15-713 Curbing gutter bonds.

15-713. Curbing gutter bonds.To pay the cost of curbing and guttering public ways the council may issue bonds called curbing gutter bonds, district No. ......, payable in not over twenty years or at the option of the city at any interest-paying date, and assess the cost, not exceeding the special benefits, on abutting property, said assessments to become due, delinquent, draw interest, be subject to like penalty and collected as other special taxes, and shall constitute a sinking fund for the payment of such bonds. No paving bonds and no curbing gutter bonds shall be sold or delivered until necessary to make payments for work done on such improvements. SourceLaws 1901, c. 16, § 97, p. 107; Laws 1905, c. 16, § 9, p. 210; Laws 1913, c. 5, § 4, p. 60; R.S.1913, § 4524; Laws 1915, c. 82, § 1, p. 210; Laws 1917, c. 94, § 1, p. 251; C.S.1922, § 3910; C.S.1929, § 15-703; R.S.1943, § 15-713; Laws 1969, c. 51, § 24, p. 287.