San Bernardino Municipal Code Art. VI Procedural Alternative V

Whenever the Mayor and City Council deem it necessary, in order to provide public off-street parking places or to otherwise perform the acts set forth in § 12.84.020, the Mayor and City Council shall have and may exercise all of the powers, jurisdiction and authority all as now or hereafter provided for in the Revenue Bond Law of 1941, except as herein otherwise provided.

(Ord. 3589, passed 7-6-1976)

Statutory reference:

Revenue Bond Law of 1941, see Cal. Gov’t Code, §§ 54300 et seq.

The Mayor and City Council may authorize the issuance of revenue bonds without first submitting to its qualified voters, at an election held for that purpose, the proposition of issuing bonds pursuant to the Revenue Bond Law of 1941. The Mayor and City Council shall make such authorization by ordinance. The ordinance shall describe, in general terms, the improvements or acquisitions to be funded by the revenue bonds and the maximum amount of the bonds proposed to be issued. Each such ordinance shall state that it is subject to the provisions for referendum applicable to the city.

(Ord. 3589, passed 7-6-1976)

Statutory reference:

Revenue Bond Law of 1941, see Cal. Gov’t Code, §§ 54300 et seq.