A. The City may borrow money for any purpose within the scope of its powers, may issue bonds or other evidence of indebtedness therefor, and may, when permitted by State law, pledge the full faith and credit of the City for the payment of those obligations.
B. The enumeration of specific kinds of bonds or other borrowing in this chapter shall not be deemed to exclude other kinds of bonds or other borrowing permitted by State law.
(Adopted by the electorate, 11-5-1974)