2006 Nebraska Revised Statutes - § 17-516 — Streets and malls; improvement; paving bonds; warrants; interest; terms.

Section 17-516
Streets and malls; improvement; paving bonds; warrants; interest; terms.

For the purpose of paying the cost of constructing, landscaping, and equipping malls and plazas, paving, repaving, macadamizing or graveling, curbing, guttering, or otherwise improving streets, avenues or alleys in any improvement district, the mayor and council or board of trustees shall have the power and may, by ordinance, cause to be issued bonds of the city or village to be called District Improvement Bonds of District No. ...., payable in not exceeding fifteen years from date, and to bear interest payable annually or semiannually with interest coupons attached or may issue its warrants, as other warrants are issued, to be called District Improvement Warrants of District No. ...., payable in the order of their number, to be issued in such denominations as may be deemed advisable, and to bear interest. When warrants are issued for the payment of such cost, special taxes and assessments shall be levied sufficient to pay such warrants and the interest thereon within three years from the date of issuance.

Source:

Laws 1909, c. 22, § 1, p. 192

Laws 1911, c. 21, § 1, p. 140

R.S.1913, § 5110

Laws 1915, c. 92, § 1, p. 233

Laws 1917, c. 102, § 1, p. 269

Laws 1919, c. 50, § 1, p. 146

C.S.1922, § 4283

Laws 1923, c. 135, § 1, p. 332

Laws 1927, c. 42, § 1, p. 179

C.S.1929, § 17-432

Laws 1933, c. 136, § 20, p. 532

C.S.Supp.,1941, § 17-432

R.S.1943, § 17-516

Laws 1963, c. 72, § 1, p. 275

Laws 1963, c. 73, § 1, p. 276

Laws 1969, c. 92, § 3, p. 458

Laws 1969, c. 51, § 44, p. 299

~Reissue Revised Statutes of Nebraska