West Virginia § 8-18-15 Bonds to pay municipality's share of cost of improvements

West Virginia Statutes

§ 8-18-15 — Bonds to pay municipality's share of cost of improvements

West Virginia·Ch. 8 MUNICIPAL CORPORATIONS·Art. 18 ASSESSMENTS TO IMPROVE STREETS, SIDEWALKS AND SEWERS; SEWER CONNECTIONS AND BOARD OF HEALTH; ENFORCEMENT OF DUTY TO PAY FOR SERVICE

Every municipality is also empowered and authorized to issue and sell its bonds, as provided in this article for the sale of other bonds, to pay any part of the cost of such improvements to be paid by the municipality, and such municipality may levy taxes in addition to all other taxes authorized by law, to pay such bonds and interest thereon: Provided, That the total indebtedness of the municipality for all purposes shall not exceed five percent of the total value of all taxable property therein.

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

Every municipality is also empowered and authorized to issue and sell its bonds, as provided in this article for the sale of other bonds, to pay any part of the cost of such improvements to be paid by the municipality, and such municipality may levy taxes in addition to all other taxes authorized by law, to pay such bonds and interest thereon: Provided, That the total indebtedness of the municipality for all purposes shall not exceed five percent of the total value of all taxable property therein.

West Virginia § 8-18-15 (Bonds to pay municipality's share of cost of improvements) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.