No constitutional or statutory limitation with respect to the nature or amount of indebtedness which may be incurred by the city shall apply to the indebtedness of the Building Commission. No indebtedness of any nature of a Commission shall constitute an indebtedness of the city creating and establishing such Commission or a charge against any property of the city. No indebtedness or obligation incurred by any Commission shall give any right against any member of the governing body of the city or any member of the Board of any Commission. The rights of creditors of any Commission shall be solely against the Commission as a corporate body and shall be satisfied only out of property held by it in its corporate capacity.
(Ord. passed 12-1-1970)