MSD will implement a capital improvements program in accordance with the drainage master plan to be funded through revenue bond issues and service charges. With the exception of bond issues, MSD shall have complete authority to proceed with its plan of financing which may include the issuing of bonds, awarding of contracts, acquisition of property and construction of said projects that may be located in the drainage service area and district area, and no other approval will be required. MSD shall continue to proceed with all pending projects to the extent interim funding is available and may issue revenue bonds for financing projects in the capital improvement program, to the extent necessary but subject to the availability of funds.
(1994 Jeff. Code, § 32.036) (Jeff. Ord. 31-1986, adopted and effective 12-19-1986; Lou. Metro Am. Ord. No. 275-2007, approved 12-6-2007)
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