Castle Rock |
Municipal Code |
CHARTER for the TOWN OF CASTLE ROCK, COLORADO |
Article X. Municipal Borrowing |
§ 10-2. Short-term Securities.
Latest version.
The Town may, by ordinance and without any election, borrow money in anticipation of the collection of taxes or other revenues and issue short-term notes or other securities to evidence the amount so borrowed. Any such short-term securities shall mature before the close of the fiscal year in which the money is so borrowed.