(a) Issue Bonds. The council may provide for the issuance of and authorize, issue, sell and deliver revenue bonds of the city for the purpose of providing funds for the acquisition, construction, improving or financing of an enterprise, including any or all expenses incidental thereto or connected therewith.
(b) Acquire Project and Pledge Revenues. The council may acquire, construct, improve or finance any project to improve any enterprise defined in the resolution providing for the issuance of bonds pursuant to Section 12.28.020, and may pledge, place a charge upon, and assign all or any part of the gross revenues of such enterprise for the security of the bonds.
(c) Bond Law. The council has and may exercise all of the powers set forth in the bond law, subject to the restrictions therein set forth, except as in this chapter otherwise expressly provided.
(Ord. 3083 § 1 (part), 1978)