11-8-37. General obligation bonds issued by municipality to aid urban renewal project--Laws applicable.
102 words·~1 min read·
/sd/title-11/chapter-11-8/11-8-37A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For the purposes of §§ 11-8-34 to 11-8-36 , inclusive, or for the purpose of aiding in the planning, undertaking, or carrying out of an urban renewal project and related activities of a municipality, the municipality may in addition to any authority to issue bonds pursuant to § 11-8-66 , issue and sell its general obligation bonds. All bonds issued by a municipality pursuant to this section shall be authorized, issued, and sold as provided in chapter 6-8B . Nothing in this section or §§ 11-8-34 to 11-8-36 , inclusive, may limit or otherwise adversely affect any other section of this chapter.