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Section: 077.0180 Election to be held for issuance of bonds. RSMO 77.180


Published: 2015

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Missouri Revised Statutes













Chapter 77

Third Class Cities

←77.170

Section 77.180.1

77.190→

August 28, 2015

Election to be held for issuance of bonds.

77.180. Before any such bonds shall be issued the mayor and council

shall, by ordinance, provide that said bonds shall be issued, which said

ordinance shall fix the maximum amount of said bonds and in a general way the

purposes for which said money shall be expended and shall submit the question

to issue bonds to the voters of the city. The ballots shall state the

maximum amount of bonds proposed to be issued and the fact that such bonds

are not to be payable from taxation and will not be a debt of said city and

the general purpose for which they are to be issued. If the majority of

voters voting on the question assent, the mayor and city council may, by

ordinance, cause such bonds of such municipality not exceeding the maximum

amount submitted to the voters to be issued for the purpose set out in said

ordinance and secure the same as herein provided.



(RSMo 1939 § 7048, A.L. 1978 H.B. 971)







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