TOWNS, CITIES, VILLAGE DISTRICTS, AND UNINCORPORATED PLACES
SPECIAL ASSESSMENT DISTRICTS
I. Consistent with the provisions of this chapter, any town or city may establish special assessment districts for a part of the area of the town or city, within which may be provided public facilities and services from funds derived from service charges, special assessments, or other charges within the special assessment district.
II. For the purpose of providing public facilities and services within any special assessment district, the town or city may levy and collect service charges, special assessments, or other charges within the district, and borrow and expend money, and issue bonds, notes, and other obligations of indebtedness, which powers shall be exercised in the manner and subject to the limitations provided by this chapter and by the general laws of the state.
III. The provisions of this chapter shall not affect or limit any other provisions of law authorizing or providing for the furnishing of public facilities and services or the raising of revenue for these purposes. A town or city may use the provisions of this chapter instead of, or in conjunction with, any other method of financing part or all of the cost of providing the public facilities and services authorized under this chapter.
Source. 2015, 240:2, eff. Sept. 11, 2015.