14.28.050 - Authorized expenditures.
A. The city may issue general obligation bonds for the acquisition of land for, or the design, planning or construction of, any municipal improvement, including but not limited to the following:
1. Any street, highway, road, alley, lane, boulevard, pedestrian mall, parkway, bike path, trail or other right of way dedicated to or used for public use and all appurtenances, including but not limited to medians, street signs, street lights, traffic signals, soundwalls, drains, tunnels, sewers, conduits, culverts, channels for drainage purposes, and landscaping, hardscaping, lighting or signage within or adjacent to public rights of way or easements.
2. Any bridge, waterworks, water rights, sewers, sewer plants, light and power works or plants, levees, wharves, breakwaters, jetties, riparian rights or corridors, or seawalls.
3. Any parks, playgrounds, gardens, open space areas, trails, or recreation facilities.
4. Any buildings or structures for municipal uses, including but not limited to municipal office buildings, police facilities, fire facilities, libraries, community centers, senior centers, daycare centers, public parking lots or garages.
5. Any buildings, structures or other improvements otherwise necessary or convenient to carry out the objects, purposes, or powers of the city.
B. All costs normally associated with the issuance of general obligation bonds may also be paid from the proceeds of any bonds authorized to be issued pursuant to this chapter.
(Ord. 26153.)
