§ 4.50.170. Validity of bonds.

Latest version.

The validity of any bonds shall not be dependent on or affected in any way by any proceedings taken by the city for acquisition, construction, or completion of any properties or projects for which the bonds are to be issued or any contracts made in connection with the acquisition, construction, or operation of any such properties. The bonds shall be incontestable and shall by their issuance and delivery conclusively establish the due performance of all conditions precedent to their issue.

(Ord. 12624 § 1 (part), 2004)

                    
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