250.110. Revenue bonds to improve or extend for particular locality--how payable (districts). - Missouri Statutes

Revenue bonds to improve or extend for particular locality--howpayable (districts).

250.110. Any such sewer district shall have the power,subject to a favorable vote at an election called and held asherein provided, to issue revenue bonds for the improvement orextension or both of the existing sewerage system for the purposeof serving a particular locality, and such revenue bonds may bepayable from the revenues derived or to be derived from theoperation of the entire sewerage system of the district or may bepayable from the revenues to be derived from the operation of thesewerage system in such particular locality as may be set forthin the proposition submitted at said election, provided, however,that the pledge of such revenues shall be subject to any priorpledge thereof.

(L. 1951 p. 638 § 10)

(1987) "Such sewerage facilities" held to mean those facilities which will be acquired, constructed, improved, or extended. Beatty v. Metropolitan Sewer District, 731 S.W.2d 318 (Mo.App.E.D.).