxes in order to meet immediate cash needs pursuant to I.C. 36-4-6-20.
   (B)   Temporary loans are evidenced by time warrants, using as collateral receipts from property taxes yet to be collected.
   (C)   The Brazil Common Council is authorized to make temporary loans only by the passage of a proper ordinance.

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