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Earlier editions: 2026-09

Title 3 — REVENUE AND FINANCE

Lancaster Municipal Code Ch. 3.28 Housing Revenue Bonds

Lancaster Municipal Code · 2026-10 edition · updated 2026-10-04 · Lancaster

Cite as: Lancaster Municipal Code Chapter 3.28 · Text as of 2026-10-04

3.28.010 - Indemnification for multifamily housing revenue bond default refundings.

Developers of multifamily housing projects financed through city or Lancaster redevelopment agency multifamily housing revenue bonds whose projects are refunded to cure defaults shall indemnify the city and agency for all loss arising out of any refunding of such bonds.

Such indemnification shall include all costs and attorney fees which would be incurred by the city and agency.

(Prior code § 2-5.80)

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