Indiana Code 13-21-7-9. Special tax on real property
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Sec. 9. (a) For the purpose of raising money to pay waste management district bonds issued under this chapter or IC 13-9.5-9-3 (before its repeal), the board shall levy each year a special tax upon all the real property of the district in the amount and the manner necessary to meet and pay the following:
(2) All accruing interest on the bonds.
(1) The principal of the waste management district bonds as the bonds severally mature.
Terms Used In Indiana Code 13-21-7-9
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(b) The tax constitutes the amount of benefits resulting to all of the property in the district.
[Pre-1996 Recodification Citation: 13-9.5-9-3(h).]
As added by P.L.1-1996, SEC.11.