Indiana § 36-9-32-6 Ordinances approving issuance of bonds

Indiana Statutes

§ 36-9-32-6 — Ordinances approving issuance of bonds

Indiana·Title 36 LOCAL GOVERNMENT·Art. 9 TRANSPORTATION AND PUBLIC WORKS·Ch. 32 Financing of Public Improvements in Municipalities

If the legislative body finds that the issuance
of bonds under this chapter will be of benefit to the health or welfare
of the municipality and serves the public purpose set forth in section 2
of this chapter, it may adopt an ordinance approving the issuance of
bonds under this chapter. The municipality may publish a notice of a
hearing regarding the public purpose of the issuance of the bonds and
any other matter and, if the notice is published, it shall be published in
accordance with IC 5-3-1.

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If the legislative body finds that the issuance
of bonds under this chapter will be of benefit to the health or welfare
of the municipality and serves the public purpose set forth in section 2
of this chapter, it may adopt an ordinance approving the issuance of
bonds under this chapter. The municipality may publish a notice of a
hearing regarding the public purpose of the issuance of the bonds and
any other matter and, if the notice is published, it shall be published in
accordance with IC 5-3-1.

Indiana § 36-9-32-6 (Ordinances approving issuance of bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.