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Limited Purpose Local Government Entities - Other Entities | |
Special Service District Act | |
Section 504 | Pledge of revenues to pay for bonds. |
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17D-1-504. Pledge of revenues to pay for bonds. Bonds may be payable from and secured by the pledge of all or any specified part of: (1) the revenues to be derived by the special service district from providing its services and from the operation of its facilities and other properties; (2) sales and use taxes, property taxes, and other taxes; (3) federal, state, or local grants; (4) in the case of special assessment bonds, the special assessments pledged to repay the special assessment bonds; and (5) other money legally available to the special service district.
Enacted by Chapter 360, 2008 General Session |
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