Montana Statutes
§ 7-14-4716 — Procedure To Issue Bonds
Montana·Title 7 LOCAL GOVERNMENT·Ch. 14 TRANSPORTATION·Part 47 Pedestrian Malls and Offstreet Parking Facilities
7-14-4716 . Procedure to issue bonds.
(1)When the governing body determines that improvement bonds are to be issued, it shall so declare in the resolution of intention for the work and shall specify the rate of interest which the bonds will bear. A description of the bonds, including the manner of repayment, shall be inserted in all notices of the proceedings required to be published or posted. A like description of the bonds shall be included in the warrant.
(2)All other proceedings for the work up to and including the approval of the assessment by the governing body and including delivery of the assessment to the contractor, demand of payment of the several assessments, and the return and record thereof shall be in all respects as provided in this part and parts 41 and 42 of chapter 12
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Legislative History
En. 11-2214.1 by Sec. 2, Ch. 136, L. 1967; R.C.M. 1947, 11-2214.1(a), (b); amd. Sec. 13, Ch. 253, L. 1979.
Nearby Sections
15
§ 7-14-1001
Purpose§ 7-14-1002
Transportation Improvement Authority§ 7-14-1003
Commissioners§ 7-14-1004
Cooperation Of County And Municipality§ 7-14-1005
General Powers Of The Authority§ 7-14-1006
Rules§ 7-14-1007
Tax Exemption§ 7-14-102
Repealed§ 7-14-104
Costs Of Discontinuation Of Trafficway§ 7-14-105
Through 7-14-109 Reserved§ 7-14-1101
Local Port Authority§ 7-14-1102
Regional Port Authority