Section 13-21-7-9 - Special tax on real property(a) For the purpose of raising money to pay waste management district bonds issued under this chapter or IC 13-9.5-9-3 (before its repeal), the board shall levy each year a special tax upon all the real property of the district in the amount and the manner necessary to meet and pay the following: (1) The principal of the waste management district bonds as the bonds severally mature.(2) All accruing interest on the bonds.(b) The tax constitutes the amount of benefits resulting to all of the property in the district.Pre-1996 Recodification Citation: 13-9.5-9-3(h).
As added by P.L. 1-1996, SEC.11.