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 |
§ 8-8.202. Authorization of Bonds.
Latest version.
The City may issue its bonds for the purpose of financing or otherwise assisting the acquisition of all or any portion of the enterprise as authorized by this chapter. Every issue of bonds shall be a limited obligation of the City, payable solely from all or any part of the revenues.
(Added by Ord. 3069-C.S., § 1, effective 12-4-97)