§ 53.25.200. Advances of general fund moneys or credit
Port districts are hereby granted the power to advance their general fund moneys or credit, or both, without interest to accomplish the objects and purposes of this chapter, which fund shall be repaid from the sale or lease, or both, of such developed or redeveloped lands, provided, if the money advanced for such development or redevelopment was obtained from the sale of general obligation bonds of the port, then such advances shall bear the same rate of interest that said bonds bore.
[1955 c 73 § 20.]
Sections: Previous 53.25.080 53.25.090 53.25.100 53.25.110 53.25.120 53.25.130 53.25.140 53.25.150 53.25.160 53.25.170 53.25.190 53.25.200 53.25.210 53.25.900 53.25.910 NextLast modified: April 7, 2009