(A) The City Council may, after meeting all the requirements of state law, issue bonds, fund bonds and retire bonds for such purposes as may be permitted by state law.
(B) The City Council shall have the authority to levy special assessments for the payment of interest and principal on these bonds and may spread the payments up to the maximum number of years permitted by state law.
Statutory reference:
Bonds in general, see Neb. Rev. Stat. §§ 18-1801 through 18-1805
Funding and refunding bonds, see Neb. Rev. Stat. §§ 10-606 through 10-612
General provisions, see Neb. Rev. Stat. §§ 10-101 through 10-143