Montana Statutes
§ 85-9-601 — Assessments
85-9-601 . Assessments.
(1)To the extent that anticipated revenues from rates, fees, and other charges fixed pursuant to 85-9-407 (1) will not be sufficient to meet the district's anticipated obligations for annual operation, maintenance, and replacement or depreciation of works or for payment of the interest and principal on bonded indebtedness, the directors may make an assessment of not more than 2 mills on all taxable real property in the district for the purpose of fully meeting such obligations.
(2)In addition to the assessment authorized by subsection (1), the directors may annually make an assessment of up to 3 mills on the taxable real property in the district to pay interest and principal on bonded indebtedness.
(3)The assessments are a lien upon each lot or parcel of land wit
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Legislative History
En. Sec. 16, Ch. 100, L. 1969; R.C.M. 1947, 89-3416.
Nearby Sections
15
§ 85-9-101
Policy Considerations§ 85-9-102
Purpose Of Chapter§ 85-9-103
Definitions§ 85-9-104
Limitations§ 85-9-201
Preliminary Survey -- Petition§ 85-9-203
Hearing By Department§ 85-9-205
Procedure For Organization Of District§ 85-9-207
Corporate Nature Of District§ 85-9-208
Filing Of Documents After Organization§ 85-9-301
Procedure For Dissolution Of District§ 85-9-302
Dissolution Election