Modesto |
Code of Ordinances |
Title 8. FINANCE, REVENUE AND TAXATION |
Chapter 5. ECONOMIC DEVELOPMENT REVENUE BOND LAW |
Article 3. Bonds |
§ 8-5.301. Issuance of Bonds.
Latest version.
The City is hereby authorized to issue bonds, from time to time, in such series and amounts as are determined by the Council to be necessary or appropriate to provide for the costs of facilities approved by the Council. Bonds shall be negotiable instruments for all purposes, subject only to the provisions of such bonds for registration.
(Added by Ord. 2551-C.S., § 1, effective 11-19-87)