Missouri Revised Statutes













Chapter 91

Municipally Owned Utilities

←91.593

Section 91.595.1

91.596→

August 28, 2015

Waterworks--revenue bonds, issuance--authorization for.

91.595. All cities in the state under special charter and which have or

may hereafter have a population of not less than three thousand and not more

than ten thousand inhabitants and which now own and operate or may hereafter

own and operate a waterworks system may, and are hereby authorized and

empowered to, issue revenue bonds, which shall be payable solely from the

revenues derived from the operation of such utility by the municipality and

not a general obligation of such city, for the purpose of providing funds for

the repair or improvement of any such system, including the pumping and

distribution facilities thereof, or the replacement of any part thereof, or

for the extension of any such system within or without such city as such

expenditures are now or may hereafter be allowed by law, and for the

acquisition of all necessary easements and rights-of-way which such extension

or improvement may require, and for the purchase and installation of all

necessary equipment and materials for adding additional pumping or

distributional facilities to any such system including the purchase of any

existing distributional facilities now or hereafter allowed by law.



(L. 1951 p. 349 § 1)







Top



Missouri General Assembly



Copyright © Missouri Legislature, all rights reserved.