(a) In conjunction with projects authorized by this chapter, the corporation may issue bonds, including bonds on which the principal and interest are payable
(1) exclusively from the income and revenue of the housing project financed with the proceeds of the bonds;
(2) exclusively from the income and revenue of designated housing projects whether or not they are financed in whole or in part with the proceeds of the bonds;
(3) from its revenue generally; or
(4) exclusively from rents collected on public buildings.
(b) Bonds authorized by (a) of this section may be additionally secured
(1) by a pledge of a grant or contribution from the federal government or from another source;
(2) by a pledge of income or revenue of the corporation; or
(3) by a mortgage of a housing project or other property of the corporation.
Section: Previous 18.55.090 18.55.100 18.55.105 18.55.110 18.55.120 18.55.130 18.55.140 18.55.150 18.55.160 18.55.170 18.55.180 18.55.185 18.55.187 18.55.190 18.55.200 NextLast modified: November 15, 2016