18-2150. Financing; pledge of taxes.
77 words·~1 min read·
/ne/chapter-18/18-2150A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the proceedings for the issuance of bonds, the making of loans or advances of money, or the incurring of any indebtedness, whether funded, refunded, assumed, or otherwise, by an authority to finance or refinance, in whole or in part, a redevelopment project, the portion of taxes mentioned in subdivision (1)(b) of section 18-2147 shall be pledged for the payment of the principal of, premium, if any, and interest on such bonds, loans, notes, advances, or indebtedness.