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Bonds; sinking fund; interest; levy.

Neb. Rev. Stat. § 17-969
in effect
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17-969. Bonds; sinking fund; interest; levy. The city council or village board of trustees shall each year until the bonds issued under the authority of section 17-967 be paid, levy upon the taxable property in the city of the second class or village, a tax sufficient to pay the interest and five percent of the principal as a sinking fund; and at the tax levy preceding the maturity of any such bonds, levy an amount sufficient to pay the principal and interest due on such bonds. Laws 1967, c. 33, § 5, p. 156; Laws 2017, LB133, § 300.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=17-969Fetched: 10/20/2026

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