Indiana Code § 36-9-29-24

Bonds for replacement, enlargement, extension, or construction of additional works; costs exceeding amount available
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Sec. 24. If the flood control board finds that: (1) it is necessary to replace, enlarge, or extend any part of the flood control works or construct additional works in order to protect the district properly; and (2) the cost of the replacement, enlargement, extension, or construction will exceed the amount then available out of current maintenance and repair funds; the board may issue bonds under section 23 of this chapter for that purpose. However, the board must first comply with sections 18, 19, and 20 of this chapter. [Pre-Local Government Recodification Citation: 19-4-18-14 part.]

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