For the purpose of this chapter a governing body may by resolution combine two or more projects, works, undertakings or systems into a combined system or enterprise. A governing body may also combine into one system or enterprise any existing project, work, undertaking or system with any proposed project, work, undertaking or system which such governing body shall have deemed to be related and the initial construction of the proposed project, work, undertaking or system shall, for all purposes of this chapter, be considered an improvement, extension or betterment of the existing enterprise. Governing bodies are specifically empowered to combine into one enterprise an existing waterworks system with a proposed sewer system and, for the purpose of this chapter, the initial construction of the sewer system shall be deemed an improvement, extension or betterment of the existing waterworks system.
HISTORY: 1962 Code Section 59-654; 1952 Code Section 59-654; 1942 Code Section 9287; 1937 (40) 313; 1940 (41) 1682.
Structure South Carolina Code of Laws
Chapter 17 - Revenue Bond Refinancing Act Of 1937
Section 6-17-40. Combination of projects.
Section 6-17-50. Refunding shall be authorized by resolution.
Section 6-17-60. Terms and form of refunding bonds.
Section 6-17-70. Provisions permissible in resolution authorizing issue of bonds.
Section 6-17-80. Exemption from certain taxes.
Section 6-17-90. Lien of bonds on revenues and other security.
Section 6-17-95. Municipalities providing hospital, nursing home, or care facilities; mortgages.
Section 6-17-100. Holders of refunding bonds may be given rights and remedies of owners.
Section 6-17-110. All refunding bonds shall be ratably secured.
Section 6-17-120. Liability of funds other than pledged revenue of municipality on refunding bonds.
Section 6-17-130. Execution by former officers shall be valid.
Section 6-17-150. Sale or exchange of bonds.
Section 6-17-160. Purposes for which refunding bonds may be exchanged; payment of accrued interest.
Section 6-17-170. Manner in which refunding bonds shall be sold.
Section 6-17-180. Duties of municipality and officers, agents and employees.
Section 6-17-190. Fiscal agent.
Section 6-17-200. Appointment of receiver of enterprise.
Section 6-17-210. Powers and duties of receiver.
Section 6-17-220. Receiver shall be subject to court orders.
Section 6-17-230. Receiver shall not sell or otherwise dispose of property.
Section 6-17-240. Discharge of receiver.
Section 6-17-250. Rights and remedies of holders of bonds.
Section 6-17-260. Remedies shall be cumulative.
Section 6-17-270. Effect of waiver or delay in invoking remedy.
Section 6-17-280. Effect of abandonment or loss of suit.
Section 6-17-290. Compliance with chapter shall be sufficient for issuance of bonds.
Section 6-17-300. Debts of municipality are not authorized.
Section 6-17-310. Existing rights shall not be impaired by chapter.
Section 6-17-320. Chapter is supplemental and shall be liberally construed.