The Council of The City of Los Angeles, exercising the powers reserved to The City of Los Angeles under the Constitution of the State of California, and its powers under the provisions of the Charter of The City of Los Angeles, may determine that bonds, notes or other evidences of indebtedness payable from assessments levied under and pursuant to Referendum Ordinance K for City-wide Parks, Recreation and Community Facilities Assessment adopted by the voters of The City of Los Angeles on November 5, 1996 shall be issued as provided in this article.
SECTION HISTORY
Article and Section Added by Ord. No. 172,856, Eff. 11-8-99.