Sec. 3.
It shall be the duty of the common council of any city availing itself of the provisions of this act, from time to time, as it may be necessary, to levy and collect such sums of money as may be required to pay the principal and interest of any bonds or other evidences of indebtedness voted by such city under this act.
History: 1912, 1st Ex. Sess., Act 1, Imd. Eff. Mar. 8, 1912 ;-- CL 1915, 10878 ;-- CL 1929, 7083 ;-- CL 1948, 331.303
Structure Michigan Compiled Laws
Act 1 of 1912 (1st Ex. Sess.) - Detention Hospitals (331.301 - 331.305)
Section 331.301 - City Detention Hospital; Borrowing Power of City, Limitations.
Section 331.302 - Bond Issue; Payment of Principal and Interest; Referendum.
Section 331.303 - Bond Issue; Tax Levy for Payment.
Section 331.304 - Construction of Act as to City Charter Provisions.