14-1217 Bridges; acquisition; revenue bonds; power to issue. - Nebraska Statutes

14-1217. Bridges; acquisition; revenue bonds; power to issue.Cities of the metropolitan class are hereby authorized to provide funds for the purposes of sections 14-1201 to 14-1252 by the issuance of revenue bonds of such cities, the principal and interest of which bonds shall be payable solely from the special funds herein provided for such payment and as to which, as shall be recited therein, the city shall incur no indebtedness of any kind or nature and to support which the city shall not pledge its credit nor its taxing power nor any part thereof. Such bonds may, at the option of the governing body of such city, be supported by mortgage or by deed of trust. SourceLaws 1929, c. 176, § 10, p. 619; C.S.1929, § 14-1210; Laws 1931, c. 27, § 2, p. 108; C.S.Supp.,1941, § 14-1210; R.S.1943, § 14-1217.