No holder of any bonds under §§ 36.25 through 36.37 shall have the right to compel any exercise of taxing power of the city to pay the bonds, the interest or premium, if any. The bonds shall not constitute an indebtedness of the city or a loan of credit within the meaning of any constitutional or statutory provision. It shall be plainly stated on the face of each bond that it has been issued under the provisions of §§ 36.25 through 36.37 and that it does not constitute an indebtedness of the city or a loan of credit within the meaning of any constitutional or statutory provision.
(Ord. 6491, passed 8-9-77)