48-2083. Deficiency in collections
If there is a deficiency in the revenues collected from the special assessments by reason of the inadequacy of the method of collection adopted by the district under section 48-2076, and the district had a population of more than two thousand persons and had been in existence for ten or more years, at the time the bonds were issued and sold, and the resolution authorizing the issuance and sale of the bonds particularly specifies, the district may make good the deficiency, reimbursing itself from the monies collected from the installments when they are received. If that method has not been adopted, the district may, but is not obligated to, make good the deficiency by a temporary loan from some other fund.
Section: Previous 48-2076 48-2077 48-2078 48-2079 48-2080 48-2081 48-2082 48-2083 48-2084 48-2085 48-2101 48-2102 48-2103 48-2106 48-2107 NextLast modified: October 13, 2016