§ 23. Assessment Roll Basis for Loan.

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In borrowing said sums and making and issuing said promissory notes, the governing authority of the City of Orlando may use the assessment roll for the preceding year to ascertain the anticipated revenue, and the basis for borrowing said sums, and issuing said notes; nor in the event the current assessment roll is available, that is, completed, same may be used as a basis for making said loan and issuing said notes.

(Laws of Fla. ch. 14265(1929), § 3)

                    
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