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§ 59-3-1. General municipal powers

The corporate authorities of any municipality in which there is situated, wholly or partially within its boundaries, a harbor that is a port of entry, shall have the following power and authority: to construct all needful improvements in such harbor, including the deepening of any part of said harbor, and/or extending, enlarging and adding to […]

§ 59-3-13. Disposition of proceeds of bonds; penalty for diversion

The proceeds of any bonds issued under authority of Sections 59-3-1 through 59-3-13, shall be placed in the municipal treasury or depository, if there be one, as a special fund and shall be used for no other purpose than the purpose set forth in the original resolution of the corporate authorities of such municipality, and […]

§ 59-3-3. Issuance of bonds authorized

The corporate authorities referred to in Section 59-3-1 are authorized to issue bonds or other obligations of the municipality for any or all of the purposes enumerated and authorized under Section 59-3-1. The conditions of the sale of said bonds shall be fixed by the said corporate authorities.

§ 59-3-7. Conduct of election on issuance of bonds

Before issuing bonds authorized by Section 59-3-3 the corporate authorities shall by resolution spread upon their minutes, declare their intention of issuing said bonds, fixing in such resolution the maximum amount thereof, and the purpose for which they are to be issued, and where an election is required shall fix in such resolution a date […]