Nothing in this article contained shall be so construed as to authorize or permit any municipality to make any contract or to incur any obligation of any kind or nature except such as shall be payable solely from the funds provided under this article. Funds for the payment of the entire cost of any of the works referred to in this article, exclusive of any portions of the cost that may be defrayed out of any grant or contribution, shall be provided by the issuance of revenue bonds of the municipality, the principal and interest of which shall be payable solely from the fund herein provided for the payment, and the bonds may not, in any respect, be a corporate indebtedness of the municipality, within the meaning of any statutory or Constitutional limitations thereon. All the details of the bonds shall be determined by ordinance or ordinances of the municipality.
Structure West Virginia Code
Article 13. Sewage Works and Stormwater Works
§16-13-1. Acquisition, Operation, etc., of Works; Acquisition of Property; Issuance of Bonds
§16-13-4. Payment of Preliminary Expenses of Surveys, etc.
§16-13-5. Ordinance Necessary Before Acquisition or Construction of Works
§16-13-6. Publication and Hearing Upon Ordinance
§16-13-7. Acquisition by Condemnation or Purchase
§16-13-9. Contracts and Obligations Incurred to Be Paid for Solely by Revenue Bonds
§16-13-11. Additional Bonds to Extend or Improve Works
§16-13-12. Additional Bonds for Extension, etc., of Works to Have Equal Priority With Original Bonds
§16-13-13. Application of Revenue From Bonds; Lien
§16-13-14. Securing Bonds by Trust Indenture
§16-13-15. Sinking Fund; Transfer of Balance of Net Revenues
§16-13-17. Government Units Subject to Established Rates
§16-13-18a. Publication of Financial Statement
§16-13-20. Discharge of Lien on Property Acquired
§16-13-21. Action on Certificates or Attached Coupons; Receivers
§16-13-22. Powers Conferred in Addition to Existing Powers; Jurisdiction Outside Corporate Limits
§16-13-22a. Grants, Loans and Advances
§16-13-22b. Contracts for Abatement of Pollution
§16-13-22d. Subordination of Bonds
§16-13-22e. Operating Contract
§16-13-22f. Exemption of Bonds From Taxation
§16-13-22g. Covenants With Bondholders
§16-13-23a. Additional Powers of Municipality to Cease Pollution