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Current as of January 01, 2024 | Updated by FindLaw Staff
Bonds of a city of the metropolitan class shall not be issued without a vote of the electors in the manner provided for in sections 14-101 to 14-2004 except to finance the following which may be issued by the city council without such vote: (1) Street improvements, grading, renewal, or refunding; (2) police stations, not to exceed one hundred thousand dollars in any one year; (3) parks, not to exceed one hundred thousand dollars in any one year; (4) sewers, not to exceed five hundred thousand dollars in any one year; (5) public comfort stations, not to exceed fifty thousand dollars in any one year; (6) fire stations, not to exceed thirty thousand dollars in any one year; and (7) acquisition of existing utility systems or plants by condemnation proceedings.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 14. Cities of the Metropolitan Class § 14-527. Bonds; issuance; election required; exceptions - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-14-cities-of-the-metropolitan-class/ne-rev-st-sect-14-527/
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