2006 Nebraska Revised Statutes - § 31-531 — Enlarged district; eminent domain; borrowing money; bonds; interest; issuance; election.

Section 31-531
Enlarged district; eminent domain; borrowing money; bonds; interest; issuance; election.

Such enlarged district shall have the power of eminent domain under the same conditions as the original sanitary drainage district. Such enlarged district may borrow money for corporate purposes and issue bonds therefor, but it shall not become indebted in any manner to an amount exceeding one and four-tenths percent of the taxable valuation of the property in the district for county purposes. Before incurring any indebtedness, the question shall be submitted to the certified voters of the district in the manner provided by law for submitting the question of bond issue by the county for internal improvements.

Source:

Laws 1919, c. 240, § 8, p. 1002

C.S.1922, § 1887

C.S.1929, § 31-625

R.S.1943, § 31-531

Laws 1969, c. 51, § 94, p. 332

Laws 1979, LB 187, § 137

Laws 1992, LB 719A, § 124

Laws 2001, LB 420, § 25

Cross References:

Issuance of bonds by county for internal improvements,see section 10-401 et seq.

~Reissue Revised Statutes of Nebraska