7-14-4723. Advance payment of installments. The governing body may provide for receiving payment of the installments of the assessment before they become due and using the proceeds thereof in redeeming such bonds as may be presented for redemption by the owners thereof or for investing the proceeds in improvement bonds for other work or other satisfactory investment, but no investment of such funds shall be made so as to prejudice the prompt payment of the bonds on the date they become due.
History: En. 11-2214.3 by Sec. 4, Ch. 136, L. 1967; R.C.M. 1947, 11-2214.3(e).
Structure Montana Code Annotated
Part 47. Pedestrian Malls and Offstreet Parking Facilities
7-14-4701. Authority to establish pedestrian malls
7-14-4702. Control of traffic on pedestrian malls
7-14-4703. Provision for payment of damages due to creation of pedestrian mall
7-14-4704. Construction of improvements related to pedestrian malls
7-14-4705. through 7-14-4710 reserved
7-14-4712. Procedure upon receipt of petition from all property owners within proposed district
7-14-4713. Estimates of expenses -- tax levy
7-14-4714. Manner of financing district for pedestrian mall or offstreet parking
7-14-4716. Procedure to issue bonds
7-14-4717. List of unpaid assessments
7-14-4718. Removal of property from list
7-14-4719. Presentation of list to governing body -- issuance of bonds
7-14-4721. Assessments converted to bond liability
7-14-4722. Treatment of installments due on bonds
7-14-4723. Advance payment of installments
7-14-4724. through 7-14-4730 reserved
7-14-4731. Authorization for improvement districts to lease and operate offstreet parking facilities
7-14-4732. Procedure upon receipt of petition for creation of offstreet parking district
7-14-4733. Authority to enter lease agreements
7-14-4734. Expense estimate -- assessments and tax levy
7-14-4735. Prohibition on issuance of improvement bonds
7-14-4736. Participation by municipality
7-14-4737. Deletion of territory from offstreet parking district