24 V.S.A. App. ch. 247, § 1406: Public utility financing

The Village may, by action of the Board of Trustees, in lieu of the issuance of bonds of levy of taxes and in addition to any other lawful means or methods of providing for the payment of indebtedness, have the power by and through the Board of Trustees to provide for and secure the payment of all or a part of the cost of any public utility pursuant to the provisions of 24 V.S.A. chapter 53, subchapter 2, or as hereafter amended.