Sec. 25. If the flood control district is unable to pay any bonds or the interest on them at the times fixed for payment, refunding bonds may be issued and sold under section 23 of this chapter to obtain money for that purpose. The refunding bonds are payable within the period fixed by the flood control board, which may not exceed ten (10) years.
[Pre-Local Government Recodification Citation: 19-4-18-14 part.]
As added by Acts 1981, P.L.309, SEC.105.
Structure Indiana Code
Article 9. Transportation and Public Works
Chapter 29. Flood Control Districts in Certain Cities
36-9-29-1. Application of Chapter
36-9-29-3. Declaratory Resolution; Adoption; Contents
36-9-29-4. Petition to Establish District; Procedure
36-9-29-6. Special Benefit District; Territory Included
36-9-29-7. Special Taxing District for Flood Control Purposes; Special Benefit Tax
36-9-29-9. Executive Secretary; Compensation; Bond; Duties
36-9-29-10. District Engineer; Duties; Compensation
36-9-29-11. Attorney; Duties; Compensation
36-9-29-12. Employees; Compensation; Duties
36-9-29-13. Employees; Term of Employment
36-9-29-14. County Treasurer; Duties
36-9-29-15. County Auditor; Duties
36-9-29-16. Federal Aid; Acceptance; Conditions
36-9-29-17. Use of Territory in Connection With Construction of Flood Control Works; Authorization
36-9-29-19. Acquisition of Property; Purchase, Contract, or Eminent Domain
36-9-29-20. Contracts; Letting Procedure
36-9-29-22. Loans for Preliminary Expenses; Sale of Warrants; Advancement of Funds
36-9-29-23. Bonds; Issuance; Amount; Sale Procedure
36-9-29-25. Refunding Bonds; Issuance; Payment
36-9-29-26. Bonds Issued and Their Interest Exempt From Taxation
36-9-29-27. Validity of Bonds Issued
36-9-29-28. Flood Control District Construction Fund
36-9-29-30. Special Benefit Tax Levy to Pay for Bonds; Flood Control District Bond Fund
36-9-29-32. Emergency Flood Control District Fund
36-9-29-33. Deposit of Funds of Flood Control District
36-9-29-34. Warrants Drawn for Items Approved by Board; Payments on Bonds and Interest Coupons
36-9-29-35. Pending Actions for Filing Further Petitions and for Making Further Orders
36-9-29-36. Jurisdiction of Court
36-9-29-37. Supplementary Proceedings to Cure Defects or Irregularities; Objections
36-9-29-38. Required Proceedings and Notices Under This Chapter