§ 3.116.250 — Validity of bonds

3.116.250 Validity of bonds.

The validity of the authorization and issuance of any bonds is not dependent on and shall not be affected in any way by any proceedings taken by the city for approval of any financing or the making of any loan or the entering into of any agreement, or by the failure to make any loan or enter into any agreement, for which bonds are authorized to be issued under this chapter. The city may require that an action to be determine the validity of bonds issued pursuant to this chapter be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the California Code of Civil Procedure, at the expense of the applicant. (Prior code § 80.03.025)