§ 14-95-502 - Financing.
14-95-502. Financing.
(a) To finance the cost of the program, the governing body of each municipality shall adopt a resolution pledging the urban service district's service charges, or a portion thereof, to finance the program compiled for the district.
(b) The resolution shall specify:
(1) The district's projected revenues;
(2) The projected costs of the program; and
(3) The period of time for which the district's revenues shall be obligated.