3.88.020   Issuance of bonds and indenture of trust.
   The city council hereby authorizes the issuance of bonds for the purpose of providing a self-insurance reserve fund. Said bonds shall be issued pursuant to and in accordance with an indenture of trust substantially in the form of a copy on file with the city clerk, together with any changes thereafter approved by the city manager.
(Ord. 1664 §l (part))