Sec. 1073.251. IMPOSITION OF AD VALOREM TAX. (a) The board may impose a tax on all property in the district subject to district taxation. (b) The board may impose the tax to: (1) pay the interest on and create a sinking fund for bonds and other obligations issued or assumed by the district for hospital purposes; (2) provide for the operation and maintenance of the district and hospital system; (3) make improvements and additions to the hospital system; and (4) acquire necessary sites for the hospital system by purchase, lease, or condemnation. (c) The board may not impose a tax to pay the principal of or interest on revenue bonds.
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