West Virginia Code
Article 20. Combined Systems
§8-20-6. Bonds Payable Solely From Revenues; Not to Constitute Municipal Indebtedness

Bonds issued under the provisions of this article shall be payable solely from the revenues derived from the combined system, and the bonds may not in any event constitute an indebtedness of such municipality within the meaning of any Constitutional or statutory provision or limitation and it shall be plainly stated on the face of each bond that the same has been issued under the provisions of this article, and that it does not constitute an indebtedness of the municipality within any Constitutional or statutory provision or limitation. The ordinance authorizing the issuance of the bonds may contain such covenants and restrictions upon the issuance of additional revenue bonds thereafter as may be considered necessary or advisable for the assurance of payment of the bonds thereby authorized and as may thereafter be issued.

Structure West Virginia Code

West Virginia Code

Chapter 8. Municipal Corporations

Article 20. Combined Systems

§8-20-1. Acquisition and Operation of Combined Waterworks and Sewerage Systems; Extension Beyond Corporate Limits; Definitions

§8-20-1a. Acquisition and Operation of Combined Systems; Extension Beyond Corporate Limits; Definitions

§8-20-1b. Cooperation With Other Governmental Units

§8-20-1c. Severance of Combined System

§8-20-2. Right of Eminent Domain; Limitations

§8-20-3. Ordinance Describing Project; Contents

§8-20-4. Publication of Abstract of Ordinance and Notice; Hearing

§8-20-5. Amount, Negotiability and Execution of Bonds; Refund of Outstanding Obligations or Securities by Sale or Exchange of Bonds

§8-20-6. Bonds Payable Solely From Revenues; Not to Constitute Municipal Indebtedness

§8-20-7. Lien of Bondholders

§8-20-8. Covenants With Bondholders

§8-20-9. Operating Contract

§8-20-10. Power and Authority of Municipality to Enact Ordinances and Make Rules and Fix Rates, Fees, or Charges; Deposit Required for New Customers; Change in Rates, Fees, or Charges; Failure to Cure Delinquency; Delinquent Rates, Discontinuance of...

§8-20-11. Discontinuance of Water Service for Nonpayment of Rates or Charges

§8-20-11a. Governmental Entities Subject to Established Rates

§8-20-12. Use of Revenues; Sinking Fund

§8-20-13. System of Accounts; Audit

§8-20-14. Repair and Maintenance of Municipal Sewerage System Outside Corporate Limits

§8-20-15. Protection and Enforcement of Rights of Bondholders, etc.; Receivership

§8-20-16. Grants, Loans and Advances

§8-20-17. Additional and Alternative Method for Constructing, etc., and Financing Combined System; Cumulative Authority

§8-20-18. Alternative Procedure for Acquisition, Construction, etc., of Combined System

§8-20-19. Article to Be Liberally Construed