Missouri § 204.630 Revenue bonds, duties of district.

Missouri Statutes

§ 204.630 — Revenue bonds, duties of district.

Missouri § 204.630

Title XIIPUBLIC HEALTH AND WELFARE

Ch. 204Common Sewer Districts in Certain Areas

This text of Missouri § 204.630 (Revenue bonds, duties of district.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 204.630 (2026).

Text

It shall be the mandatory duty of any reorganized common sewer district issuing any general or special revenue bonds under sections 204.600 to 204.640 to:

(1)Fix and maintain rates and make and collect charges for the use and services of the system, for the benefit of which revenue bonds were issued, sufficient to pay the cost of maintenance and operation;

(2)Pay the principal of and the interest on all revenue bonds issued by the reorganized common sewer district chargeable to the revenues of the system; and

(3)Provide funds ample to meet all valid and reasonable requirements of the resolution by which the revenue bonds have been issued. From time to time, the rates shall be revised to meet fully the requirements of sections 204.600 to 204.640 . As long as any bond issued o

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It shall be the mandatory duty of any reorganized common sewer district issuing any general or special revenue bonds under sections 204.600 to 204.640 to:

(1) Fix and maintain rates and make and collect charges for the use and services of the system, for the benefit of which revenue bonds were issued, sufficient to pay the cost of maintenance and operation;

(2) Pay the principal of and the interest on all revenue bonds issued by the reorganized common sewer district chargeable to the revenues of the system; and

(3) Provide funds ample to meet all valid and reasonable requirements of the resolution by which the revenue bonds have been issued. From time to time, the rates shall be revised to meet fully the requirements of sections 204.600 to 204.640 . As long as any bond issued or the interest thereon shall remain outstanding and unpaid, rates and charges sufficient to meet the requirements of this section shall be maintained and collected by the reorganized common sewer district that issued the bonds.