§ 2-487. Special assessment "B" bonds.

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As an alternative to any other financing method, the Common Council may provide for the payment of the initial cost of any public improvement from the proceeds of special assessment "B" bonds issued under Wis. Stats. § 66.0713. Special assessments to retire such bonds and pay the interest thereon shall be levied under Wis. Stats. § 66.0703, payable in such installments at a rate to be determined by the Council based upon borrowed money rates at the time of the special assessment.

(Code 1991, § 3-2-14)

                    
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