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§ 11.28.17 — Related Powers

Los Angeles Municipal Code (2026 Rev. 9, current through legislation effective June 30, 2026) · Los Angeles Administrative Code § 11.28.17

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Sec. 11.28.17. Related Powers.

The Financing Agreement may provide for vesting in a trustee the right to receive revenues from the SCM Fund and to enforce covenants set forth in the Financing Agreement. The Council may further provide in the Financing Agreement for other acts and things which it deems necessary, convenient or desirable to provide for the issuance of the Bonds (whether pursuant to a Supplemental Resolution or an Authorizing Resolution), tending to make them more marketable, including, but not limited to, the provision of bond insurance or other credit support for the Bonds. SECTION HISTORY Added by Ord. No. 182,531, Eff. 6-10-13.