48-2464. Powers of district
In the exercise of the powers granted or permitted by law, the district shall have the additional power:
1. To issue its bonds to finance, in whole or in part, the costs of any undertaking.
2. To pledge to the punctual payment of the bonds and interest thereon the revenue of the district, or any part thereof, or all or any part of the revenue from the undertaking, including improvements or extensions thereafter constructed or acquired, sufficient to pay the bonds and interest as they become due, and to create and maintain reasonable reserves therefor. The board of directors, in determining the cost of the undertaking, may include all costs and estimated costs of the issuance of the bonds, all engineering, inspection, fiscal and legal expenses, and interest which it is estimated will accrue on money borrowed or which will be borrowed during the construction period and for such period thereafter as the board may determine, initial reserve funds for debt service and working capital, the costs of the services of agents or persons, corporations, firms, partnerships or associations, employed, or consultants, advisors, engineers or fiscal, financial or other experts in the planning, preparation, supervision and financing of such undertaking, and the costs incurred by the district in obtaining the order authorizing the issuance of the bonds pursuant to section 48-2465.
3. To fix, levy, and collect fees, rentals or other charges for the use of or in connection with the services and facilities of the district or the undertaking, and, if any agreements with holders of bonds are made as may be provided by law, to fix, levy and collect such fees, rentals and other charges in accordance with such agreements and subject thereto.
Section: Previous 48-2442 48-2443 48-2444 48-2445 48-2461 48-2462 48-2463 48-2464 48-2465 48-2466 48-2467 48-2468 48-2469 48-2470 48-2471 NextLast modified: October 13, 2016