Except for the necessity to finance its interim system of buses and ferries, as described in Section 27551, or the necessity to finance capital improvements or modifications relating to seismic safety of the bridge, the district shall not issue general obligation bonds, revenue bonds, or any other form of long-term indebtedness.
(Amended by Stats. 1992, Ch. 166, Sec. 1. Effective July 13, 1992.)
Last modified: October 25, 2018