§245. Municipal proceedings

Link to law: http://legislature.vermont.gov/statutes/section/10/012/00245
Published: 2015

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The Vermont Statutes Online



Title

10

:
Conservation and Development






Chapter

012

:
VERMONT ECONOMIC DEVELOPMENT AUTHORITY






Subchapter

004
:
ECONOMIC DEVELOPMENT REVENUE BONDS










 

§

245. Municipal proceedings

All actions of a

municipality in the exercise of its powers with respect to a project and the

financing thereof shall be authorized by resolution adopted by majority vote of

all of the members of its governing body. Unless otherwise provided in the

resolution, or in the city charter in the case of a city, each resolution shall

take effect upon its passage. The terms and details of any transaction may be

delegated by the governing body to those authorized by the governing body to

enter into the transaction on behalf of the municipality. (Added 1973, No. 197

(Adj. Sess.), § 1.)
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