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VERMONT STATUTES AND CODES

§ 1121 -   Limitations

§ 5-1121. Limitations

The credit of the city shall not be pledged, except in the manner herein provided, and the city council shall not expend in any year a sum of money in excess of the revenues of the city for that year or increase the indebtedness of the city, except, as provided by this charter.

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