11-9-30. Methods 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 political subdivision from the special fund of the district;
(2) Payment out of the funds of the political subdivision;
(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 political subdivision under chapter 9-54; or
(5) Payment out of the proceeds of the sale of tax increment bonds issued by the political subdivision under this chapter.
Source: SL 1978, ch 91, § 20; SL 2011, ch 73, § 8; SL 2018, ch 70, § 31; SL 2024, ch 45, § 12.