Manatee County |
Code of Ordinances |
Chapter 2-31. WATER, SEWERS AND SEWAGE DISPOSAL |
Article XI. UTILITY BOND ACT |
§ 2-31-321. Lien on revenues and special assessments.
All bonds issued pursuant to this act [article] shall have a lien upon the revenues derived from said utility system and such special assessments, to the extent and in the manner provided in the resolution authorizing the issuance of such bonds, which lien shall be prior and paramount and over and ahead of any claims or obligations of any nature against said revenues or special assessments subsequently arising or subsequently incurred, except as may be provided in the resolution or resolutions authorizing such bonds. The rank and priority of different issues of bonds issued by the county pursuant to this act [article] shall be as provided in the resolution or resolutions authorizing such bonds.
(Ord. No. 14-41, § 39, 10-7-14)