Nebraska Statutes 14-1231. Bridge commission; contracts; authorization of bonds required
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No contract for acquisition, construction, or incidents thereto, and no liabilities in connection with such contract shall be entered into or incurred by a bridge commission of a city of the metropolitan class until bonds to finance the project have been authorized by the electors of the city in the method provided in section 14-1251, or until revenue bonds, as authorized by section 14-1217, have been issued by the city council.
Source
- Laws 1929, c. 176, § 14, p. 625;
- C.S.1929, § 14-1214;
- Laws 1931, c. 27, § 3, p. 112;
- C.S.Supp.,1941, § 14-1214;
- R.S.1943, § 14-1231;
- Laws 2022, LB800, § 264.
Terms Used In Nebraska Statutes 14-1231
- Contract: A legal written agreement that becomes binding when signed.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.