BLAIR LEE III, Acting Governor                         1999

officer before the delivery of [such] THE bonds, [such] THE

signature or [such] THE facsimile shall nevertheless be

valid and sufficient for all purposes the same as if he had
remained in office until [such] delivery.

(k) The authority is further authorized to provide by
resolution for the issuance of a single issue of its
[revenue] bonds for the combined purposes of: (1) paying
the cost of any improvement, extension, enlargement or
reconstruction of any of its existing projects; and (2)
refunding its [revenue] bonds which shall theretofore have
been issued for the purpose of providing funds for the cost
of [such] projects which shall then be outstanding and which
shall then have matured or be subject to redemption or can
be acquired for retirements.

29-13.

The authority [is hereby authorized, in its discretion,
to] MAY secure any revenue bonds, MORTGAGES, certificates or
other evidence of indebtedness issued to provide funds for
the purchase, acquisition, construction or improvement of
any project or projects by a trust indenture by and between
the authority and a corporate trustee, which may be any
trust company or bank having the powers of a trust company
within or outside the state. At any one time, the authority
may, in its discretion, be a party to one or more [of such]
trust indentures, if revenue bonds have been issued to
finance more than a single project as defined in this title.
[Such] THE trust indenture or indentures may pledge or
assign all revenues to be received from any [projects]
PROJECT or projects, [but shall not convey or mortgage the
project or any part thereof, except that the authority may
mortgage any parking facilities, as such facilities are
defined in section 29-1 of this Code, or any part thereof to
further secure any revenue bonds, certificates or other
evidences of indebtedness issued to provide funds for the
purchase, acquisition, construction or improvement of any
such parking facilities.] Either the resolution providing
for the issuance of revenue bonds or [such] THE trust
indenture or indentures may contain [such] ANY provisions
for protecting and enforcing the rights and remedies of the
bondholders as may be reasonable and proper, not in
violation of law, including covenants setting forth the
duties of the authority in relation to the construction,
acquisition, improvement, installation, maintenance,
operation, repair and insurance of any project or projects
and the custody, safeguarding and application of all moneys,
and may provide that any project or projects shall be
constructed and paid for under the supervision and approval
of consulting engineers employed or designated by the
authority and satisfactory to the trustee [appointed as
provided herein], and if none, the original purchasers of
the bonds [issued hereunder], [Such] THE trust indentures
may further provide that the security given by contractors
and by any depository of the proceeds of the bonds or
revenues of any project or other moneys pertaining thereto,
be satisfactory to the trustee appointed as provided herein,