95.527. Additional bonds authorized for national park or plaza--election (cities over 400,000). - Missouri Statutes

Additional bonds authorized for national park or plaza--election(cities over 400,000).

95.527. 1. Any city having a population of four hundredthousand inhabitants or more may borrow money and issue bonds inan amount not to exceed one million five hundred thousand dollarsfor the purpose of providing funds to supplement the fundsauthorized by sections 95.510 to 95.525. Any additional fundsauthorized hereunder shall be expended as provided by ordinance,and the ordinance shall provide the extent, if any, to which anyexpenditure shall be conditioned upon the expenditures ofadditional funds for improvements to be made by the UnitedStates.

2. The submission of the question may be ordered byordinance without a petition therefor, and all bonds issued underthe provisions of this section are subject to all limitations,terms and provisions of law applicable to the issuance and saleof general obligation bonds of the city.

(L. 1965 p. 220 §§ 1, 2, A.L. 1978 H.B. 971)