South Carolina § 5-31-920 Contracts with public agency to provide municipalities with primary, secondary or tertiary sewage treatment or to dispose of solid waste; terms and conditions.

South Carolina Statutes

§ 5-31-920 — Contracts with public agency to provide municipalities with primary, secondary or tertiary sewage treatment or to dispose of solid waste; terms and conditions.

South Carolina·Title 5 MUNICIPAL CORPORATIONS·Ch. 31 ELECTRICITY, WATER, NATURAL GAS AND SEWERAGE SYSTEMS

Each municipality, subject to compliance with the provisions of SECTION 5-31-930, is authorized to enter into contracts with any public agency in order to provide such municipality with primary, secondary or tertiary sewage treatment or in order to dispose of solid waste, upon such terms and conditions as its council shall deem appropriate, including, without limitation, the following:

(a)that the municipality unconditionally obligates itself to pay a stipulated or ascertainable amount for a designated period of time;

(b)that the obligation of the municipality under the contract is secured by a pledge of the municipality's full faith, credit and taxing power for the payment of which an unlimited ad valorem tax shall be levied upon all taxable property in the municipality;

(c)that the ob

Free access — add to your briefcase to read the full text and ask questions with AI

Each municipality, subject to compliance with the provisions of SECTION 5-31-930, is authorized to enter into contracts with any public agency in order to provide such municipality with primary, secondary or tertiary sewage treatment or in order to dispose of solid waste, upon such terms and conditions as its council shall deem appropriate, including, without limitation, the following: (a) that the municipality unconditionally obligates itself to pay a stipulated or ascertainable amount for a designated period of time; (b) that the obligation of the municipality under the contract is secured by a pledge of the municipality's full faith, credit and taxing power for the payment of which an unlimited ad valorem tax shall be levied upon all taxable property in the municipality; (c) that the obligation of the municipality under the contract is primarily payable from designated revenues other than revenues derived from ad valorem taxes; (d) that the obligation of the municipality under the contract is primarily payable from designated revenues other than revenues derived from ad valorem taxes and such obligation is guaranteed to the extent such revenues are insufficient by a pledge of the municipality's full faith, credit and taxing power for the payment of which an unlimited ad valorem tax shall be levied upon all taxable property in the municipality.

South Carolina § 5-31-920 (Contracts with public agency to provide municipalities with primary, secondary or tertiary sewage treatment or to dispose of solid waste; terms and conditions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.