§ 7.04. Notes in anticipation of bonds.  


Latest version.
  • Whenever an issue of bonds has been authorized as provided in this Charter, the mayor, when authorized by resolution, shall have power to issue notes of the city in anticipation of such bonds, for the purpose of defraying the whole or any part of the cost of such project. Such notes shall be authenticated by the signature of the mayor and the city treasurer and shall mature not later than five years after the date of issue.

    (Acts 1982, Ch. 76, § 1)

(Acts 1982, Ch. 76, § 1)