The board shall determine and provide in the resolution laying the assessments, adopted in accordance with section ten of this article, the method of financing the cost of a project, for the cost of which assessments are levied as in this article provided, and such method may include the receipt of gifts, grants from any governmental agency or appropriations from the county or municipality in which the assessment district is located, or borrowing funds from any person or governmental agency, or any combination thereof: Provided, That any funds borrowed by an assessment district, including any interest accruing thereon, shall be repaid solely from the proceeds of the assessment certificates issued pursuant to section fifteen of this article and from the assessments evidenced thereby.
Structure West Virginia Code
Article 13B. Community Improvement Act
§16-13B-4. Determination of Need and Feasibility of Creating an Assessment District
§16-13B-6. Petition of Property Owners for Creation of Assessment District
§16-13B-9. Provisions for Construction of a Project
§16-13B-11. Construction of Projects; Assessments; Corner Lots, etc.
§16-13B-12. Apportionment and Assessment of Cost
§16-13B-14. Method of Paying for Cost of Project; How Assessments May Be Evidenced
§16-13B-16. No Liability of State, County, Municipality and Assessment District
§16-13B-17. Payment of Assessment Fees; Releases
§16-13B-18. Liens; Recording Notice of Liens; Suit for Enforcement; Priority
§16-13B-19. Reassessment for Void, Irregular or Omitted Assessments
§16-13B-20. How Additional Territory May Be Added to Assessment District
§16-13B-21. Operation and Maintenance of Wastewater and Water Projects; Rates and Charges Therefor