Alabama Code (Last Updated: November 28, 2014) |
Title11 COUNTIES AND MUNICIPAL CORPORATIONS. |
Title2 PROVISIONS APPLICABLE TO MUNICIPAL CORPORATIONS ONLY. |
Chapter50. PUBLIC UTILITIES. |
Article3. Acquisition, Operation, etc., of Sewers or Sewer Systems by Municipalities Generally. |
Division2. Purchase of Sanitary Sewers or Sewer Systems and Assessments Therefor. |
§11-50-96. Issuance of bonds to pay for sewers or sewer system authorized generally.
Latest version.
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For the purpose of providing funds to pay the cost of said sewer or sewer system authorized to be purchased under the provisions of this division, the council of any city or town may issue bonds, within the limitations prescribed by the Constitution, in such amount as may be necessary, not to exceed the total cost of said sewer or sewers or sewer system.