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Allotment of funds by Federal agency required before delivery of bonds.

Memphis Charter, art. 78, § 890
in effect
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Sec. 890. - Allotment of funds by Federal agency required before delivery of bonds. No bonds shall be delivered under this Act unless a Federal agency has made an allotment of funds to aid by way of loan or grant or both (or has entered into an agreement to make such loan or grant or both) the construction of the public works project for which such bonds are to be issued. (Priv. Acts 1935, ch. 108, § 23, 1st Spec. Sess.)
Source: City of Memphis, Code of Ordinances and Charter and Related Laws (Municode Library, library.municode.com)URL: https://library.municode.com/tn/memphis/codes/charter?nodeId=PTICHRELA_ART78PUWOAC_S890ALFUFEAGREBEDEBOFetched: 10/28/2026

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890 | Corpus