§ 8-5.201. Loans for Facilities.

Latest version.

The City is hereby authorized to make, purchase, or otherwise contract for the making of, a mortgage or other secured or unsecured loan, with the proceeds of bonds and upon such terms and conditions as the City shall deem proper, to any participating party for the costs of a facility.

(Added by Ord. 2551-C.S., § 1, effective 11-19-87)

                    
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