In addition to all other powers now or hereafter granted to the city by the Constitution or laws of the state or by the Charter, the city shall have power to acquire, construct, improve and finance any one or more enterprises and, for the payment of the cost thereof, including all incidental expenses, interest during construction, reserve funds and other funds necessary for the better securing of the revenue bonds hereinafter referred to and reimbursement to the city of any funds advanced after the effective date of this chapter to pay all or any part of the cost of acquiring, constructing, improving or financing of any enterprise, to issue revenue bonds payable exclusively from the revenues of any or all enterprises.
(Prior code §16A.6 (Ord. 764 §6))