Section 106.3 - Constructing, purchasing, or extending waterworks; borrowing; expenditure. - Michigan Statutes

THE FOURTH CLASS CITY ACT (EXCERPT)
Act 215 of 1895

106.3 Constructing, purchasing, or extending waterworks; borrowing; expenditure.

Sec. 3.

It shall be lawful for a city, subject to the provisions of this act, to borrow money to be used exclusively for the purpose of purchasing, constructing, or extending waterworks, as provided in sections 1 and 2 of this chapter. The total amount expended for constructing, purchasing, or extending such waterworks shall not exceed the estimate of expense provided for in section 4 of this chapter.

History: 1895, Act 215, Eff. Aug. 30, 1895 ;-- CL 1897, 3249 ;-- CL 1915, 3167 ;-- CL 1929, 2091 ;-- CL 1948, 106.3 ;-- Am. 1969, Act 88, Eff. Mar. 20, 1970 ;-- Am. 1974, Act 345, Imd. Eff. Dec. 21, 1974