Section 34A-16-29 - Issuance of bonds to pay for closure, postclosure, and contingency costs for responsesto releases from facilities or to refund outstanding bonds.
34A-16-29. Issuance of bonds to pay for closure, postclosure, and contingency costs for responses to releases from facilities or to refund outstanding bonds. Any county or municipality, by resolution, may authorize the issuance of bonds to provide funds for the closure, postclosure, and contingency costs for solid waste facilities, for responses to releases from solid waste facilities or for refunding any outstanding bonds issued for any such purpose, and may pledge to the payment of the bonds and the interest thereon, its full faith, credit and taxing powers, or the proceeds of any designated tax levies, or any combination thereof. The bonds shall be issued and sold in accordance with the provisions of chapter 6-8B, but no election is required to authorize the issuance of bonds under this section.
Source: SL 1993, ch 259, § 31.