Alabama § 11-50-106 Refunding of Excess Assessments - Authority and Procedure Generally

Alabama Statutes

§ 11-50-106 — Refunding of Excess Assessments - Authority and Procedure Generally

Alabama·Title 11 Counties and Municipal Corporations·Ch. 50 Public Utilities·Art. 3 Acquisition, Operation, Etc., of Sewers or Sewer Systems by Municipalities Generally·Div. 2 Purchase of Sanitary Sewers or Sewer Systems and Assessments Therefor

In the event the amount collected from the assessment under any ordinance authorizing the purchase of a sewer, sewers, or sewer system shall exceed the total cost and expense of the same, there shall be refunded to each of the parties affected by said assessment a proportionate amount of the excess upon demand made thereafter by said parties within 12 months after maturity or payment of the bonds authorized by this division.

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In the event the amount collected from the assessment under any ordinance authorizing the purchase of a sewer, sewers, or sewer system shall exceed the total cost and expense of the same, there shall be refunded to each of the parties affected by said assessment a proportionate amount of the excess upon demand made thereafter by said parties within 12 months after maturity or payment of the bonds authorized by this division.

Alabama § 11-50-106 (Refunding of Excess Assessments - Authority and Procedure Generally) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.