Pursuant to the joint powers agreement between the city and the Chico Redevelopment Agency, the city and agency, by amending the joint powers agreement, may modify the terms and conditions under which the authority operates, except as may be limited by contract with the owners of bonds issued by the authority, or by applicable regulations or laws governing either the city, the Chico Redevelopment Agency, or an agency established under the joint powers of the state of California.
(Ord. 1829 (part))