Section 55.  Issuance of revenue bonds.
   The town may provide by ordinance for the issuance and sale of revenue bonds for the purpose of financing any part or all of the cost of construction, reconstruction, acquisition, improvement, extension, alteration, modernization, planning, maintenance, and repair of any municipally owned property, facility or project. Such bonds are to be payable as to both principal and interest solely from the revenues of any portion or all of such property, facilities or projects as are financed by such revenue bonds. Such bonds shall not constitute an indebtedness to which the town's faith and credit or taxing power are pledged and all such bonds shall contain on their faces a statement to that effect.