time, not exceeding $500,000 $900,000 and to issue therefor the |
interest-bearing negotiable notes or bonds of the district, |
maturing serially or otherwise, and to make subsequent renewals of |
the same in whole or in part, and for said purposes and for the |
purpose of refunding any notes, bonds or other lawful indebtedness, |
to establish a fund therefor, and for expenses and liabilities |
incurred or assumed under the provisions of this Act, including |
expenses in the creation of this district, in securing sources of |
supply, taking water and land, paying damages, laying pipes, |
constructing, maintaining and operating a water plant and making |
extensions, additions and improvements to the same, the said |
district, through its trustees, may, from time to time, issue bonds |
of the district to an amount necessary in the judgment of the |
trustees therefor, maturing at one time or in uniform or varying |
installments, with or without call provisions and at such rates of |
interest and on such terms and conditions as the trustees shall |
determine. |