Municipalities issuing bonds under this chapter, the principal or interest of which are not to be paid out of funds created from service charges as provided in this chapter, may raise such sum annually by taxation as the governing body or the respective governing bodies may deem necessary to pay the interest on such bonds and to create a sinking fund to pay the principal thereof as it falls due, but the amounts so raised shall not exceed in amount the limitations provided in chapter 21-03.
40-34-15. Agreements between municipalities within and without state - Acquiring property - Erecting dams - Use of waters - Eminent domain. If it is deemed expedient for the safety and health of the people, municipalities of this state may enter into agreements with each other, or jointly or severally with governmental agencies or municipalities outside the state, to erect and maintain intercepting sewers and sewage treatment plants, or may enter into contracts with governmental agencies or municipalities outside the state to furnish to such extraterritorial agencies or municipalities sewage disposal for such compensation and upon such terms and conditions as the parties under such agreement may stipulate. Whenever it shall be convenient or necessary as determined by a majority vote of the governing body or the respective governing bodies of such governmental agencies or municipalities, they may acquire, purchase, own, or maintain lands and personal property within or without this state and may improve the same and erect structures thereon, including dams and damsites. If the governing body of a municipality or the respective governing bodies of municipalities shall determine to do so by a resolution adopted by a majority vote thereof, such municipalities may erect dams upon streams, watercourses, or other bodies of water located within or without this state, or constituting in whole or in part the boundary waters of this state, and may alter or improve the bed, banks, or courses of such streams, watercourses, or bodies of water. In the enjoyment of such power, municipalities may purchase and hold property within and without this state and, subject to chapter 32-15, may exercise the right of eminent domain as provided by the laws of this state, and may enter into contracts and engagements with persons, firms, corporations, limited liability companies, or with municipalities or governmental agencies located without this state for like purposes.
40-34-16. Contractual relationship between municipalities - Approval - Operating as an independent enterprise. Whenever governmental agencies or municipalities desire to act under the provisions of this chapter, the relationship established between them shall be fixed by contract. Such contracts may be made by governmental agencies and municipalities under the provisions of this chapter in the manner and to the extent that natural persons may make contracts for like purposes, subject only to the limitations provided by this chapter. Such contracts, before becoming operative, shall be approved by a vote of the majority of the members of each of the respective governing bodies of the municipalities or governmental agencies operating under the provisions of this chapter. If any municipality desires to act under the provisions of this chapter without establishing a relationship with another municipality or agency, it may proceed as a separate and independent enterprise.
40-34-17. Municipality which authorized bond issue prior to March 3, 1933, may finance under this chapter. Any municipality, which has obtained authority prior to March 3, 1933, to issue and sell bonds for the construction and installation of any of the improvements mentioned in this chapter may defray the cost of such improvements entirely out of the proceeds of the sale of such bonds, or it may defray the cost of such improvement in part out of the proceeds of the sale of such general liability bonds and in part out of the proceeds of the sale of mortgage bonds as provided in this chapter, except that the mortgage indebtedness upon such improvement, when the same is created originally, shall not exceed three-fifths of the total cost of such improvement. Bonds issued under this section which are a general liability of the municipality shall not be issued except upon a vote of the people as provided in chapter 21-03.