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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>55269</law_id><section_number>15.2-1909</section_number><catch_line>Such resolution to contain statement as to issuance of bonds</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="15.2">Counties, Cities and Towns</unit><unit label="subtitle" level="2" order_by="1" identifier="II">Powers of Local Government</unit><unit label="chapter" level="3" order_by="1" identifier="19.1">Acquisition of Waterworks Systems</unit></structure><text>
						<section><p>If in <span class="dictionary">order</span> to pay the amount fixed by the body determining just compensation it will be necessary for the <span class="dictionary">city</span> or <span class="dictionary">county</span> to <span class="dictionary">issue</span> and sell its <span class="dictionary">bonds</span>, such resolution filed shall so state, and shall further state that the <span class="dictionary">council</span> or other <span class="dictionary">governing body</span> proposes promptly to take the necessary and appropriate action required by <span class="dictionary">law</span> to <span class="dictionary">issue</span> and sell such <span class="dictionary">bonds</span> whenever authorized by &#xA7;&#xA0;<a class="law" title="Prerequisite to issuance and sale of bonds" href="/15.2-1910/">15.2-1910</a>.</p></section></text><history>1938, p. 48; Michie Code 1942, &#xA7; 4387a; Code 1950, &#xA7; 25-48; 2003, c. 940.</history><metadata></metadata></law>
