                                 CODE OF VIRGINIA

TAX TO PAY PRINCIPAL AND INTEREST (§ 15.2-2624)

Notwithstanding any other provision of law or any charter provision, the
governing body is authorized and required to levy and collect annually, at the
same time and in the same manner as other taxes of the locality are assessed,
levied and collected, a tax upon all taxable property within the locality, over
and above all other taxes, authorized or limited by law and without limitation
as to rate or amount, sufficient to pay when due the principal of and premium,
if any, and interest on any general obligation bonds of the locality issued
under the provisions of this chapter to the extent other funds of the locality
are not lawfully available and appropriated for such purpose.

HISTORY: 1991, c. 668, § 15.1-227.25; 1997, c. 587.