48-931. Proportionate assessment; collection or issuance of bonds
The board of directors may, upon completion of any portion of the improvement for which the contract price equals twenty thousand dollars or more, order the superintendent to make an assessment for the proportionate part of the contract completed, and thereon proceedings and rights of collection of such proportionate amount shall be had as provided by this article. If the resolution of intention for the improvement provides for the issuance of improvement bonds, they shall be issued and delivered to the contractor for the proportionate amount of the contract price so assessed.
Section: Previous 48-924 48-925 48-926 48-927 48-928 48-929 48-930 48-931 48-932 48-933 48-934 48-935 48-936 48-937 48-938 NextLast modified: October 13, 2016