91.820. May issue and sell public utility improvement and general bonds. - Missouri Statutes

May issue and sell public utility improvement and general bonds.

91.820. All such cities are hereby authorized and empowered,for the purpose of acquiring, constructing, equipping,maintaining and extending such rapid transit improvement, andpaying therefor, in whole or in part, to issue and sell publicutility, public improvement, and general bonds. The form anddenomination of such bonds; the date of maturity or maturitiesthereof; the rate of interest thereon and date and place ofpayment; by what officers and in what manner they shall beexecuted and attested; the place and method of payment, and thefund or funds out of which payment shall be made, together withother provisions and regulations concerning such bonds and notinconsistent herewith or contrary to law, shall be prescribed bythe ordinance authorizing the particular issue.

(RSMo 1939 § 7778)

Prior revision: 1929 § 7638