§ 26-21.5. Sale of Bonds.

Latest version.

When any bonds issued hereunder are to be sold, they may be sold by the Council as it shall determine. The proceeds of such sale shall be placed in the City Treasury to the credit of the fund for which they had been issued, and shall be applied exclusively to the purposes and objects thereof.

(Ord. No. 941 N.S.)

                    
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