Nebraska § 3-230 Joint agreements; funds; revenue, use

Nebraska Statutes

§ 3-230 — Joint agreements; funds; revenue, use

Nebraska § 3-230

Ch. 3Aeronautics

This text of Nebraska § 3-230 (Joint agreements; funds; revenue, use) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 3-230 (2026).

Text

For the purpose of providing funds for necessary expenditures in carrying out the provisions of sections  3-221  to  3-232 , a joint fund shall be created and maintained, into which each of the municipalities involved shall deposit its proportionate share as provided by the joint agreement. Such funds are to be provided by bond issues, tax levies and appropriations made by each municipality in the same manner as though it were acting separately under the authority of sections  3-201  to  3-238  and  18-1502 . The revenue obtained from the ownership, control and operation of the airports and other air navigation facilities jointly controlled shall be paid into such fund, to be expended as provided in section  3-214 . Revenue in excess of the cost of maintenance and operating expenses of the

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For the purpose of providing funds for necessary expenditures in carrying out the provisions of sections 3-221 to 3-232 , a joint fund shall be created and maintained, into which each of the municipalities involved shall deposit its proportionate share as provided by the joint agreement. Such funds are to be provided by bond issues, tax levies and appropriations made by each municipality in the same manner as though it were acting separately under the authority of sections 3-201 to 3-238 and 18-1502 . The revenue obtained from the ownership, control and operation of the airports and other air navigation facilities jointly controlled shall be paid into such fund, to be expended as provided in section 3-214 . Revenue in excess of the cost of maintenance and operating expenses of the joint properties shall be divided as may be provided in the original agreement for the joint venture.