Volume 793, Page 4010 View pdf image |
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S.B. 848 VETOES OF FINANCING ACQUISITION, CONSTRUCTION, RENOVATION, AND RELATED (2) The bonds of any issue shall be payable solely from the property or (i) Taxes, fees, charges, or other revenues payable to the Authority; (ii) Payments by financial institutions, insurance companies, or others (iii) Investment earnings from funds or accounts maintained pursuant (iv) Proceeds of refunding bonds; and (v) Any other source authorized by law. (3) Bonds shall be authorized by a resolution of the Authority and may be (i) Be issued at, above, or below par value, for cash or other valuable (ii)' Bear interest at the fixed or variable rate or rates determined by (iii) Be payable at a time or times, in the denominations and form, (iv) Be deemed a "security" within the meaning of § 8-102 of the (v) Be payable in lawful money of the United States at a designated (vi) Be subject to the terms of purchase, payment, redemption, (vii) Be executed by the manual or facsimile signatures of the officers of - 4010 -
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Volume 793, Page 4010 View pdf image |
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