Modesto |
Code of Ordinances |
Title 8. FINANCE, REVENUE AND TAXATION |
Chapter 8. CITY OF MODESTO WATER FACILITIES REVENUE BOND LAW |
Article 2. Issuance of Bonds to Finance the Enterprise |
§ 8-8.201. General Powers.
The City authorized and empowered:
(a)
To issue bonds for the purpose of financing or otherwise assisting the acquisition of enterprises authorized by this chapter and for the purpose of issuing funding or refunding bonds;
(b)
To establish the terms and conditions for the financing of any component of the enterprise undertaken pursuant to this chapter;
(c)
To employ or contract for such legal, consultant, underwriting, economic feasibility, or other services in connection with the financing of the enterprise or any portion thereof, as may be necessary in the judgment of the City Council for the successful financing of an enterprise and the issuance and sale of bonds;
(d)
In addition to all other powers specifically granted in this chapter, to do all things necessary or convenient to carry out the purposes of this chapter.
(Added by Ord. 3069-C.S., § 1, effective 12-4-97)