§ 160A-313. Financing public enterprise.
§ 160A‑313. Financing public enterprise.
Subject to the restrictions, limitations, procedures, and regulationsotherwise provided by law, a city shall have full authority to finance the costof any public enterprise by levying taxes, borrowing money, and appropriatingany other revenues therefor, and by accepting and administering gifts andgrants from any source on behalf thereof. (1971, c. 698, s. 1.)