This board shall have, with respect to the issuance of bonds authorized to be issued
by it, the authority and power with respect thereto set forth and contained in the
Act, which terms and provisions are hereby incorporated in this article as though
herein expressly set forth, word for word, except to the extent of changes required
for the provisions thereof to be consistent in the context of this article, and such
additional authority as may be granted in similar provisions by amendment of the Act
from time to time hereafter.
All bonds of the board shall be special obligation revenue bonds which shall be obligations
only of the board and shall not constitute an indebtedness for which the faith and
credit of the county, or any of its revenues are pledged, and the principal of and
interest on the bonds shall be payable from and secured by a pledge of revenues derived
from the water system projects financed, in whole or in part, from bond proceeds and
as authorized by, and in accordance with the provisions of the Act.
(Ord. No. 12-OR-27, § 7, 8-30-12)
var val = document.getElementById('citecontent').innerHTML;
art.dialog.defaults.title = window.location.href;
art.dialog.data('cite', val);
art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');