Missouri § 95.485 Debt arising from purchase of waterworks, income applied, how (cities over 100,000).

Missouri Statutes

§ 95.485 — Debt arising from purchase of waterworks, income applied, how (cities over 100,000).

Missouri § 95.485

Title VIICITIES, TOWNS AND VILLAGES

Ch. 95Financial Administration and Indebtedness

This text of Missouri § 95.485 (Debt arising from purchase of waterworks, income applied, how (cities over 100,000).) 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. § 95.485 (2026).

Text

In case any such bonds shall be issued for the purpose of paying any such sums required to be paid by a court on account of or in respect of the purchase or acquisition by such city of any waterworks, gas works, electric light works or property from which such city may thereafter derive any income or revenue, such income and revenue for each year shall be used to pay the cost of maintaining, repairing, enlarging and extending such works or property, and the interest on such bonds, and the residue of such income and revenue shall be paid into the sinking fund provided for by section 95.480 , for the payment of the principal of such bonds.

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In case any such bonds shall be issued for the purpose of paying any such sums required to be paid by a court on account of or in respect of the purchase or acquisition by such city of any waterworks, gas works, electric light works or property from which such city may thereafter derive any income or revenue, such income and revenue for each year shall be used to pay the cost of maintaining, repairing, enlarging and extending such works or property, and the interest on such bonds, and the residue of such income and revenue shall be paid into the sinking fund provided for by section 95.480 , for the payment of the principal of such bonds.