11-9-30. Methods of paying project costs.
Payment of project costs may be made by any of the following methods or by any combination of methods:
(1)Payment by the municipality from the special fund of the district;
(2)Payment out of the municipality's funds;
(3)Payment out of the proceeds of the sale of municipal bonds issued by the municipality under chapter 10-52 or 10-52A, or both;
(4)Payment out of the proceeds of revenue bonds issued by the municipality under chapter 9-54; or
(5)Payment out of the proceeds of the sale of tax increment bonds issued by the municipality under this chapter.
Source: SL 1978, ch 91, §20; SL 2011, ch 73, §8; SL 2018, ch 70, §31.