Sec. 9-60. No Liability Of Village:
   No bonds issued under this article shall be general obligations payable out of village funds; all such bonds shall be the special, limited obligations payable solely out of the income and revenues derived from the qualified project and its owner and any guarantor with respect to which such bonds are issued. No holder of any bonds issued under this article shall have the right to compel any exercise of the taxing power of the village to pay the bonds or the interest or premium thereon, if any. The bonds shall not constitute an indebtedness of the village or a loan of credit thereof 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 this article and that it does not constitute an indebtedness of the village or a loan of credit within the meaning of any constitutional or statutory provisions. (Ord. 0-06-21, 5-1-2006)