Section 121: Power to Incur Indebtedness

The City may borrow money and may authorize and incur debt subject, as to the amount, purpose and the manner of incurring such indebtedness, to the limitations of the constitution and statutes of the state; and, subject to the same limitations, the City may evidence and secure such indebtedness in the form and manner as the council shall determine.

Effective Date: November 1984
Ordinance C27613 Section 1

Section 122: Incidental Power of Council

The council may provide for the employment of bond counsel, brokers and underwriters, and financial consultants and for all other matters incidental to the marketing and servicing of bonds, debentures, and other instruments.

Effective Date: November 1984
Ordinance C27613 Section 2

Section 124: Sale of Bonds

All bonds may be sold at such price and in such manner as authorized or required by the Revised Code of Washington, as amended.

Effective Date: November 1984
Ordinance C27613 Section 4