(A) The enterprise is authorized to issue bonds, notes or other obligations payable from the revenues derived or to be derived from the system.
(B) The Board of Trustees may also authorize the issuance of such bonds, notes or other obligations in accordance with the laws of the state, and in so doing shall be deemed to be acting as both the governing body and the Board of Trustees.
(Ord. 6-10, passed 10-13-2010)