204.624. Costs, how met. - Missouri Statutes

Costs, how met.

204.624. The cost of any reorganized common sewer district toacquire, construct, improve, or extend a sewerage system may be met:

(1) Through the expenditures by the common sewer district of anyfunds available for that purpose, including temporary or interim financingfunds obtained through any federal or state loan program or from a locallending institution;

(2) From any other funds that may be obtained under any law of thestate or of the United States or from any county or municipality for thatpurpose;

(3) From the proceeds of revenue bonds of the common sewer district,payable solely from the revenues to be derived from the operation of suchsewerage system or from any combination of all the methods of providingfunds;

(4) From the proceeds of general obligation bonds of the reorganizedcommon sewer district, payable solely from voter-approved property taxes asprovided for by law;

(5) From the proceeds of special obligation bonds of the reorganizedcommon sewer district, payable solely from special fees or other revenuesreceived by the district pledged for the purposes of payment of such bonds;or

(6) From the proceeds of user fees, charges, or other imposition forfacilities and services provided by the district to its customers and usersor the availability of services provided to persons, users, and customerswithin the district or who otherwise benefit from services provided by thedistrict.

(L. 2007 S.B. 22)