Indiana § 36-9-29-24 Bonds for replacement, enlargement, extension, or construction of
additional works; costs exceeding amount available

Indiana Statutes

§ 36-9-29-24 — Bonds for replacement, enlargement, extension, or construction of additional works; costs exceeding amount available

Indiana·Title 36 LOCAL GOVERNMENT·Art. 9 TRANSPORTATION AND PUBLIC WORKS·Ch. 29 Flood Control Districts in Certain Cities

If the flood control board finds that:

(1)it is necessary to replace, enlarge, or extend any part of the flood control works or construct additional works in order to protect the district properly; and

(2)the cost of the replacement, enlargement, extension, or construction will exceed the amount then available out of current maintenance and repair funds; the board may issue bonds under section 23 of this chapter for that purpose. However, the board must first comply with sections 18, 19, and 20 of this chapter. [Pre-Local Government Recodification Citation: 19-4-18-14 part.] As added by Acts 1981, P.L.309, SEC.105.

Free access — add to your briefcase to read the full text and ask questions with AI

If the flood control board finds that:
(1) it is necessary to replace, enlarge, or extend any part of the
flood control works or construct additional works in order to
protect the district properly; and
(2) the cost of the replacement, enlargement, extension, or
construction will exceed the amount then available out of current
maintenance and repair funds;
the board may issue bonds under section 23 of this chapter for that
purpose. However, the board must first comply with sections 18, 19,
and 20 of this chapter.
[Pre-Local Government Recodification Citation: 19-4-18-14
part.]
As added by Acts 1981, P.L.309, SEC.105.

Indiana § 36-9-29-24 (Bonds for replacement, enlargement, extension, or construction of additional works; costs exceeding amount available) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.