14-528 Street improvements; bonds; issuance; amount; use of proceeds. - Nebraska Statutes

14-528. Street improvements; bonds; issuance; amount; use of proceeds.The city council is authorized to issue and sell bonds of the city, from time to time, to finance street improvements, as in this section specified. The amount of bonds which may be issued and sold at any one time shall not exceed the total amount of bona fide contracts actually entered into for the kinds of street improvements included within this section and for the financing of which provisions have not otherwise been made. The proceeds from bonds sold under the authority of this section may be used and employed to finance or to aid in financing the classes and kinds of improvement, inclusive of all proper intersection charges, designated in this section, to wit: Paving, repaving, surfacing and renewing surfaces, changing character of paving, guttering, reguttering, curbing and recurbing, and improvements made in combination as authorized in section 14-391, and macadamizing streets, avenues, alleys, and public thoroughfares of the city. SourceLaws 1921, c. 116, art. IV, § 23, p. 479; C.S.1922, § 3649; C.S.1929, § 14-526; R.S.1943, § 14-528; Laws 1961, c. 30, § 7, p. 150.AnnotationsLanguage of resolution, declaring it "expedient and necessary" to grade street, is sufficient compliance. Burkley v. City of Omaha, 102 Neb. 308, 167 N.W. 72 (1918).