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Current as of January 01, 2024 | Updated by FindLaw Staff
An authority may provide funds for its purposes by using the following methods or any combination thereof:
1. Charging a fee for the sale or use of steam produced by the authority.
2. Issuing notes of an authority as authorized by this chapter.
3. In cooperation with cities whereby cities may agree to assist in financing projects and facilities through the issuance of municipal bonds or other obligations, budgeting of current funds, the levy of taxes or special assessments, or by any combination of these means pursuant to or in accordance with the provisions of chapters 21-03, 40-22 to 40-27, 40-35, 40-40, and 40-57, and all other applicable laws now in force or hereafter enacted.
4. Making a special assessment against any property directly benefited by the steam produced by the authority, as provided in section 40-33.1-15.
Cite this article: FindLaw.com - North Dakota Century Code Title 40. Municipal Government § 40-33.1-04. Financing projects and facilities - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-40-municipal-government/nd-cent-code-sect-40-33-1-04/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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