§ 9-11-104. Contents of bond order.

TN Code § 9-11-104 (2019) (N/A)
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(1) A brief description of the indebtedness to be funded or refunded sufficient to identify such indebtedness, and the amount of redemption premium, if any, to be paid upon bonds refunded and the amount of expenses, if any, to be paid from the proceeds of bonds;

(2) The maximum aggregate principal amount of bonds to be issued;

(3) That a tax sufficient to pay the principal of and interest on the bonds shall be annually levied upon all taxable property in the unit; and

(4) That the bond order shall take effect upon its passage and shall not be submitted to the voters of the unit.