Const 1963, art 9, § 13;
Public bodies corporate shall have power to borrow money and to issue their securities evidencing debt, subject to this constitution and law.
The board of supervisors of any county may in any one year levy a tax of one-tenth of one mill on the assessed valuation of said county for the construction or repair of public buildings or bridges, or may borrow an equal sum for such purposes; and, in any county where the assessed valuation is less than ten million dollars, the board may levy a tax or borrow for such purposes to the amount of one thousand dollars; but no greater sum shall be raised for such purposes in any county in any one year, unless submitted to the electors of the county and approved by a majority of those voting thereon.
Any drainage district, established under provision of law, may issue bonds for drainage purposes within such district.
When a city or village is authorized to acquire or operate any public utility, it may issue mortgage bonds therefor beyond the general limit of bonded indebtedness prescribed by law: Provided, That such mortgage bonds issued beyond the general limit of bonded indebtedness prescribed by law shall not impose any liability upon such city or village, but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of foreclosure, the purchaser may operate the same, which franchise shall in no case extend for a longer period than twenty years from the date of the sale of such utility and franchise on foreclosure.Public bodies corporate shall have power to borrow money and to issue their securities evidencing debt, subject to this constitution and law.
Const 1908, art 8, § 15a;
Any drainage district, established under provision of law, may issue bonds for drainage purposes within such district.
Const 1908, art 8, § 15a;
Any drainage district, established under provision of law, may issue bonds for drainage purposes within such district.
Const 1908, art 8, § 15a;
Any county in this State may issue bonds to raise money for the construction of drains and the development and improvement of agricultural lands within the county, under such conditions as shall be prescribed by law.
Const 1908, art 8, §§ 10, 20, & 24;
§ 10: The board of supervisors of any county may in any one year levy a tax of one-tenth of one mill on the assessed valuation of said county for the construction or repair of public buildings or bridges, or may borrow an equal sum for such purposes; and, in any county where the assessed valuation is less than ten million dollars, the board may levy a tax or borrow for such purposes to the amount of one thousand dollars; but no greater sum shall be raised for such purposes in any county in any one year, unless submitted to the electors of the county and approved by a majority of those voting thereon.
§ 20: The legislature shall provide by a general law for the incorporation of cities, and by a general law for the incorporation of villages; such general laws shall limit their rate of taxation for municipal purposes, and restrict their powers of borrowing money and contracting debts.
§ 24: When a city or village is authorized to acquire or operate any public utility, it may issue mortgage bonds therefor beyond the general limit of bonded indebtedness prescribed by law: Provided, That such mortgage bonds issued beyond the general limit of bonded indebtedness prescribed by law shall not impose any liability upon such city or village, but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of foreclosure, the purchaser may operate the same, which franchise shall in no case extend for a longer period than twenty years from the date of the sale of such utility and franchise on foreclosure.
See also: Const 1963, art 7, § 21
§ 10: The board of supervisors of any county may
borrow or raise by tax one thousand dollarsin any one year levy a tax of one-tenth of one mill on the assessed valuation of said county,forconstructing or repairingthe construction or repair of public buildings, highwaysor bridges, or may borrow an equal sum for such purposes; and, in any county where the assessed valuation is less than ten million dollars, the board may levy a tax or borrow for such purposes to the amount of one thousand dollars; but no greater sum shall beborrowed orraisedby taxfor suchpurposepurposes in any county in any one year, unlessauthorized by a majority ofsubmitted to the electors ofsuchthe county and approved by a majority of those voting thereon.§ 20:
The Legislature may confer upon organized townships, incorporated cities and villages, and upon the board of supervisors of the several counties, such powers of a local, legislative and administrative character as they may deem proper.The legislature shall provide by a general law for the incorporation
and organizationof cities, and by a general law for the incorporation of villages; such general laws shall limit their rate of taxation for municipal purposes, andshallrestrict their powers oftaxation,borrowing money,and contracting debtsand loaning their credit.§ 24: When a city or village is authorized to acquire or operate any public utility, it may issue mortgage bonds therefor beyond the general limit of bonded indebtedness prescribed by law: Provided, That such mortgage bonds issued beyond the general limit of bonded indebtedness prescribed by law shall not impose any liability upon such city or village, but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of foreclosure, the purchaser may operate the same, which franchise shall in no case extend for a longer period than twenty years from the date of the sale of such utility and franchise on foreclosure.
See also: Const 1963, art 7, § 21
Const 1874, art 10, §§ 3 & 14;
§ 3: The board of supervisors of any county may, by a vote of two-thirds of their whole number, borrow or raise by tax a sum not exceeding in any one year one mill upon the dollar of the assessed valuation thereof, for constructing or repairing public buildings, highways, or bridges: Provided, The indebtedness of a county incurred under this section shall at no time exceed two mills upon a dollar of such assessed valuation, unless authorized by a majority of the electors of the county voting thereon, as shall be provided by law.
§ 14: Cities and villages shall hereafter be incorporated only under general laws, in which their powers of taxation, borrowing money, and contracting debts, shall be restricted.
See also: Const 1963, art 7, § 21, art 7, § 22, and art 7, § 26
§ 3: The board of supervisors of any county may, by a vote of two-thirds of their whole number, borrow or raise by tax a sum not exceeding in any one year one mill upon the dollar of the assessed valuation thereof
one thousand dollars, for constructing or repairing public buildings, highways, or bridges; but no greater sum shall be borrowed or raised by tax for such purpose in any one year: Provided, The indebtedness of a county incurred under this section shall at no time exceed two mills upon a dollar of such assessed valuation, unless authorized by a majority of the electors ofsuchthe county voting thereon, as shall be provided by law.§ 14:
The Legislature shall provide for the incorporation and organization of cities and villages, and shall restrict their powers of taxation, borrowing money, contracting debts and loaning their credit.Cities and villages shall hereafter be incorporated only under general laws, in which their powers of taxation, borrowing money, and contracting debts, shall be restricted.
See also: Const 1963, art 7, § 21, art 7, § 22, and art 7, § 26
Const 1850, art 10, § 9;
The board of supervisors of any county may borrow or raise by tax, two thousand dollars for constructing or repairing public buildings, highways or bridges; but no greater sum shall be borrowed or raised by tax for such purpose in any one year, unless authorized by a majority of the electors of such county voting thereon.
The board of supervisors of any county may borrow or raise by tax,
one thousand dollarstwo thousand dollars,for constructing or repairing public buildings, highways or bridges; but no greater sum shall be borrowed or raised by tax for such purpose in any one year, unless authorized by a majority of the electors of such county voting thereon.
Const 1868, art 14, § 10; art 16, § 1;
Art 14, § 10: The board of supervisors of any county may borrow, or raise by tax, a sum not exceeding one and one-half mill upon the dollar, of the assessed valuation thereof, for constructing or repairing public buildings, highways or bridges; but no greater sum shall be borrowed, or raised by tax, for such purpose, in any one year, unless authorized by a majority of the electors of such county voting thereon.
Art 16, § 1: The Legislature shall provide for the incorporation of cities and villages, and shall restrict their powers of taxation, borrowing money, contracting debts, and loaning their credit.
See also: Const 1963, art 7, § 21, art 7, § 22, and art 7, § 26
Art 14, § 10: The board of supervisors of any county may borrow, or raise by tax,
one thousand dollarsa sum not exceeding one and one-half mill upon the dollar, of the assessed valuation thereof, for constructing or repairing public buildings, highways or bridges; but no greater sum shall be borrowed, or raised by tax, for such purpose, in any one year, unless authorized by a majority of the electors of such county voting thereon.Art 16, § 1: The Legislature shall provide for the incorporation
and organizationof cities and villages, and shall restrict their powers of taxation, borrowing money, contracting debts, and loaning their credit.
See also: Const 1963, art 7, § 21, art 7, § 22, and art 7, § 26
Const 1850, art 10, § 9; art 15, § 13;
Art 10, § 9: The board of supervisors of any county may borrow or raise by tax one thousand dollars, for constructing or repairing public buildings, highways or bridges; but no greater sum shall be borrowed or raised by tax for such purpose in any one year, unless authorized by a majority of the electors of such county voting thereon.
Art 15, § 13: The Legislature shall provide for the incorporation and organization of cities and villages, and shall restrict their powers of taxation, borrowing money, contracting debts and loaning their credit.
See also: Const 1963, art 7, § 21, art 7, § 22, and art 7, § 26
