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<br /> <br />j :-, ') 0 <br />-~- <br />350 ~1 F. T R 0 POL I TAN W A T [R 0 1ST R leT <br /> <br />so taken over by the district, to the extent that the board of directors of the <br />district shall find that such expenditures have benefited such district, it heing <br />the intention of this provision to permit the district to purchase, and the city or <br />body, board, comm ission or officer thereof, to sell, such works or projects taken <br />over by such district, ant.!. for which such city, bod;y, boanl, commission or officer <br />thereof, has no further use or need. The sum so to be paid by such district to <br />such city or body, board, commi,;sion or officer thereof, shall be mutually agreed <br />upon, and if the expenses, for which slIch reimbursement is to be made by the <br />district, shall have been incurred by a body, board, commission or officer, of <br />the city, having control of the funds so expended, 01' to be expended. for such <br />expenses, then the district shall pay such sum to said body, board, commission <br />or officer, or if ordered so to do by such body, board, commission 01' officer. the <br />district shall pay such sum to the city. <br />As an alternative to the purchase and sale of any works ai' projects taken <br />over by the district, as hereinabove provided, any city. or body, board, commission <br />or officer thereof having control of funds, which shall have incurred expenses <br />for which such funds have been, or will be, expended in the investigation of or <br />preliminary work upon any such works or projects taken over by the district. <br />may certify the amount thereof, without interest, to the board of directors of <br />said district at any time within foul' (4) years from the date of the incorporation <br />of such district, or the incurring of such expenses, if such di~trict be already <br />incorporated, and if allowed by the board of directors, such amount shall be <br />credited to the city, which itself, or whose body, board, commission or officer. <br />incurred the same, and such expenditures shall be considered as a payment of <br />money made as herein provided for which deduction shall be made from the <br />amount of taxes which would otherwise be levied against property lying within <br />such city. <br />Any city which shall incur expenses in preliminary work in preparing for the <br />incorporation of or in the incorporation of an,y district hereunder likewise may <br />certify the amount thereof, without interest, to the board of directors of said <br />district at any time within four (4) years ham the date of the incorporation <br />of such district, and if allowed by the board of directors, such amount shall be <br />credited to the city incurring the same, anu shall be considered as a pa~'ment <br />of money made as herein provided, for which deduction shall be made from the <br />amount of taxes which would otherwise be levied against property I)'ing within <br />such city. <br />No such paym(mts of money made in avoidance of taxes or otherwise, 01' such <br />credit allowed by such board of directors, as hereinabove provided, shall apply <br />to reduce the amount of taxes which would otherwise be levied against the <br />property within such cities respectively, to meet interest and sinking fund re- <br />quirements on outstanding bonded indebtedness of such district, <br />Such certification and allowance shall be made on or before the first Monday <br />in July, and the amount of money to be raiRed by taxation shall be computed <br />with reference to the credit to be allowed as herein provided, but such credit <br />may, in the discretion of the board of directol's, be considered in connection <br />with the amount of money to be raised by the next tax levy, or mu)' be spread <br />over subsequent years, not to exceed five. <br />(i) If any city shall fail to comply with the terms of the order relating to <br />payments to be made to the district in lieu of taxation, or if any city annexed <br />to the district shall fail to comply \....ith the terms and conditions fixed by the <br />board of directors and upon which such annexation occurred, the amount of the <br />delinfJuency, plus a penalty of eight per cent shall be added to the taxes to be <br />collected during the en:;uing fiscal year, from the property within such delin- <br />quent city, and thereafter for a period of two (2) yea!'::; no order or ol'dinance <br />shall be sufficient to exempt the property in said city from taxation hereunder <br /> <br />1 <br />