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Searching 2017-2018 Session

The Vermont Statutes Online

Title 24 Appendix : Municipal Charters

Chapter 005 : CITY OF MONTPELIER

Subchapter 011 : INDEBTEDNESS; SINKING FUND; BONDS AND NOTES FOR IMPROVEMENTS

(Cite as: 24 App. V.S.A. ch. 5, § 1119)
  • § 5-1119. Temporary loans in anticipation of taxes and for current expenses

    The City Council shall have the authority to borrow in anticipation of the receipt of taxes and other revenue, in anticipation of the receipt of grants, in anticipation of the issuance of bonds, and for current expenses as provided by the general law, including 24 V.S.A. §§ 1773 and 1786, as may be amended from time to time. (Amended 2013, No. M-19 (Adj. Sess.), § 2, eff. May 20, 2014.)