(a) A municipality shall have authority to:
(1) Acquire, by gift, grant, purchase, condemnation, or otherwise, all necessary lands, rights-of-way, and property within or without the corporate limits of the city or town; and
(2) Issue revenue bonds to pay the cost of these works and property.
(b) No obligation shall be incurred by the municipality in the construction or acquisition except such as is payable solely from the funds provided under the authority of this subchapter.
Section: Previous 14-235-202 14-235-203 14-235-204 14-235-205 14-235-206 14-235-207 14-235-208 14-235-209 14-235-210 14-235-211 14-235-212 14-235-213 14-235-214 14-235-215 NextLast modified: November 15, 2016