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Current as of January 01, 2024 | Updated by Findlaw Staff
The cost of purchasing, constructing, maintaining, and improving utilities under section 19-1401 may be defrayed by the levy of a tax of not to exceed three and five-tenths cents on each one hundred dollars upon the taxable value of all the taxable property in such city or village in any one year for a heating or lighting plant and of not to exceed two and one-tenth cents on each one hundred dollars upon the taxable value of all the taxable property in such city or village in any one year for an ice plant, or when such tax is insufficient for the purpose, the cost of such utilities may be defrayed by the issuance of bonds of the municipality.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 19. Cities and Villages; Laws Applicable to More Than One and Less Than All Classes § 19-1402. Municipal heat, light, and ice plants; cost; how defrayed - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-19-cities-and-villages-laws-applicable-to-more-than-one-and-less-than-all-classes/ne-rev-st-sect-19-1402/
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