The board may enter into any covenants deemed proper to provide for issuance of additional parity bonds and the priority and pledge of special taxes; and any other covenants that are customary or desirable in the issuance of any bonds payable out of special funds or that are necessary, convenient, or desirable to secure the bonds or tending to make them more marketable, subject to the provisions of the ordinance calling the bond election.
Cal. Pub. Util. Code § 105213
Authorization and Issuance of General Obligation Bonds
Known as the Sonoma-Marin Area Rail Transit District Act
The act spans §§ 105000–105337 (123 sections).
Added by Stats. 2002, Ch. 341, Sec. 4
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.