10-2-6: INSURANCE OR CREDIT ENHANCEMENT OR LIQUIDITY SUPPORT:
The City may obtain bond insurance or other credit enhancement or liquidity support for the bonds and may enter into any credit agreement, reimbursement agreement, standby bond-purchase agreement, or similar agreement with any person or entity. Such an agreement must contain the terms of the credit, reimbursement, liquidity support, interest rate, and security, and any other terms the Finance Director deems necessary or appropriate. (Ord. 2018-02, 4-3-2018)