South Carolina Code 6-21-140. Estimate of cost of system
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Terms Used In South Carolina Code 6-21-140
- borrower: as used in this chapter shall be construed to mean the municipality operating under this chapter. See South Carolina Code 6-21-10
- governing body: as used in this chapter shall be construed to mean, in the case of a county, the board of county commissioners or other like governing body thereof, in the case of a city or incorporated town, the board of commissioners, the mayor and council or other like governing body thereof and, in the case of a township, the board of county commissioners or other governing body of the county in which the township is located. See South Carolina Code 6-21-20
- system: as used in this chapter shall include all of the projects and undertakings referred to in § 6-21-50. See South Carolina Code 6-21-40
Whenever the governing body of any borrower shall determine to purchase, construct, improve, enlarge, extend or repair any system named in § 6-21-50 under the provisions of this chapter, it shall first cause an estimate to be made of the cost thereof and the fact that such estimate has been made and the amount thereof shall appear in the ordinance authorizing and providing for the issuance of the bonds.