§ 1-201. Approval by Board of Estimate and Taxation of borrowed sums.

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No such borrowing shall be made by the Mayor and Council, nor shall any note or notes be issued as aforesaid, until the amount and purpose thereof shall be approved by the Board of Estimate and Taxation of said city at a meeting duly called and held therefor.

(Sp. Laws 1929, No. 101, § 2.)

                    
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