Sacramento Municipal Code § 3.154.140 Liberal construction

This chapter, being necessary for the health, welfare, and safety of the city and its residents, is to be liberally construed to carry out its purposes. (Ord. 2018-0041 § 2)

This chapter provides a complete, additional, and alternative method for doing the things authorized and is to be regarded as supplemental and additional to the powers conferred by other laws. (Ord. 2018-0041 § 2)

The validity of any bonds does not depend on, and is not affected in any way by, any proceedings taken by the city for acquisition, construction, or completion of any properties or projects for which the bonds are issued or incurred or any agreements made in connection with the acquisition, construction, or operation of those properties. The bonds will be incontestable and by their issuance or incurrence and delivery will conclusively establish the due performance of all related conditions precedent. (Ord. 2018-0041 § 2)

This chapter may not be amended to have a material, adverse effect upon the rights of any holder of any outstanding bonds without the written consent of the holder, except that this chapter may be amended at any time for any or all of the following reasons:

A. If the amendment is needed to cure an ambiguity or to correct or supplement a defective provision.

B. If the city council finds that the amendment will not materially impair or adversely affect the city's interests or the interests of any holder of bonds.

C. If the city council finds that the amendment is necessary or desirable to assure that interest on bonds intended to be exempt from gross federal income taxation will be exempt from gross federal income taxation, if applicable.

D. If the amendment will apply solely to bonds issued or incurred after its effective date. (Ord. 2018-0041 § 2)

To the extent this chapter is inconsistent with any general statute or special act, this chapter will control. (Ord. 2018-0041 § 2)

If, for any reason, any part of this chapter is invalid, then all valid parts that are severable from the invalid part remain in effect. (Ord. 2018-0041 § 2)