Statutes, codes, and regulations
Missouri Revised Statutes
Title XV - LANDS, LEVEES, DRAINAGE, SEWERS AND PUBLIC WATER SUPPLYChapter 249 - Sewer Districts in Certain Counties
SEWAGE OR STORM WATER FACILITY IMPROVEMENT DISTRICT (Kansas City, and Clay, Platte, Greene, Boone and Jefferson Counties)
Section 249.955 - Amount of bonds and temporary notes, limitation not to exceed ten percent of assessed valuation of taxable tangible property

Mo. Rev. Stat. § 249.955

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Current with changes from the 2024 Legislative Session
Section 249.955 - Amount of bonds and temporary notes, limitation not to exceed ten percent of assessed valuation of taxable tangible property

The total amount of city or county general obligation bond indebtedness incurred for improvements under sections 249.925 to 249.955, including temporary notes issued pursuant to sections 249.925 to 249.955, shall not exceed ten percent of the assessed valuation of all taxable tangible property, as shown by the last completed property assessment for state or local purposes, within the district.

§ 249.955, RSMo

L. 1995 H.B. 88 § 19