11-9-30Methods of paying project costs.

Payment of project costs may be made by any of the following methods or by any combination of methods:

(1)    Payment by the municipality from the special fund of the district;

(2)    Payment out of the municipality's funds;

(3)    Payment out of the proceeds of the sale of municipal bonds issued by the municipality under chapter 10-52 or 10-52A, or both;

(4)    Payment out of the proceeds of revenue bonds issued by the municipality under chapter 9-54; or

(5)    Payment out of the proceeds of the sale of tax increment bonds issued by the municipality under this chapter.

Source: SL 1978, ch 91, § 20; SL 2011, ch 73, § 8; SL 2018, ch 70, § 31.