2006 Nebraska Revised Statutes - § 18-2606 — Funds; use by municipality.
Section 18-2606Funds; use by municipality.
Money received by a municipality or credited to its account from the fund shall be used for one of the following purposes:
(1) To pay for the construction, acquisition, or equipping of infrastructure projects or portions thereof; or
(2) To pay principal, interest, premium, and costs of issuance on bonds issued by the municipality to finance the construction, acquisition, or equipping of infrastructure projects or portions thereof.
Source:
- Laws 1989, LB 683, § 7
Laws 2000, LB 968, § 9
~Revised Statutes Cumulative Supplement, 2006
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