§ 18-1802 Taxes to pay interest and principal of town highway bonds. The board of trustees of a village which has had or may hereafter have its boundaries extended when authorized by a majority vote of the electors thereof at a referendum duly called therein, in behalf of said village, may by contract with the town or towns in which said village lies agree to assume and pay that part of the town taxes to be levied in future years by such town or towns to pay principal and interest of obligations sold to improve and pave highways in said town or towns which taxes will, when levied, become a lien upon property in territory annexed to said village, and to the extent contracted for, the said taxes shall be collectible by the town or towns from said village and become a general village charge, and when said village shall have paid such part of said town taxes the property in the annexed territory subject to such levy shall be relieved from paying the part thereof paid by said village.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.