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Alabama Code (Last Updated: November 28, 2014) |
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Title11 COUNTIES AND MUNICIPAL CORPORATIONS. |
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Title2 PROVISIONS APPLICABLE TO MUNICIPAL CORPORATIONS ONLY. |
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Chapter50. PUBLIC UTILITIES. |
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Article3. Acquisition, Operation, etc., of Sewers or Sewer Systems by Municipalities Generally. |
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Division2. Purchase of Sanitary Sewers or Sewer Systems and Assessments Therefor. |
§11-50-78. Payment of portion of costs of purchase by council; costs of purchase specified.
Latest version.
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The council may pay out of the general funds of the city or town or any special funds that may be provided for the purpose such portion of the cost of the proposed purchase of said sewers or sewer system as they see proper.
The cost of any sewers or sewer system purchased as contemplated by this division shall include the expenses of the preliminary and other surveys and estimates, printing and publishing of notices, resolutions and ordinances required, including notices of assessment, the purchase price of sewers or sewer systems, the cost of preparing bonds, interest on bonds when bonds have been issued in anticipation of the collection of the assessments, and any other expenses necessary for the completion of such purchase.