LD 7
pg. 2
Page 1 of 2 P & S Law Chapter 10 LD 7 Title Page
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LR 118
Item 1

 
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.

 
Emergency clause. In view of the emergency cited in the preamble,
this Act takes effect when approved.


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