Any city levying the tax as permitted in this subchapter is authorized to pledge all or any part of the revenues from the tax levied pursuant to this subchapter to the payment of lease rentals or principal of and interest on bonds issued by such city under the authority of any other law for the purpose of providing all or part of the funds for the construction, reconstruction, extension, equipment, acquisition, or improvement of any capital improvements of a public nature or on bonds issued to refund such bonds, and such bonds, including the refunding bonds, shall be deemed to have been authorized by this subchapter for purposes of ยงยง 26-75-207 -- 26-75-212, 26-75-213, 26-75-215, and 26-75-217.
Section: Previous 26-75-202 26-75-203 26-75-204 26-75-205 26-75-206 26-75-207 26-75-208 26-75-209 26-75-210 26-75-211 26-75-212 26-75-213 26-75-214 26-75-215 NextLast modified: November 15, 2016