§ 3.154.090 — Insurance or credit enhancement or liquidity support
Sacramento City Code (current through Supplement No. 4, July 2026, and Ord. 2026-0022) · Sacramento City Code § 3.154.090
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3.154.090 Insurance or credit enhancement or liquidity support.
The city treasurer may obtain bond insurance or other credit enhancement or liquidity support for the bonds and may enter into any credit agreement, reimbursement agreement, standby bond-purchase agreement, or similar agreement with any person or entity. Such an agreement must contain the terms of the credit, reimbursement, liquidity support, interest rate, and security, and any other terms the city treasurer considers necessary or appropriate. (Ord. 2018-0041 § 2)