Nebraska § 14-527 Bonds; issuance; election required; exceptions

Nebraska Statutes

§ 14-527 — Bonds; issuance; election required; exceptions

Nebraska·Ch. 14 Cities of the Metropolitan Class

Bonds of a city of the metropolitan class shall not be issued without a vote of the electors in the manner provided for in sections 14-101 to 14-2004 except to finance the following which may be issued by the city council without such vote:

(1)Street improvements, grading, renewal, or refunding;

(2)police stations, not to exceed one hundred thousand dollars in any one year;

(3)parks, not to exceed one hundred thousand dollars in any one year;

(4)sewers, not to exceed five hundred thousand dollars in any one year;

(5)public comfort stations, not to exceed fifty thousand dollars in any one year;

(6)fire stations, not to exceed thirty thousand dollars in any one year; and (7) acquisition of existing utility systems or plants by condemnation proceedings.

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Bonds of a city of the metropolitan class shall not be issued without a vote of the electors in the manner provided for in sections 14-101 to 14-2004 except to finance the following which may be issued by the city council without such vote: (1) Street improvements, grading, renewal, or refunding; (2) police stations, not to exceed one hundred thousand dollars in any one year; (3) parks, not to exceed one hundred thousand dollars in any one year; (4) sewers, not to exceed five hundred thousand dollars in any one year; (5) public comfort stations, not to exceed fifty thousand dollars in any one year; (6) fire stations, not to exceed thirty thousand dollars in any one year; and (7) acquisition of existing utility systems or plants by condemnation proceedings.

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