(A) All bonds issued under this subchapter shall be limited obligations of the municipality payable solely out of the revenues and receipts derived from the project with respect to which the bonds are issued.
(B) No holder of the bonds has the right to compel any exercise of taxing power of the municipality to pay the bonds or the interest or premium, if any, thereon, and the bonds do not constitute an indebtedness of the municipality or a loan of credit thereof within the meaning of any constitutional or statutory provision.
(C) It shall be plainly stated on the face of each bond that it has been issued under the provisions of this subchapter and that it does not constitute an indebtedness of the municipality or a loan of credit thereof within the meaning of any constitutional or statutory provision.
(2000 Code, § 3.12.080)