3.152.060 Proceedings authorizing issuance-Public or private sales.

   A.   The resolution that authorizes issuance of bonds and the issuing instrument may prescribe any or all of the following for the bonds:

      1.   The form of the bonds, which may be issued as serial bonds, term bonds, or installment bonds, or any combination of them;

      2.   The date or dates to be borne by the bonds;

      3.   The date or dates of maturity of the bonds;

      4.   The interest to be borne by the bonds, which may be taxable or tax-exempt, fixed or variable, and which may be paid on a current-interest-rate basis or a capital-appreciation basis;

      5.   The date or dates that the bonds will be payable;

      6.   The denominations, form, and registration privileges of the bonds;

      7.   The manner of execution of the bonds;

      8.   The place or places the bonds are payable;

      9.   The terms of redemption of the bonds;

      10.   Any other terms and conditions the city deems necessary.

   B.   The bonds may be sold at either a public or private sale, on either a negotiated or competitive basis, and at a price at, above, or below the par value. (Ord. 2012-039 § 2)3.152.060