Section:
3.76.010 Purpose.
3.76.020 Definitions.
3.76.030 Loans for health facilities.
3.76.040 Refinancing loans for health facilities.
3.76.050 Acquisition, construction, leasing and selling of health facilities.
3.76.060 Fees.
3.76.070 Applications for financing.
3.76.080 Acceptance of applications.
3.76.090 Insurance.
3.76.100 Rents and charges.
3.76.110 Security for loans.
3.76.120 Professional services.
3.76.130 Additional powers.
3.76.140 Issuance of bonds; bonds not debt of city.
3.76.150 Costs of issuance.
3.76.160 Resolution; bond provisions.
3.76.170 Bond provisions.
3.76.180 Pledge of revenues, money or property; lien.
3.76.190 No personal liability.
3.76.200 Purchase of bonds.
3.76.210 Actions by bondholders.
3.76.220 Refunding bonds.
3.76.230 Bond anticipation notes.
3.76.240 Validity of bonds.
3.76.250 Liberal construction.
3.76.260 Omissions not to affect validity of bonds.
3.76.270 Full authority.
3.76.280 Additional authority.
3.76.290 Chapter controlling.
3.76.300 Severability.
The council hereby finds and declares that it is necessary, essential, a public purpose and a municipal affair for the city to be authorized to provide financing to health institutions that provide essential services to residents of the city in order to aid such health institutions in containing costs and thereby to enable such health institutions to establish lower rates and charges than would otherwise prevail and to provide better service at such rates and charges. Unless the city intervenes to provide such financing, such rates and charges may increase at an ever accelerated pace because such health institutions cannot obtain financing at equivalent cost from private sources.
(Ord. 1584 §1 (part))
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