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Division 2 — Financing Projects

§ 28-25. Security for the bonds.

Cypress Planning Code · 2026-07 edition · updated 2026-07-25 · Cypress

The principal of and interest on any bonds issued by the city under this article may be secured by a pledge of, or security interest in, the revenues, rentals and receipts out of which the same may be made payable or from other moneys available therefor and not otherwise pledged or used as security and may be secured by a trust indenture (which may assign the city's rights in

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City of Cypress, CA § 28-25

CYPRESS CODE

§ 28-29

any loan agreements, leases, sale agreements, mortgages and deeds of trust which the city may have with the participant(s), and/or by a mortgagor deed of trust (including mortgages or deeds of trust from the participant(s) to the trustee) covering all or any part of the project from which the revenues, rentals or receipts so pledged or used as security may be derived, including any enlargements of and additions to any such project thereafter made. (Ord. No. 729, § 1, 6-11-84)

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▸ Contents — Cypress Planning Code
Cypress Planning Code
  1. Chapter 25
  2. Chapter 28
  3. Division 1 — Generally
  4. ▸ Division 2 — Financing Projects
    Overview
    1. § 28-6. Loans for projects.
    2. § 28-7. Sale or lease of project by city.
    3. § 28-8. Loan agreements.
    4. § 28-9. Fees.
    5. § 28-10. Rents and charges.
    6. § 28-11. Security for loans.
    7. § 28-12. Employment of experts and consultants.
    8. § 28-13. Public works requirements inapplicable.
    9. § 28-14. Additional powers.
    10. § 28-15. Rules and regulations.
    11. § 28-20. Issuance of bonds.
    12. § 28-21. Bonds not debt of city.
    13. § 28-22. Type, form and sale of bonds.
    14. § 28-23. Trust indenture to secure bonds.
    15. § 28-24. Terms of resolution or indenture.
    16. § 28-25. Security for the bonds.
    17. § 28-26. Insurance or guarantee of payment.
    18. § 28-27. No personal liability.
    19. § 28-28. Refunding bonds.
    20. § 28-29. Pledge of revenues, money or property.
    21. § 28-30. Purchase of bonds by city.
    22. § 28-31. Actions by bondholders.
    23. § 28-32. Bond anticipation notes.
    24. § 28-39 Division 4 Applications
  5. Division 4 — Applications
  6. Division 5 — Supplemental Provisions

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