§ 219. Bond issues and taxation.
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§ 219. Bond issues and taxation.
In any proceeding to adjust and apportion indebtedness, the township or the borough shall have power to issue and deliver to the borough or township interest-bearing bonds in liquidation of the indebtedness ascertained, to be its proportionate share payable, if the bonds are acceptable to the borough or township or townships entitled to receive the bonds. The court may make necessary orders for the collection and payment by the township or townships or borough of the amount needed to pay its share of any indebtedness apportioned to it by special taxes to be collected in one year or by annual installments.
08c221h
SUBCHAPTER B
CONSOLIDATION
(Reserved)
08c231h
SUBCHAPTER C
CREATION FROM CITIES OF THE THIRD CLASS
Sec.
231. Procedure.
232. Filing, notice and return.
233. Borough government.
234. Effect.
235. Costs and expenses.
Cross References. Subchapter C is referred to in section 805 of this title.
08c231s