81.120. Every city or town in this state having a specialcharter and now or hereafter containing ten thousand inhabitantsor less, shall have and is hereby granted power, authority andright to issue its bonds, to an amount not exceeding the limitauthorized by the constitution of the state, for the purpose ofconstructing and maintaining levees and acquiring theright-of-way therefor within the limits of such city or town.
(L. 1949 p. 383 ยง 7452A)