Article d — REVENUE BONDS
Irvine Municipal Code · 2026-09 edition · updated 2026-10-02 · Irvine
Sec. 2-7-631. - Bonds defined.¶
Sec. 2-7-632. - Power to borrow and issue bonds; nature of bonds.¶
Sec. 2-7-633. - Recitals.¶
Sec. 2-7-634. - Types of bonds; sources of payment.¶
Sec. 2-7-635. - Additional sources of payment.¶
Sec. 2-7-636. - Reserved.¶
Sec. 2-7-637. - Terms and conditions.¶
Sec. 2-7-638. - Provision for principal; maturities; interest; denominations, etc.¶
Sec. 2-7-639. - Resolution as contracts with bondholders.¶
Sec. 2-7-640. - Resolutions and contracts; incorporation into bonds by reference;…¶
Sec. 2-7-641. - Covenants and agreements.¶
Sec. 2-7-642. - Reserved.¶
Sec. 2-7-643. - Covenants; punctual payment.¶
Sec. 2-7-644. - Covenants; operation of facilities.¶
Sec. 2-7-645. - Covenants; repairs, renewals and replacements.¶
Sec. 2-7-646. - Covenants; discharge of claims, charges and liens.¶
Sec. 2-7-647. - Covenants; limitation on right to encumber, sell or lease.¶
Sec. 2-7-648. - Reserved.¶
Sec. 2-7-649. - Covenants; revenues charged with payments of bonds.¶
Sec. 2-7-650. - Covenants; reserve, sinking, and other special funds; use of money in…¶
Sec. 2-7-651. - Covenants; proceeds of bonds.¶
Sec. 2-7-652. - Covenants; additional indebtedness.¶
Sec. 2-7-653. - Covenants; insurance.¶
Sec. 2-7-654. - Reserved.¶
Sec. 2-7-655. - Acceleration of maturity; terms and conditions.¶
Sec. 2-7-656. - Breach of covenant, condition or obligation; effect.¶
Sec. 2-7-657. - Amendment, modification or waiver of conditions; bondholders' meetings.¶
Sec. 2-7-658. - Amendment, modification or waiver of conditions; bonds held by…¶
Sec. 2-7-659. - Provisions for security and marketability.¶
Sec. 2-7-660. - Reserved.¶
Sec. 2-7-661. - Trustee—Designation; authority.¶
Sec. 2-7-662. - Same—Handling of funds.¶
Sec. 2-7-663. - Same—Duties and powers.¶
Sec. 2-7-664. - Series, division, maturities, interest rates; issuance of other bonds.¶
Sec. 2-7-665. - Variance in bonds of same issue.¶
Sec. 2-7-666. - Reserved.¶
Sec. 2-7-667. - Call and redemption.¶
Sec. 2-7-668. - Place of payment; coin or currency.¶
Sec. 2-7-669. - Signatures.¶
Sec. 2-7-670. - Signatures; continuing validity.¶
Sec. 2-7-671. - Serial or sinking fund type; maximum maturity; calculation of maturity.¶
Sec. 2-7-672. - Reserved.¶
Sec. 2-7-673. - Issuance and sale of bonds.¶
Sec. 2-7-674. - Determination of amount.¶
Sec. 2-7-675. - Interest; payment from proceeds of sale of bonds.¶
Sec. 2-7-676. - Interest and principal as charge upon revenues.¶
Sec. 2-7-677. - Temporary bonds, certificates, etc.¶
Sec. 2-7-678. - Reserved.¶
Sec. 2-7-679. - Refunding bonds.¶
Sec. 2-7-680. - Refunding bonds; amount issuable.¶
Sec. 2-7-681. - Validating proceedings.¶
Sec. 2-7-682. - Covenants; duties to perform.¶
Sec. 2-7-683. - Enforcement of rights.¶
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