Payment of project costs may be made by any of the following methods or by any combination of methods:

1. (1) Payment by the political subdivision from the special fund of the district;
2. (2) Payment out of the funds of the political subdivision;
3. (3) Payment out of the proceeds of the sale of municipal bonds issued by the municipality under chapter 10-52 or 10-52A, or both;
4. (4) Payment out of the proceeds of revenue bonds issued by the political subdivision under chapter 9-54; or
5. (5) Payment out of the proceeds of the sale of tax increment bonds issued by the political subdivision under this chapter.

Source: SL 1978, ch 91 , § 20; SL 2011, ch 73 , § 8; SL 2018, ch 70 , § 31; SL 2024, ch 45 , § 12.