§ 10-05 — Submerged Lands

10-05. Submerged Lands.

Any city of the first class, however incorporated, is hereby authorized to issue bonds to be retired and paid by the two-tenths of a mill tax on each dollar of the assessed value of its taxable property, to be used by the board of park commissioners for the purpose for filling in and improving and maintaining as a public park or boulevard any strip of submerged land provided for in chapter 352 of the laws of 1913, as well as any tax provided for in chapter 254 of the laws of 1913 for the purpose of filling in, improving and maintaining submerged land, as well as the tax provided for in any other law for any such purpose, it being the purpose of this section that any such city shall be authorized to issue bonds on the strength of the said mill tax levies, which said bonds are to be retired and paid for by said tax levies. (S. 1, Ch. 111, L. 1915.)