Missouri Revised Statutes
Chapter 77
Third Class Cities
←77.170
Section 77.180.1
77.190→
August 28, 2015
Election to be held for issuance of bonds.
77.180. Before any such bonds shall be issued the mayor and council
shall, by ordinance, provide that said bonds shall be issued, which said
ordinance shall fix the maximum amount of said bonds and in a general way the
purposes for which said money shall be expended and shall submit the question
to issue bonds to the voters of the city. The ballots shall state the
maximum amount of bonds proposed to be issued and the fact that such bonds
are not to be payable from taxation and will not be a debt of said city and
the general purpose for which they are to be issued. If the majority of
voters voting on the question assent, the mayor and city council may, by
ordinance, cause such bonds of such municipality not exceeding the maximum
amount submitted to the voters to be issued for the purpose set out in said
ordinance and secure the same as herein provided.
(RSMo 1939 § 7048, A.L. 1978 H.B. 971)
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