§ 4.54.080. Insurance or credit enhancement.  


Latest version.
  • The City may obtain insurance or other credit enhancement of the bonds and may enter into any credit, reimbursement agreement or other agreement with any person or entity. The agreement shall contain the terms of the credit, reimbursement, interest rate, security, and any other terms the City deems necessary or appropriate.

(Ord. No. 13403, § 2, 11-29-2016)