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Code · Vermont · Title 24 — Municipal and County Government · Chapter 138

§ 5703.

135 words·~1 min read·/vt/title-24/chapter-138/5703

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§ 5703. Limitations; taxes; indebtedness; eminent domain
Notwithstanding any grant of authority in this chapter to the contrary:
(1)A district shall not accept funds generated by the taxing or assessment power of any municipality in which it is located.
(2)A district shall not have the power to levy, assess, apportion, or collect any tax upon property within the district, nor upon any of its underlying municipalities, without specific authorization of the General Assembly.
(3)All obligations of the district, including financing leases, shall be secured by and payable only out of the assets of or revenues or monies in the district, including revenue generated by an enterprise owned or operated by the district.
(4)A district shall not have powers of eminent domain. (Added 2017, No. 69, § B.1, eff. June 28, 2017.)
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