Michigan Laws 280.570 – Additional assessment; apportionment
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Terms Used In Michigan Laws 280.570
- board: shall be deemed to mean the water management board of a water management district. See Michigan Laws 280.551
If for any reason the original assessment shall not be sufficient to pay the principal and interest on bonds issued in anticipation of the collection thereof, then the board shall make such additional assessments therefor as may be necessary, apportioned as in the first instance, it being the intention hereof that the collections on assessments shall under all circumstances be sufficient to pay said principal and interest.