The Vermont Statutes Online
The statutes were updated in November, 2018, and contain all actions of the
2018 legislative session.
Subchapter 011 : INDEBTEDNESS; SINKING FUND; BONDS AND NOTES FOR IMPROVEMENTS(Cite as: 24 App. V.S.A. ch. 5, § 1111)
§ 5-1111. Specifications
The City Council shall approve the rate of interest, the date, the denominations, the time and place of payment, and the form of such bonds or notes. The City Council may provide that the bonds or notes be sold on a competitive bid basis or by negotiated sale. (Amended 2013, No. M-19 (Adj. Sess.), § 2, eff. May 20, 2014.)