§ 35.41.060. Sale of revenue bonds and warrants -- Contract provisions
Revenue bonds and warrants may be sold by negotiation or by public or private sale in any manner and for any price the legislative body of any city or town deems to be for the best interest of the city or town. Such legislative body may provide in any contract, for the construction or acquisition of the proposed facility or utility or the maintenance and operation thereof, and that payment therefor shall be made only in revenue bonds and/or warrants at their par value.
[1965 c 7 § 35.41.060. Prior: 1957 c 117 § 6.]
Sections: Previous 35.41.010 35.41.030 35.41.050 35.41.060 35.41.070 35.41.080 35.41.090 35.41.095 35.41.100 35.41.900 NextLast modified: April 7, 2009