(a) Municipalities and counties are authorized to use any available revenues for the accomplishment of tourism projects, either alone or together with other available funds and revenues. They may issue bonds, as authorized in this subchapter, for the accomplishment of tourism projects, either alone or together with other available funds and revenues.
(b) Bonds may be issued in such principal amount as shall be sufficient to pay the cost of accomplishing the tourism project involved, the cost of issuing bonds, the amount necessary for a reserve, if deemed desirable, the amount necessary to provide for debt service on the bonds until revenues for the payment of them are available, and any other costs and expenditures of whatever nature incidental to the accomplishment of the tourism project involved.
Section: Previous 14-170-202 14-170-203 14-170-204 14-170-205 14-170-206 14-170-207 14-170-208 14-170-209 14-170-210 14-170-211 14-170-212 14-170-213 14-170-214 NextLast modified: November 15, 2016