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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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