Alabama § 11-81-162 Estimate of Cost of Acquisition, Extension, Repair, Consolidation, Etc

Alabama Statutes

§ 11-81-162 — Estimate of Cost of Acquisition, Extension, Repair, Consolidation, Etc

Alabama § 11-81-162

Title 11Counties and Municipal Corporations

Ch. 81Municipal and County Bonds

Art. 5Revenue Bonds for Waterworks, Gas, Sewer or Electric Systems

This text of Alabama § 11-81-162 (Estimate of Cost of Acquisition, Extension, Repair, Consolidation, Etc) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 11-81-162 (2026).

Text

Whenever the governing body of any borrower shall determine to acquire, improve, enlarge, extend or repair a system or systems under the provisions of this article, it shall first cause an estimate to be made of the cost thereof, and the fact that such estimate has been made and the amount thereof shall appear in the authorizing proceedings providing for the issuance of the bonds proposed to be issued to finance such acquisition, improvement, enlargement, extension or repair.

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Whenever the governing body of any borrower shall determine to acquire, improve, enlarge, extend or repair a system or systems under the provisions of this article, it shall first cause an estimate to be made of the cost thereof, and the fact that such estimate has been made and the amount thereof shall appear in the authorizing proceedings providing for the issuance of the bonds proposed to be issued to finance such acquisition, improvement, enlargement, extension or repair.