§ 110-154. Temporary bonds.  


Latest version.
  • Prior to the preparation of definitive bonds of any series, the council may, under like restrictions, issue interim receipts, interim certificates, or temporary bonds, exchangeable for definitive bonds when such bonds have been executed and are available for delivery. The council may also provide for the replacement of any bonds which shall become mutilated, or be destroyed or lost. Bonds may be issued without any other proceedings or the happening of any other conditions or things than those proceedings, conditions or things which are specifically required by this article.

(Ord. No. 94-19, Art. I, § 3(Art. 5, § 5.4), 12-15-94)