§ 4-3.5-165. Bond referendum.

Latest version.

In the event the board desires to pledge the MSTU's ad valorem tax to the retirement of debt issued for the purpose of financing the recommended street and drainage improvements, the board shall cause a bond referendum election to be held in accordance with applicable provision of general law. Upon approval at referendum, the board shall have all powers necessary to issue bonds in accordance with Florida law.

(Ord. No. 2015-051, § 5, 12-8-15)

                    
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