The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
011
:
INDEBTEDNESS; SINKING FUND; BONDS AND NOTES FOR IMPROVEMENTS
(Cite as: 24 App. V.S.A. ch. 5, § 1111)
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§ 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.)